Netcope Technologies

What Netcope Technologies does

Netcope Technologies, operating commercially as Magmio, is a Brno, Czechia-based provider of FPGA-based hardware acceleration systems for ultra-low latency financial trading. Founded in 2012 (legal entity MAGMIO a.s.), the company employs between 11 and 50 people and sells turnkey infrastructure solutions to proprietary trading firms, HFT firms, brokers, and banks across Europe, the United States, and India. Its flagship products are Magmio FPGA Tick-to-Trade, which moves the full market-data-to-order execution path into hardware and achieves latencies below 100ns for trigger-based strategies and below 350ns for book-building strategies, and the FPGA Pre-trade Risk Check Gateway, launched February 2026, which delivers deterministic sub-microsecond risk decisions.

The underlying platform differentiates through C++ programmability via a proprietary High-Level Synthesis (HLS) compiler (the Magmio HLS toolchain), a cycle-accurate software simulator for latency and resource validation, and the Testdrive evaluation program that lets prospective customers prototype and test strategies in software before committing to FPGA hardware. The company has built native exchange protocol support across NYSE, CME, Nasdaq, NSE, BSE, Borsa Istanbul, Bats, Eurex, and ICE, and reports approximately 50 cumulative FPGA pilots with customers, the majority of which had no prior FPGA experience. Strategic technology partnerships with AMD/Xilinx (FPGA silicon), Cisco (networking), Cesnet, and Brno University of Technology underpin the platform.

The business model combines hardware sales (customized FPGA platforms), software licensing (HLS compiler and simulation environment), and professional services (consulting, functional testing, and algorithm evaluation). Sales are run through a direct enterprise field-sales motion with multi-year contracts and quote-based pricing tailored to exchange support, order types, and strategy complexity. Distribution is concentrated on proprietary trading firms as the primary segment, with brokers and banks as a secondary segment served by the risk-check gateway. No external funding rounds, revenue figures, or ownership transactions are disclosed; the company appears founder/management-controlled with CEO Milan Dvorak as the named principal.

Name

Netcope Technologies

Legal name

MAGMIO a.s.

Website

https://netcope.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Netcope Technologies (Magmio) builds FPGA-based hardware acceleration systems that deliver nanosecond-level tick-to-trade and pre-trade risk-check infrastructure for proprietary trading firms, brokers, and banks. The platform enables C++ programmability of FPGAs without specialized hardware expertise.

Ownership category

akta.pro rank

Product category

FPGA Trading Acceleration Hardware

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Industry/Domain Analytics Solutions & Accelerators (BPAEAHAK)

akta.pro secondary industry

Compute & Acceleration ICs (CPU/GPU/AI/FPGA/ASIC) (HDAHABAC)

Keywords

• FPGA trading acceleration
• Ultra-low latency trading
• Tick-to-trade hardware
• Pre-trade risk gateway
• High-frequency trading infrastructure

Headquarters

HQ city

Brno

HQ country

Czechia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. FPGA Hardware Solutions: Sale of FPGA-based trading acceleration hardware including tick-to-trade systems and risk check gateways. Hardware is customized for different exchanges, order types, and trading strategies with tailored turnkey solutions.
2. Software Licensing: Licensing of Magmio software including HLS compiler, simulation tools, and development environment for C++ to FPGA conversion.
3. Professional Services and Consulting: Comprehensive consulting services including technical support, functional testing, algorithm evaluation, and implementation assistance for FPGA deployment.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

Netcope Technologies (Magmio) designs, manufactures, and licenses an FPGA-based trading acceleration platform for capital-markets customers. The Magmio system converts trading algorithms written in C/C++ into FPGA hardware via High-Level Synthesis, delivering deterministic tick-to-trade and pre-trade risk-check performance at nanosecond-level latencies. Deliverables include FPGA hardware, Magmio software tooling (HLS compiler and simulator), and consulting services supporting deployment on major global exchanges.

Product overview

Magmio is a unified FPGA-based trading acceleration platform consisting of three core components: Magmio (the main platform for ultra-low latency trading), FPGA Tick-to-trade (the core execution engine moving market data-to-order paths into hardware), and FPGA Risk Check Gateway (a hardware-based pre-trade risk control module). The platform enables C++ programmability with High-Level Synthesis (HLS), allowing users to create trading algorithms in C/C++ and convert them into FPGA without requiring FPGA expertise. The system achieves nanosecond-level latencies (below 100ns for trigger-based strategies and below 350ns for book building) and supports multiple exchanges including NYSE, CME, NSE, BSE, Borsa Istanbul, Bats, Eurex, Nasdaq, and ICE.

