The Corvil solution will also be deployed within SGX’s colocation infrastructure to manage latency between SGX members and the Reach trading platform.
CorvilNet solution will be used for both internal latency monitoring of the Reach trading platform and network, including the new SGX co-location facility.
The full end to end trading path from order entry through to trade update in the market data feed will be monitored continuously with microsecond precision.
CorvilNet solution is capable of monitoring in real-time the latency for all order entry transactions, market data feeds, and the network simultaneously in one platform. It enables immediate visibility and root-cause analysis of latency issues and removes ambiguity where it is challenging to pinpoint if the problem is at the application layer or the network layer.
SGX chief information officer Bob Caisley said that the goal is to achieve both ultra-low latency and very high throughput. By deploying the CorvilNet solution it enables SGX to assure and demonstrate achievement of these objectives to the market participants.
Corvil is a provider of Unified Latency Management systems to the organizations including global banks, exchanges, electronic market makers and services providers to financial markets.