IEX Group Rolls Out Scale Commercial Launch Of cloudSwXtch To Solve Challenges of Leveraging Cloud Networks

IEX Group, through its wholly-owned subsidiary swXtch.io, today launched cloudSwXtch, a new cloud-native software product.

The company says cloudSwXtch is “a virtual overlay network that adds feature rich, high-performance networking to cloud or edge deployments, while requiring no code changes to existing applications. cloudSwXtch unlocks missing network features that are required for demanding, high-throughput workflows such as financial, industrial, and media applications. These missing features include multicast, broadcast, packet monitoring, and protocol conversion and fanout.”

Last month, cloudSwXtch made its debut at IBC 2022 in collaboration with Microsoft and Evertz Technologies with a launch geared towards the media and broadcast industries. cloudSwXtch is now commercially available on a global scale via the marketplaces of the major clouds.

Brad Katsuyama, IEX Group co-founder and CEO, said: “Over the past several years, IEX Group has been relentlessly focused on building high performance, reliable, and scalable infrastructure. In part, to operate our national securities exchange which processes billions of messages per day, but also applying our technical expertise to build solutions for other industries that face similar technological challenges. At our core, we are a technology company and we are proud to have developed cloudSwXtch, which has the potential to revolutionize cloud networking for multiple industries.”