Differentiator

Problem solved

Functional benefit

Products and services

• Magmio (FPGA trading platform) FPGA-based system for ultra-low latency trading that enables trading at nanosecond-level latencies (below 100ns for trigger-based strategies and below 350ns with book building); C++ programmable via HLS so users can create trading algorithms in C/C++ and convert to FPGA without prior FPGA expertise. Sold to proprietary trading firms, brokers, and banks.
• FPGA Tick-to-Trade FPGA module that moves the full market data-to-order execution path into hardware to deliver deterministic ultra-low latency trading with minimized jitter, for prop trading firms, brokers, and banks.
• FPGA Pre-trade Risk Check Gateway Hardware-based pre-trade risk control gateway that moves the entire risk decision process into FPGA, achieving deterministic sub-microsecond processing (as low as 200ns) with no OS jitter and no hidden delays; functions as a risk platform or market-access gateway for brokers, banks, and proprietary trading firms.

Quantifiable outcome

• Latency reduced from microseconds to nanoseconds (below 100ns for trigger-based, below 350ns for complex strategies)
• +3 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• CiscocoreTechnology or IntegrationTechnology partner providing networking and infrastructure components for FPGA trading solutions. Cisco's networking expertise complements Magmio's hardware acceleration technology for complete low-latency trading infrastructure.
• AMDcoreTechnology or IntegrationTechnology partner providing FPGA hardware (AMD/Xilinx FPGAs) used as the core technology platform for Magmio's trading acceleration solutions. Strategic hardware supplier relationship.
• VUT (Brno University of Technology)minorStrategic or Co-development PartnerAcademic partnership with Brno University of Technology, Magmio's home institution, likely supporting R&D collaboration and talent development in hardware acceleration and FPGA technology.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Exablaze (Cisco): Exablaze (acquired by Cisco) is one of the most direct competitors in FPGA-based ultra-low latency networking and trading acceleration. It targets the same HFT/prop trading customer base with similar tick-to-trade hardware solutions.
• NovaSparks: NovaSparks builds FPGA-based feed handlers and order book building appliances for trading venues, directly overlapping Magmio's tick-to-trade and market data acceleration value proposition in the same HFT customer segment.
• Enyx: Enyx provides FPGA-based market data and order execution solutions to banks, brokers, and trading firms — a close functional peer with comparable latency-optimized hardware targeting financial institutions.
• Algo-Logic Systems: Algo-Logic delivers FPGA-accelerated solutions for low-latency trading, including market data feed handlers and order execution, competing directly with Magmio's tick-to-trade and pre-trade risk offerings.
• Rapid Addition: Rapid Addition provides low-latency trading infrastructure including FPGA-accelerated market data and order gateways, targeting the same HFT and exchange connectivity use cases as Magmio.

Broad incumbents

• AMD / Xilinx: Magmio's FPGA silicon supplier (Xilinx/AMD) and adjacent provider of FPGA tools, reference designs, and Alveo accelerator cards. As a vendor plus broad platform player, AMD is both partner and indirect competitor in the FPGA acceleration market.
• Intel (Altera FPGA division): Intel's Altera FPGA business produces competitive programmable silicon and increasingly higher-level software stacks for low-latency trading and acceleration workloads — overlapping with Magmio's addressable customers and technology layer.
• Solarflare (AMD/Xilinx): Solarflare's ultra-low latency networking adapters (now under AMD/Xilinx) compete with the broader FPGA-accelerated trading stack. Adjacent to Magmio's domain, providing NIC-level latency improvements used alongside FPGA trading systems.

Emerging players

• Celoxica: Celoxica historically pioneered FPGA trading acceleration with high-level C-to-FPGA tools — a conceptual peer in bringing C-like programmability to FPGA-based trading, addressing similar ease-of-use adoption challenges.

Others

• Tibco (Streaming / FTL): TIBCO's FTL messaging and streaming analytics platform is a software-side competitor for low-latency market data distribution and trading infrastructure, used by many of the same broker/buy-side firms Magmio targets — adjacent rather than direct FPGA competition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/6627897
• Xx.com/netcopetech

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Netcope Technologies