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

Precise Time – A Data Centre Utility

Subscribe to our newsletter

Endace suggests the Commission should require any of these venues that offer co-location services to make GPS timing signals available to users of the venues at a “reasonable cost”.

This has already been advocated in an article I wrote for Equinix’s Winter 2010/2011 Newsletter. If you missed it first time around, here’s a ‘reprint’:

We’ve all heard about the “cost of a microsecond” and the “latency arms race”. The relentless increase in price and transaction data rates in electronic trading, and the drive to remain competitive, are forcing financial markets participants to invest in the latest technology to support spiralling bandwidth requirements and to drive down data flow latency. This has in turn given birth to a whole new industry in latency monitoring solutions, based on the premise that in order to manage something, you have to be able to measure it.

This evolution has now played out to the point where traditional measurement techniques are no longer sufficiently accurate. The latency of hardware and software components used in trading systems is typically quoted in microseconds. Measurement solutions must therefore have resolution and accuracy in the sub-microsecond realm. At TS-Associates we call this field Precision Instrumentation.

The foundation of Precision Instrumentation is precise time keeping. This means having access to an accurate reference clock and a means of distributing time synchronisation. The traditional network-based time synchronisation protocol NTP is no longer suitable. Better solutions such as PTP or various analogue signalling techniques are able to provide the necessary accuracy.

The universal reference clock in common use is GPS time. Each GPS satellite has an onboard atomic clock that provides a stable and precise time reference. However, access to GPS time requires that a GPS antenna be positioned with line of sight to GPS satellites – usually on the roof of a data centre facility. In any multi-tenant facility that permits cable routes to the roof, you will find many GPS antennae, one or more for each tenant. This approach is obviously neither scalable nor cost effective, and indeed problematic for some buildings.

Data centres are in the business of providing the essential utilities – space, power, cooling and connectivity. We propose that the next service to drop into the essential utility layer will be access to a precise time reference.

Henry Young is CEO of TS-Associates.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

Defensibility: The New Watchword for Data Management

George Tziahanas, VP of Compliance at Archive360. Regulated enterprises are discovering that the hardest part of scaling new technology such as AI isn’t adoption; it’s proving those technologies are properly controlled. For financial institutions in particular – including banks, asset managers, insurers, and capital markets firms – this challenge is intensified by long-standing regulatory expectations...

EVENT

Eagle Alpha Alternative Data Conference, London, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Regulatory Data Handbook – Fourth Edition

Need to know all the essentials about the regulations impacting data management? Welcome to the Fourth edition of our A-Team Regulatory Data Handbook which provides all the essentials about regulations impacting data management. A-Team’s series of Regulatory Data Handbooks are a great way to see at-a-glance: All the regulations that are impacting data management today A...