Assure Data Quality and Performance for Improved Trading Effectiveness
Data feeds delivering stale or incomplete market ticks or financial news directly impact trading success, resulting in lower fill and hit rates and increased exposure for the business.
Corvil continuously monitors your direct and consolidated data feeds in real-time, tracking performance across ticker plants, middleware and messaging layers. Engineered to handle peak data rates across all markets, Corvil allows you to right-size your infrastructure to handle the most demanding and dynamic market conditions and assure high quality price discovery.
Corvil’s patented technologies measure the per-packet latency of data feeds between sites. It also relates latency performance to microburst activity, identifying if issues are due to the service provider or traffic congestion.
Measure the relative arrival times and latency profiles of resilient data feeds to the same location, or between locations, such as Proximity and co-location.
It’s difficult to know if you’re really getting the feeds and bandwidth you’re paying for. Corvil validates which data feeds are being delivered and whether the feeds’ bandwidth usage and performance aligns with your service level agreements.
It’s important to understand venue performance, to help resolve client queries fast but also to ensure the infrastructure is scaled appropriately.
MiFID II demands order records be stored for a minimum of 5 years, and RTS-25 stipulates accurate time-stamps are recorded with traceability to UTC. How do you do that?
Are the clients or desks with the highest data rates also the ones who generate the highest revenue? Corvil provides the numbers.
Corvil is the only tool that exists to track orders, alert on Market Data gaps, alert on WAN link microbursts, diagnose who’s consuming our WAN links and… generate weekly reports on all the above. In short, Corvil makes me look like a god. (I would recommend it more, but I’m afraid everyone would then know my secrets).
Recorded with UTC synchronized, nanosecond time-stamps, Corvil provides a highly granular and actionable audit trail of all activity, accurately time sequenced to understand cause and effect.
See data feed latency in true real-time with flexible and intuitive dashboards. Explore and interact with the data. Quickly drill into events to investigate root cause, or select longer time periods to spot trends, performance patterns & anomalies.
Corvil’s correlation engine reports the per-message latency across each infrastructure hop. It takes care of multiple protocols and messaging changes that occur across devices such as gateways and feed handlers.
Using microvisibility rather than average measurements, Corvil provides a detailed understanding of transient and dynamic loads, enabling infrastructure components to be correctly scaled to meet data feed performance requirements.
Corvil’s multi-hop analysis tracks transactions across network and application hops, to execution venues and back again. It provides an intuitive and graphical representation of the latency over the entire journey.
Analyzing transactions in real-time reveals performance anomalies as they happen. When latency spikes occur, Corvil immediately notifies operations teams and provides the crucial data to understand and resolve the event.