About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Corvil Collaborates with Cisco; TS-Associates Upgrades Correlix, Outlines Strategy

Subscribe to our newsletter

The two leading latency management specialists – Corvil and TS-Associates – released news this week of collaborations, upgrades and strategy.

Corvil announced a collaboration with Cisco Systems (which is also an investor in Corvil), to integrate its CorvilNet latency monitoring technology with Cisco’s Nexus 3548 switch, so that the latter can provide time stamping functionality and analytics, such as on data buffer queues.

The integration – which TS-Associates also offers – follows a trend to implement certain high performance functions in network infrastructure itself, rather than have it provided by separate appliances and software suites. In the future, latency monitoring tools will concentrate more on offering “correlation, analysis and reporting,” says Corvil’s vice president of product management Donal O’Sullivan.

Meanwhile, TS-Associates announced a major upgrade to its Correlix product, that it acquired in the middle of last year. The Correlix 5 upgrade includes:

* Increased performance, with a re-engineering of data flow latency metrics aggregation. This is of particular relevance to large installations, which have a larger number of data flows requiring processing.

* Faster query time for data searches, based on criteria such as order ID, latency or time of day.  Beta tests show a 500% speedup.

* New APIs. One is a software development toolkit to allow others to develop custom feed decoders and data management rules.  Another is a REST interface to allow for data extraction by other applications, to generate custom reports.

* An end of day reporting module allowing customised reports to be generated from the massive data collected by Correlix over a day. Reports cover precision latency statistics, percentiles and daily totals of traded volume/value, and are saved for historical views and for presentation of daily trends.

For the future, TS-Associates intends to merge its Correlix, TipOff and Application Tap latency monitoring offerings into a single product, to cover both technical infrastructure and business workflow monitoring and reporting.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Trade South Africa: Considerations for Connecting to and Trading the Johannesburg Markets

Interest among the international institutional community in trading South African markets is on the rise. With connectivity, data and analytics options for trading on the Johannesburg Stock Exchange growing more sophisticated, and the emergence of A2X as a credible alternative equity market, South Africa is shaping up as a financial centre that can offer a...

BLOG

Overcoming the Challenges of Expanding into New Markets and Moving Towards the Cloud: The BSO Blueprint

For trading firms who see diversification as a means of uncovering alpha, the challenges of entering new markets can be daunting. From navigating unfamiliar regulatory landscapes to ensuring optimal connectivity, the journey is fraught with potential pitfalls. In this Q&A, we talk to Michael Ourabah, CEO of Infrastructure & connectivity provider BSO, about how firms...

EVENT

RegTech Summit London

Now in its 8th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Institutional Digital Assets Handbook 2023

After initial hesitancy, interest in digital assets from institutional market participants has grown over the past three to four years. Early focus inevitably centred on the market opportunities presented by bitcoin and other cryptocurrencies. But this has evolved into a broad acceptance of a potentially meaningful role for digital assets in institutional markets. It’s now...