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

A-Team Insight Blogs

Market-Maker Allston Trading Selects Corvil for Network Data Analytics

By Uri Inspector, Staff Reporter

Allston Trading, a market-maker in global energy, commodity and financial futures markets, has selected Corvil to provide network data analytics and reporting that the firm hopes will improve the performance of its trading infrastructure.

The firm is using Corvil tools to optimise its market data, trade plant and execution, and may, in the future, implement the vendor’s recently introduced Information Hub, which is designed to help firms turn infrastructure metrics into business advantage through better understanding of system and client behaviours.

Allston’s initial deal with Corvil uses the latter’s platform to deliver machine-time visibility and insights to improve the firm’s highly automated trade routing decisions, measure end-to-end transaction performance and oversee execution quality across several venues.

Allston expects the Corvil platform to offer rapid problem identification, isolation and resolution, thereby reducing the risk of service quality degradation and outages. Corvil analytics will also be used to measure behaviour profiles of new algorithms and software that automate various tasks, such as price analysis and order execution.

Steve Lazzo, chief technology officer at Allston Trading, says: “Corvil helps us advance our strategic innovation plan by providing real-time visibility across our environment, enabling us to address issues before they cost us time and money, and allowing us to determine where we get the best return on investment for development. When assessing whether to build or buy tools for effective and efficient operations, Corvil proved a very compelling option for improving trading performance and lowering our operational expenditure.”

Related content

WEBINAR

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

Date: 1 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

A-Team Webinar to Address Challenges of Deploying Market Data in the Cloud

The past year has witnessed a surge in interest in co-opting cloud technologies as a sourcing, hosting and distribution mechanism for market data. Firms seeking to migrate their market data infrastructure to the cloud, however, face significant challenges, particularly in the context of real-time data for fast-moving markets. A-Team’s February 25 webinar – ‘Approaches to...

EVENT

TradingTech Summit Virtual

TradingTech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.

GUIDE

The Global LEI System – A Solution for Entity Data?

The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...