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CorvilNet for High Frequency Trading

1. Solution Overview

High frequency traders rely on low latency market data and order/execution infrastructure to remain competitive. But as relevant timescales shrink from seconds to milliseconds and microseconds, sources of latency within the infrastructure become increasingly difficult to spot and eliminate using traditional monitoring tools. The absence of high quality performance data from live systems makes it hard for managers to guarantee the low latency trading environment that users demand. And as the equipment cost of staying at the leading-edge escalates, it becomes more difficult to justify expensive blanket upgrades that may - or may not - improve latency.

CorvilNet's pro-active approach to latency management at highly granular timescales provides the visibility and control you need to guarantee low latency performance, while avoiding excessive equipment and operational costs. Appliances deployed at strategic points continuously track the performance of your live systems, verifying that pre-specified service level targets are met, and deploying advanced troubleshooting and optimization capabilities when they are not.

Uniquely, CorvilNet correlates application behaviour either within or between trading sites and interconnected parties, using patented techniques that are lightweight, scalable and secure. These capabilities enable an end-to-end performance view that eliminates the important blind-spots afflicting market participants today.

Example applications of CorvilNet include:

2. Market Data Distribution

Ensure that data is distributed across internal networks and systems with minimal latency, using CorvilNet appliances deployed near inbound feeds and near key market data consumers.

• Track performance both end-to-end and segment-by-segment using precision microsecond latency measurement.
• Identify bottleneck points and upgrade requirements for short timescale traffic loads revealed using microburst detection.
• Monitor market data quality with sequence gap detection at ingress points and throughout the infrastructure.
• Generate complete historical records with built-in latency and performance data using always-on high speed packet capture.

3. Order Execution

Track the performance that orders and execution reports experience across internal networks and to/from the trading venue.

• Monitor end-to-end trading connection performance using specialized "TCP for Trading" analytics and order-entry response-time measurements.
• Review and compare performance across multiple venues and infrastructure segments using CorvilNet's live centralized dashboard and service index.
• Use historical or live measured data to guide strategy development and execution, obtained direct from CorvilNet's packet capture and live XML API features.

4. Co-Location/Proximity Services

Securely monitor latency and loss performance between remote trading sites and co-located systems.

• Gain complete visibility into WAN service provider performance using CorvilNet's uniquely scalable correlation architecture.
• Make informed deployment and co-location decisions based on quantitative latency data.
• Determine bandwidth needs for specified latency and loss objectives using CorvilNet's automated bandwidth sizing capability.