Corvil Brings Latency Management to the Broader Market
Poster: SySAdmin
Posted on July 9, 2012 at 1:07:01 AM
Corvil Brings Latency Management to the Broader Market
LONDON and NEW YORK, July 9, 2012/PRNewswire/ --
New release adds business level trade visibility, simplifies configuration and
maintenance, and introduces lower cost appliance.
Corvil, a provider of latency management systems for global financial markets, today
announced a major addition to its Latency Management System. The new release features a
business visibility module titled Trade Lens, Management Reporting, Advanced Deployment
Management, and a new lower cost appliance.
(Logo:
http://photos.prnewswire.com/prnh/20120605/537402 )
The Trade Lens transforms the business visibility offered by the Corvil solution. It
presents business users with an intuitive and concise view into key metrics such as fill
rate, traded volume, cancel to order ratios, order types, latency profile, and session
errors. These metrics can be aggregated over sessions, customers, gateways, protocols,
venues or any other user-defined grouping. In keeping with Corvil's ethos to provide a
single solution to serve all business units and asset classes, the Trade Lens views are
fully configurable and are integrated with Corvil's Role Based Access Control.
With Management Reporting, Corvil has added the ability to create customized reports,
containing trading, business and infrastructure information, these reports are emailed
directly to the requested recipients. Management Reporting streamlines the creation and
sharing of critical performance information with senior management and, where appropriate,
with clients and counterparties.
As the technologies and techniques previously concentrated in HFT have become
mainstream, trading organisations everywhere have had to acquire new skills and knowledge.
Advanced Deployment Management makes the know-how and the experience of complex
deployments available to every user of the product. Complex multi-stage correlations are
now easy to implement and debug with a new GUI helper, and hundreds of trading protocols
will now self-configure.
The new appliance, the CNE-2100, with 4 x 1G monitoring ports, offers the full
CorvilNet solution at a significantly reduced price point, without compromise on
performance or functionality. The CNE-2100 will allow organisations to upgrade legacy
performance management solutions with the Corvil solution at a much improved price point.
"Latency Management, providing the necessary visibility into high speed trading
systems, has moved from being a highly specialised requirement for a niche set of trading
shops to become a critically important function for all trading organisations in today's
global financial markets," said Donal O'Sullivan, VP of Product Management at Corvil.
"With this release we have lowered the barrier to entry to low-latency trading
technologies for the broader market. It is now less costly to purchase latency management,
quicker to deploy and maintain these trading systems, and simpler to visualise and share
the critical business knowledge."
The new release is currently in trial with select customers and will be generally
available from 1st September 2012. Please contact your Corvil representative for early
visibility into what CorvilNet 8.0 can do for you. You can also reach us at
http://www.corvil.com
Corvil
Corvil is a provider of Latency Management systems for global financial markets. The
company was founded in 2000 and operates from New York, London, Singapore, Tokyo and
Dublin. Customers use Corvil for precision monitoring, troubleshooting and reporting of
performance for their trading applications and networks. In addition, Corvil's products
are used to demonstrate latency compliance and transparency of services such as
co-location, direct feeds and Direct Market Access (DMA) offered to trading clients. For
more information on Corvil, please visit http://www.corvil.com
CONTACT
Sheila Carroll
E-mail: sheila.carroll@corvil.com
T: +353-1-859-1040
Photo:
http://photos.prnewswire.com/prnh/20120605/537402
Source: Corvil
LONDON and NEW YORK, July 9, 2012/PRNewswire/ --
New release adds business level trade visibility, simplifies configuration and
maintenance, and introduces lower cost appliance.
Corvil, a provider of latency management systems for global financial markets, today
announced a major addition to its Latency Management System. The new release features a
business visibility module titled Trade Lens, Management Reporting, Advanced Deployment
Management, and a new lower cost appliance.
(Logo:
http://photos.prnewswire.com/prnh/20120605/537402 )
The Trade Lens transforms the business visibility offered by the Corvil solution. It
presents business users with an intuitive and concise view into key metrics such as fill
rate, traded volume, cancel to order ratios, order types, latency profile, and session
errors. These metrics can be aggregated over sessions, customers, gateways, protocols,
venues or any other user-defined grouping. In keeping with Corvil's ethos to provide a
single solution to serve all business units and asset classes, the Trade Lens views are
fully configurable and are integrated with Corvil's Role Based Access Control.
With Management Reporting, Corvil has added the ability to create customized reports,
containing trading, business and infrastructure information, these reports are emailed
directly to the requested recipients. Management Reporting streamlines the creation and
sharing of critical performance information with senior management and, where appropriate,
with clients and counterparties.
As the technologies and techniques previously concentrated in HFT have become
mainstream, trading organisations everywhere have had to acquire new skills and knowledge.
Advanced Deployment Management makes the know-how and the experience of complex
deployments available to every user of the product. Complex multi-stage correlations are
now easy to implement and debug with a new GUI helper, and hundreds of trading protocols
will now self-configure.
The new appliance, the CNE-2100, with 4 x 1G monitoring ports, offers the full
CorvilNet solution at a significantly reduced price point, without compromise on
performance or functionality. The CNE-2100 will allow organisations to upgrade legacy
performance management solutions with the Corvil solution at a much improved price point.
"Latency Management, providing the necessary visibility into high speed trading
systems, has moved from being a highly specialised requirement for a niche set of trading
shops to become a critically important function for all trading organisations in today's
global financial markets," said Donal O'Sullivan, VP of Product Management at Corvil.
"With this release we have lowered the barrier to entry to low-latency trading
technologies for the broader market. It is now less costly to purchase latency management,
quicker to deploy and maintain these trading systems, and simpler to visualise and share
the critical business knowledge."
The new release is currently in trial with select customers and will be generally
available from 1st September 2012. Please contact your Corvil representative for early
visibility into what CorvilNet 8.0 can do for you. You can also reach us at
http://www.corvil.com
Corvil
Corvil is a provider of Latency Management systems for global financial markets. The
company was founded in 2000 and operates from New York, London, Singapore, Tokyo and
Dublin. Customers use Corvil for precision monitoring, troubleshooting and reporting of
performance for their trading applications and networks. In addition, Corvil's products
are used to demonstrate latency compliance and transparency of services such as
co-location, direct feeds and Direct Market Access (DMA) offered to trading clients. For
more information on Corvil, please visit http://www.corvil.com
CONTACT
Sheila Carroll
E-mail: sheila.carroll@corvil.com
T: +353-1-859-1040
Photo:
http://photos.prnewswire.com/prnh/20120605/537402
Source: Corvil