Corvil Now Connects to kdb+ for its Comprehensive Data Insights Product for Financial Markets

Users Can Now Gain Business Insights from the Richest Source of Real-Time Data via the World’s Most Powerful Database

Dublin – 13 November 2014 - Corvil, a leading provider of real-time operational intelligence from network data, today announced that its network data analytics platform now is available with a full connection to kdb+, a high-performance database available from Palo Alto, California-based Kx Systems.

This enhancement allows Corvil’s rich, real-time insights from network data to be stored in kdb+’s powerful and flexible database. Taking advantage of kdb+’s speedy search and analytics capabilities, Corvil can now provide further insight into network and application performance over longer historical time periods. Corvil’s extensive monitoring and analytics capabilities and kdb+’s prolific storage and easy access combine to create a new, detailed, easily searchable resource of historical network data for the most demanding financial markets.

Today, it is operationally essential that IT departments have a system that allows fast access to years and terabytes of historical data. Corvil already has the ability to record data as it monitors it in real-time, but the connection with kdb+ gives Corvil a world-class storage solution for its world-class analytics.

“Financial markets are always seeking more and more powerful insights drawing on the huge amount of data they have access to,” said Janet Lustgarten, CEO of Kx Systems. “By using kdb+ in its platform, Corvil customers can now take advantage of the speed and power of kdb+ for capturing streaming, real-time and historical data.”

This exciting connection now makes it possible to offload the data collection function from servers in the critical path. Typically, log files containing details of each trade or server installed agents would provide kdb+ with the raw data. By using Corvil, server-based collection can be turned off, thus removing a processing overhead and management burden. Instead, data is collected directly from the wire, recorded with high fidelity hardware timestamps and fully analyzed in real-time. Corvil also takes care of different wire protocols and data structures, forwarding a normalized and enriched stream of metrics into kdb+ for storage and further analysis.

“We’re seeing a very interesting pattern of historical data from the wire becoming a strategic resource for some of the world’s biggest and most integral businesses,” said Donal Byrne, CEO of Corvil. “kdb+ has been the financial world’s foremost database software, and alongside Corvil as the most complete, trusted source of network data analytics, this connection will allow users to examine years worth of detailed network data to garner incredible business insights.”

“Kx has one of the fastest databases on the block, making it suitable for real-time analytics as well as the analysis of historic data,” said Jason Stamper, Analyst, 451 Research. “Corvil’s new network data analytics connector for kdb+ should be well received among the two companies’ household name customer base in the Financial Markets vertical.”

About Kx

Kx is a leading innovator in high-performance database computing. Its time-series database, kdb+, with a built-in expressive query and programming language, q, is widely adopted by financial institutions around the globe, and increasingly being used for Big Data and Internet of Things applications by utilities and in the pharmaceutical industry. Used as a central repository to store time-series data within an enterprise, kdb+ supports real-time, streaming and historical analysis of billions of records. Based in Palo Alto, California, the company's focus is on delivering the best performance and flexibility for high-volume, data intensive applications and analytics.

About Corvil

Corvil is the leader in performance monitoring and analytics for electronic financial markets. The world’s financial markets companies turn to Corvil analytics for the unique visibility and intelligence we provide to assure the speed, transparency, and compliance of their businesses globally. Corvil watches over and assures the outcome of electronic transactions with a value in excess of $1 trillion, every day.

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