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Corvil Delivers the First Multi-Team Latency Management Platform

Poster: SySAdmin
Posted on January 30, 2012 at 2:14:02 AM
Corvil Delivers the First Multi-Team Latency Management Platform

LONDON and NEW YORK, January 30, 2012/PRNewswire/ --

    Corvil, a provider of latency management systems for global financial markets, today
announced significant updates to its CorvilNet platform that will bring the benefits of
latency management to multiple trading businesses and support teams in the same
organization. This is in response to demand from customers looking to update and
consolidate multiple disparate infrastructures into one common low-latency trading
infrastructure that can be shared cost effectively across all businesses. Supported by a
common product platform to assure performance and latency of the underlying data and
transactions.

    The new release extends the reach of the CorvilNet latency management platform into
multiple asset classes and departments. A single CorvilNet installation can now serve
multiple departments with the relevant analysis and metrics for their business needs.
Executives, trading desks, trade support teams and infrastructure teams will now have
one-click access to CorvilNet with real-time and historical views, tailored to their
specific requirements. These views also include the option to restrict access to specific
order flow. For example, multiple trading desks across asset classes can share a single
CorvilNet deployment with the assurance that other trading desks cannot access their order
flow analysis.

    Donal O'Sullivan, VP Product Management Corvil said, "By replacing several outdated
monitoring systems with a single latency management platform, which is flexible enough to
meet the needs of the entire organisation, our customers are achieving considerable cost
savings."

    One of the users is Deutsche Borse, which is refreshing its global latency monitoring
system and adding new capabilities for its recent 10G co-location service with the latest
version of the CorvilNet platform.

    "CorvilNet provides both our customers and us with a complete and comprehensive
latency insight of Deutsche Borse Group's markets. With the upgrade to the new CorvilNet
system we renew our commitment to offer the best services to our customers," said Matthias
Kluber, Executive Vice President Deutsche Borse, responsible for Networks and
Infrastructure.

    Other highlights in the release include the CorvilNet Latency Feed; which allows
real-time multicast distribution of CorvilNet latency data; distributed multi-hop
analysis; time of day alerting and zero traffic alerts, e.g. when market data or trading
sessions fail.

    The new release is available immediately; contact your Corvil sales representative for
further information.

    Corvil

    Corvil is a provider of Latency Management systems for global financial markets. The
company was founded in 2000 and operates from New York, London, Singapore and Dublin.
Customers use Corvil for precision monitoring, troubleshooting and reporting of
performance for their trading applications and networks. In addition, Corvil's products
are used to demonstrate latency compliance and transparency of services such as
co-location, direct feeds and Direct Market Access (DMA) offered to trading clients. For
more information on Corvil, please visit http://www.corvil.com.

Source: Corvil

Collette Bird, E-mail: collette.bird@corvil.com,
T: +353-1-859-1040
 
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