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

Market Data Tools Pitches DeltaT Latency Measurement to App Developers

Subscribe to our newsletter

Startup Market Data Tools is rolling out DeltaT, a latency measurement tool with a focus on the needs of developers writing interfaces to market data feeds.

Founded by former Thomson Reuters software development specialists, Market Data Tools is aiming DeltaT at a more focused marketplace than that being addressed by latency monitoring heavyweights Corvil and TS-Associates.

DeltaT is being directed to measure latency of market data feeds, and the software stacks/application programming interfaces associated with them. To date, the company has unsurprisingly focused on feeds from Thomson Reuters, but it is now looking at others, from the likes of Bloomberg, Spryware and Exegy.

DeltaT works with packet capture cards, from Endace and Napatech (and in the future from Myricom) and can also subscribe to data feed handler APIs, in both cases time stamping data packets for comparison across two points.

Typical applications include comparing the timeliness of data across two feeds (e.g. direct vs consolidated), the latency of data as it passes through network infrastructure (e.g. from firewall to server), or the latency of software handlers delivering the data to applications.

A graphical representation of latency is available – and can be fed from either a live feed, or from a historical capture file – to easily determine latency spikes and other issues.

As well as being leveraged by application developers interested in obtaining the fastest data, DeltaT can also be used to monitor SLAs for data feeds and by data feed vendors to demonstrate the speed of their offerings. Future enhancements will include a number of alerting mechanisms to signal when SLAs are breached.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Leveraging interoperability: Laying the foundations for unique best-of-breed trading solutions

Interoperability on the trading desk promises more actionable insights, real-time decision making, faster workflows and reduced errors by ensuring data consistency across frequently used applications. But how can these promises be kept in an environment characterised by multiple applications and user interfaces, numerous workflows and technology vendors competing for space on the trader’s desktop? This...

BLOG

2024: Why FX Liquidity Provision Analysis (LPA) will Come Into its Own

By Daniel Chambers, Head of Data & Analytics at BidFX (an SGX company). As we usher in 2024, the world of market infrastructure is abuzz with anticipation, particularly in the foreign exchange (FX) markets where investors hang on every word uttered by central banks around monetary policy. Looking ahead, the New Year promises an increased...

EVENT

Data Management Summit New York City

Now in its 14th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

MiFID II Handbook

As the 3 January 2018 compliance deadline for Markets in Financial Instruments Directive II (MiFID II) approaches, A-Team Group has pulled together everything you need to know about the regulation in a precise and concise handbook. The MiFID II Handbook, commissioned by Thomson Reuters, provides a guide to aspects of the regulation that will have...