Leading UK retail and professional spread betting provider, London Capital Group (LCG), is to use Geneos from ITRS Group, to monitor and manage all elements of their trading room technology to optimise speed, latency and reliability across their data and trading technology. LCG specialises in providing online trading services for private, professional and institutional customers. Geneos will be used for real-time application monitoring across the entire infrastructure, including live and business continuity sites. ITRS is the leading global provider of predictive, real-time monitoring and proactive application performance management products to the world’s financial community.
Bill Newton, CIO at London Capital Group, noted: “Our business relies on a continuously available trading infrastructure. We have to know, ahead of our users, of any potential issues which might lead to a service outage and ITRS Geneos is designed to specifically monitor the fast moving trading environment in which we operate. London Capital Group not only provides trading services for its own brands but also for some of the world’s most trusted brands with tailor-made spread-betting and CFD white label solutions, so putting in place a comprehensive monitoring solution which can grow with our business is essential.”
Kevin Covington, CEO of ITRS Group, added: “London Capital Group is one of the UK’s leading spread-betting and CFD providers and we are delighted they have selected Geneos. It is significant that the technology we are supplying to the Tier 1 broker/dealer firms is equally suitable for specialist service providers. This underlines the challenge all firms face in needing to really understand, from end-to-end, how the technology and applications which underpin the trading infrastructure are working. Firms must see not only the real-time status of their technology, but also have the ability to predict the likely problems during the trading day, so they can be resolved or avoided before trading is disrupted.”
ITRS Geneos enables the London Capital Group team to have a business service view of their complete trading infrastructure. This provides the operations team with a clear oversight of the technology metrics and also gives business users a schematic representation of order flow and performance.