Thanks for coming to see Corvil at The Intelligent Trading Summit last week. We hope you enjoyed learning from Raymond Russell, CTO and co-founder about Electronic Execution Infrastructure - Best Practices for Optimal Performance. Here’s what Raymond had to say when asked about the past 5 years of change in analytics around latency:
What we see is people being more thoughtful about what latency means to them. They are doing more analytics – integrating a very detailed latency picture with how the business is actually operating. It’s not about being as fast as possible, it’s about being fast for the actions that matter. So, people are doing more sophisticated analysis to understand what different latency profiles mean under different conditions, using the latency data trying to do predictive analytics.
The conference was catered to trading technology executives in capital markets, and there was a lot to discuss with the main focus as “Using High-Performance Technologies to Optimize Trading in the New Regulatory Environment”. Particularly insightful was the session “learning about the challenges and opportunities presented by incoming regulation - the technology response for 2016 was particularly informative”, featuring:
Industry execs came together to discuss the global impact of MiFID II and exploring where it will lead, especially when it comes to timestamping precision and accuracy. One of the panel’s central messages urged audiences to think about MiFID II holistically and also prescriptively. Similar to Corvil’s own perspective, if you’re thinking about data collection, you should be thinking in terms of MiFID!