Abstract: A device and a method for aggregating and managing large quantities of data are disclosed. The received data are prioritized into high and low priority queues. The device receive memory is partitioned into blocks which are further divided into free list and allocation list. The low priority queues occupy between 1 and 48 blocks and the high priority queues occupy between 1 and 32 blocks. The incoming data are further subjected to Weighted Random Early Detection (WRED) process that controls congestion before it occurs by dropping some of the queues. The stored data are read using Modified Deficit Round Robin (MDRR) approach. The invention further employees several different filtering approaches for prioritizing data.