ICE Data Services has agreed a global partnership with ITRS that enables it to offer real-time monitoring to users of its 450-plus market data feeds.
Under the partnership, clients of ICE’s Consolidated Feed – which combines content from over 450 markets into a single platform – can use ITRS’s Geneos service to monitor their data and infrastructure in real time. ITRS says this will help market participants respond to the Markets in Financial Instruments Directive II (MiFID II) regulatory push for more transparency across feeds.
Geneos enables users to check feed data and the distributed systems and applications that provide it. It measures the timeliness of data from consumption to publication, and alerts users to any troubling increases in latency. Geneos also provides automated data health checks to ensure continuous uptime and that information across all feeds is free of stale data.
Mark Loader, ITRS product lead, says: “For technical staff in capital markets, missing even the smallest detail can lead to downtime, missed trades and big customer problems. The success of our clients’ businesses relies on timely access to trusted market data.”