Corvil provides microsecond machine-time visibility and real-time analysis of both order transaction and market data processes capable of handling the most demanding market making environments. The latency of every order sent and every tick received can be measured and analyzed through every infrastructure hop. All messages involved are captured, analyzed, recorded and can be streamed to external BI and data warehousing systems for further forensics and reporting.
The Corvil solution can be used both for production and lab testing. It is critical for market makers to develop highly optimized algorithms for price analysis and quoting. Corvil can be used to measure, test and assure the quality of this software in advance for production deployment. Once deployed, Corvil assures the performance goals of the business and mitigates risk of outage and service degradation. Corvil can be used to collect a precision machine-time data record of all transactions and maintains a forensic audit-trail record of all messages involved in a transaction as required by new regulations like MiFID II.