London and New York 2nd July 2012 - Corvil, a provider of latency management systems for global financial markets, today announced the launch of the Corvil Certified Latency Management Engineer (CCLME) program. This program provides formal certification in latency management for electronic trading and is a first in the industry.
The program, designed for professionals who work in the electronic trading industry, will provide education on the best practice techniques for managing latency and performance across trading applications and infrastructure. It was developed by Corvil using its experience in over 100 complex environments covering the buy-side, sell-side, service provider and trading venues.
The program syllabus includes:
Transaction flow, including order lifecycle, multi-hop analysis, fill rate, gateways, SORs, order to tick, and tick to order.
Market data, including microburst analysis, gap detection, A vs. B feed latency, native vs. consolidated feed latency, embedded timestamps.
Network performance, including Service Provider SLA reporting, firewall and switch latency, link sizing.
“The cost and complexity of electronic trading environments has grown rapidly in the last few years, and this has driven demand for skills and expertise in many new technology areas” said Donal O’Sullivan, Vice President of Product Management at Corvil. “With this course, our customers can ensure they use the most appropriate technologies and techniques, use them across multiple business units, and use them in a cost effective manner.”
The first certification programs are scheduled for July and will run continuously thereafter. Applications are now being accepted. Further information is available at www.corvil.com or by contacting your Corvil sales representative.