About Us

Corvil provides the leading Operational Performance Monitoring Platform (OPM) for IT. Customers use Corvil to optimize and safeguard the operational performance of their business processes and services and their IT systems.

The Corvil Vision 

Safeguarding Business Performance In A New Era Of IT Automation

Corvil believes that business transacted today can be transacted faster and cheaper tomorrow. New technologies are bringing increased opportunity for IT automation to enable more efficient business. The drive for business growth is forcing business to adopt new technologies and move their business into a faster and more efficient paradigm. Failing to do this puts them at risk relative to businesses that successfully embrace the new paradigm.

A Sign Of Things To Come – Electronic Trading

A good example of a faster business world is what happened with electronic trading. Over the past five years the operations of Financial Markets have been fundamentally transformed as the industry mass migrated from floor trading to algorithmic trading using the latest innovations in high-speed IT. The trading process migrated from a human to human controlled process to a machine to machine controlled process. As result, process execution frequency increased by 10,000 times and cost per transaction was slashed. Businesses fundamentally had to adapt to the new P&L norm or risk extinction. 

The Tip Of The Iceberg

New examples are rapidly emerging of business processes moving to machine control and execution. Real Time Bidding (RTB) is about to have a dramatic impact on the advertising world where a real-time auction process will occur at Ad Exchanges between advertisers using programmatic buying before an ad is loaded in a web page. The entertainment industry is transforming itself with new real-time online gambling and twitch gaming. Yet another example of industry business practice transforming is in the insurance industry with the adoption of Machine to Machine (M2M) telematics for real-time customer event collection and quoting. Similar initiatives are happening in Energy, Healthcare, Manufacturing, and Pharmaceutical verticals. This is the tip of the iceberg. The emerging era of the Internet Of Things (IOT), The Cloud, Big Data and Bring Your Own Device (BYOD) will create an endless set of opportunities for businesses to execute their work processes with much greater speed and efficiency. 

It’s Time To Prepare For Business In A Faster World

However, a major challenge emerges in monitoring this faster world of business. Executing business transaction at higher frequency and lower latency decreases the predictability of business process outcome and increases the risk of operational malfunction. If you can’t monitor the operational performance of IT, then you can’t monitor the operational performance of the business. If you can’t capture the data associated with the business processes then you can’t analyse and optimize the operations of the business. Legacy methods and tools fall short in this faster world. A new approach is used by Corvil. It starts with short-timescale monitoring of wire data. This wire data is transformed and enriched allowing real-time performance analysis of network, application and transaction layers. Operational intelligence correlated with business events, processes and services are extracted and presented for further analysis. We call this Operational Performance Monitoring.

Where We Come From 

Corvil has spent its informative years developing a next generation monitoring platform that can handle the challenging demands of high performance, low-latency, data intensive IT environments often found in businesses migrating critical processes to machine control and execution.  We firstly applied our innovation to the Financial Markets and have worked closely with the electronic trading community since. Corvil has built the leading brand and reputation in the segment and is now trusted to monitor the IT systems that underpin the world’s financial markets. 

The new IT environment that has emerged is characterized by:

  • Explosive data volumes driving a continuous need for higher and more affordable capacity for computing, network bandwidth and storage
  • Very low-latency application performance with a premium afforded to environments that can deliver predictable and consistent latency behavior for transactions and data delivery
  • High-velocity data acquisition, re-structuring, analysis and alerting for every single packet that traverses the trading network with an ability to archive the data for further analysis, reporting and fulfillment of compliance obligations

Corvil products, services and expertise are unique in their ability to handle the performance monitoring and operational intelligence needs of this type of challenging IT environment. We believe that the approach used in electronic trading community is spreading quickly to the modern business enterprise and will eventually serve as the blue-print for IT systems that support high-velocity businesses across all industry verticals.

How We Got Here From There

We founded Corvil on the idea that future networks would need to support a new generation of real-time high velocity applications and services. Assuring the predictable performance of these applications requires a new approach to monitoring and analysis. This led to us developing short-timescale monitoring of network traffic, application-aware network analytics and self-synchronized network latency measurement. As we deployed our latency management solution in production environments there was a strong push by our customers to add vertically integrated analysis of each layer i.e. application analysis, message analysis and transaction analysis in one single platform. Our customers now had the ability to manage latency, events, and total performance for the end-to-end life cycle of transactions and services. As our customers completed their rollouts of new faster IT environments the emphasis started to shift from one of monitoring and assuring speed to one of safeguarding the predictable operations of the IT systems and acquiring the operational intelligence needed to optimize business activity, mitigate risk, and assure compliance. This is what inspired us to develop the Operational Performance Monitoring platform where we added in the ability to identify critical operational impacting events from streaming analysis of the restructured wire data, trigger alerts and actions, and present the correlated enriched data and analytics to external business analysis systems, e.g. risk management.

Who Are Our Customers

Many of the largest global banks, exchanges and service providers in financial markets use and rely on Corvil. These customers use Corvil to monitor their IT systems and acquire the operational intelligence to successfully manage the performance, risk, and compliance of their businesses processes and services. 

Reference customers include:

Global Banks: Morgan Stanley, Credit Suisse, Barclays, Nomura, Commerzbank

Global Exchanges: NASDAQ OMX, NYSE, CME, Deutsche Boerse, Tokyo Stock Exchange

Global Service Providers: IDC, Thomson Reuters, BT, Century Link

Where We Operate

Corvil is headquartered in Dublin Ireland, with offices in New York, London, Tokyo, Singapore and Dublin. 

 

 
 

“Our trading platforms offer our customers the very highest speed, performance and scale. In teaming with Corvil we have selected a trusted partner to provide our market technology customers with full transparency into the latency and performance of our platforms both within the exchange and between the exchange and its participants.”

Ann Neidenbach, Senior Vice President, Global Technology Products and Services
NASDAQ OMX