Exchange deploys Corvil Technology to monitor network performance

DUBLIN, IRELAND – November 27, 2007 – Corvil Ltd, a leading provider of next-generation network performance solutions, today announced that Deutsche Börse Systems has deployed the latest Corvil 4.0 technology to ensure the success of Deutsche Börse Group’s new Eurex market data service to be launched this month.  Eurex is Europe’s leading derivatives exchange. The significant growth in order and quote volumes requires a low latency network that ensures swift data dissemination.

Along with the trend to algorithmic trading, network performance is one of the top priorities.  Ahead of the launch of its Eurex market data service, Deutsche Börse required an advanced monitoring solution, which allows microvisibility of the network for the launch of the new Eurex platform. During its review, Deutsche Börse Systems considered several approaches and trialled the latest Corvil 4.0 technology. After the trial was complete it opted to implement the technology world-wide.

“Eurex’s new market data dissemination is a crucial service that is going to significantly enhance our support to algorithmic trading. In a highly competitive landscape where time equals money, even the slightest delay on the network can make the difference for our customers between making a trade or not. With Corvil 4.0 we are now able to monitor our worldwide network on a sub-millisecond basis,” said Christian Leis, Head of Networks.

Corvil Technology provides the required visibility into the network by monitoring all traffic with an accuracy of 200 microseconds. With Corvil technology Deutsche Börse is now able to perform end-to-end latency analysis from its data centres in Frankfurt to their key access points across the globe.

“Algorithmic trading has really upped the stakes for network performance in financial services. Operating in an industry where latency has the potential to seriously impact operations, Deutsche Börse has to be confident that their network infrastructure can meet the demands of the modern trading environment,” said Donal Byrne, CEO, Corvil Ltd. “CorvilNet will provide Deutsche Börse with the granular level of insight required to ensure that it is controlling latency and loss through the appropriate provisioning of bandwidth and quality of service technologies.”


Press contact:
Sophie Jarvis
Rainier PR
+ 44 (0) 20 7494 6598
sjarvis@rainierpr.co.uk

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About Corvil
Corvil was founded in April 2000 on the back of a fundamental breakthrough in the management of service quality and bandwidth for IP networks. Since 2000, Corvil has worked with leading enterprises, service providers and network equipment vendors to develop a new generation technology that monitors and manages IP packet networks such that specified service quality objectives can be measured, and delivered reliably for modern day applications.

Headquartered in Dublin, Ireland, the company’s investors include Apax Partners, Cisco Systems and ACT Venture Capital.

Additional information on Corvil is available from the company web site at www.corvil.com.


About Deutsche Börse Group
Deutsche Börse Group is a leading service provider to the global securities industry with products and services for issuers, investors, intermediaries and data vendors. The Group covers the entire securities process chain from trading over clearing all the way to settlement and custody. Deutsche Börse Group is also a provider of IT solutions and an insourcing partner for the global securities industry as well as a leading provider of market data and analytics.

Deutsche Börse Systems is a subsidiary of Deutsche Börse AG. It maintains the world’s largest exchange network and builds, maintains and operates all of Deutsche Börse Group’s trading, clearing and settlement systems including Xetra and Eurex. With its high performance network, the Group connects some 2,000 market participants worldwide.