The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Corvil Pushes Latency Management Towards Big Data

With an effective storage capacity of 60 terabytes, Corvil’s new CNE-7300 latency measurement appliance can retain tick data over an extended period, potentially making it useful as a data archive for ‘big data’ applications beyond latency management.

According to Donal O’Sullivan, head of product management at Corvil, the CNE-7300 will likely be able to store 50 days of option tick data from OPRA, which is the highest message rate and volume consolidated feed around.  O’Sullivan bases that estimate – and he notes it is indeed an estimate – on a daily OPRA peak of around five billion messages per day, and 250 bytes per message (including derived data stored with each message received).

Applications – such as back testing and transaction cost analysis – have access to the data via an XML SOAP interface, says O’Sullivan.  That interface allows search and filtering of datasets, as well as optional indexing for faster retrieval.

The CNE-7300 also leverages Intel’s latest ‘Sandy Bridge’ chips for performance, enabling it to process two million messages per second.

Related content

WEBINAR

Upcoming Webinar: Infrastructure monitoring: mapping technical performance to business performance

Date: 8 July 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes It’s a widely recognized truth that if you can’t measure something, you can’t improve its performance. As high-performance connectivity technologies have established themselves in the mainstream of financial firms’ trading architectures, the ability to monitor messaging and data infrastructures...

BLOG

RoZetta Teams with GreenBirch to Help Firms Deploy Managed Analytical Services

Australia-based RoZetta Technology has partnered with London cloud implementation consultancy GreenBirch Group to help financial institutions design and deploy capital markets technology solutions drawing upon their combined expertise in data science, analytics and managed data services. RoZetta specialises in the use of data science and analytics for trading and other financial markets applications; GreenBirch helps...

EVENT

RegTech Summit APAC

RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.

GUIDE

Entity Data Management Handbook – Fourth Edition

Welcome to the fourth edition of A-Team Group’s Entity Data Management Handbook sponsored by entity data specialist Bureau van Dijk, a Moody’s Analytics company. As entity data takes a central role in business strategies dedicated to making the customer experience markedly better, this handbook delves into the detail of everything you need to do to...