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Features

Financial Applications Decoder and Analysis software package

CorvilNet’s Financial Applications Decoder and Analysis software package contains real-time decoders for native trading protocols and market data feeds across most major markets. The package also includes decoders for middleware protocols and multiple versions/variants of FIX. This package is regularly enhanced by Corvil with new decoders and decoder updates which can be installed independent of product software releases.

The deployment of the Financial Applications Decoder and Analysis package on the CorvilNet platform enables end-to-end, hop-by-hop trade order execution and market data latency measurements including protocol transformations. These decoders leverage CorvilNet’s time synchronization functionality and scalable architecture to support application latency correlation even in distributed or multi-site deployments.

Many of the trading protocol decoders also include analysis functionality such as order state tracking and fill rate reporting. For example, an order and all its related messages including modifies, partial fills, cancels, etc. are tracked in an order flow decoder. The CorvilNet product leverages this functionality to report fill rate for a given set of orders and show all messages associated with an order with corresponding nanosecond timestamps.

Customers can also add their own decoders to the CorvilNet platform using the CorvilNet Software Development Kit. The CorvilNet SDK enables users to develop and enhance trading, middleware, and market data application decoders for extending the latency and trade performance analysis functionality of CorvilNet. This includes the development and test of proprietary application decoders that can be installed on CorvilNet appliances to provide full embedded decode and analysis capability for customized environments.

Please see the CorvilNet SDK datasheet for further details

Request the CorvilNet SDK datasheet

• CorvilNet SDK Datasheet