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: From Data to Alpha: AI Strategies for Taming Unstructured Data

Unstructured data and text now accounts for the majority of information flowing through financial markets organisations, spanning research content, corporate disclosures, communications, alternative data, and internal documents. While AI has created new opportunities to extract signals, many firms are discovering that value is constrained not by models, but by the quality of the content, architecture,...

BLOG

Prediction Markets Push for Institutional Credibility as ARK Invest Signs on with Kalshi

Prediction market operator Kalshi has signed a collaboration with ARK Invest, the latest in a series of moves designed to position prediction market data as a legitimate input for institutional investment workflows. The partnership, announced in late March, will see ARK request and monitor event contracts on the Kalshi platform, evaluating whether the probability signals...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Complex Event Processing

Over the past couple of years, Complex Event Processing has emerged as a hot technology for the financial markets, and its flexibility has been leveraged in applications as diverse as market data cleansing, to algorithmic trading, to compliance monitoring, to risk management. CEP is a solution to many problems, which is one reason why the...