The Colombian Securities Exchange Implement Corvil to Assure the Performance and Integrity of its Trading Platform

DUBLIN, July 1, 2014 /PRNewswire/ --

Corvil, a provider of real-time operational performance analytics and monitoring solutions, today announced that the Colombian Securities Exchange (BVC) has deployed Corvil for total monitoring of its trading systems. The solution provides a real-time view of the business and infrastructure to support client relationship management, network and application operations and troubleshooting. Corvil provides rich views of the order flow originating from affiliates and customers, and tracks latency to and from the regional exchange, the Mercado Integrado Latinoamericano (MILA).

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"Platform stability and availability are an absolute must for traders seeking to execute sophisticated trading strategies. Corvil's solution provides us with highly granular real-time data that allows us to proactively monitor our trading environment, without impacting on system performance. In addition, analytics such as order life cycle tracking enable us to prove that we are meeting client SLAs," said Jitendra Puri, CIO, The Colombian Securities Exchange.

The Colombian Securities Exchange use Corvil to simultaneously monitor all aspects of their web-services delivered trading system from the network level up. Measurements are provided for order flow, critical infrastructure such as order gateways, and network activity such as microbursts and congestion. Real-time alerts highlight trading anomalies and transaction bottlenecks, which can be quickly resolved to ensure high-speed order response times and reliability.

Donal Byrne, Corvil CEO said, "The importance of monitoring has evolved beyond measuring latency. Next generation systems must provide business level information on erroneous market activity alongside metrics showing the integrity of systems. We are delighted that the Colombian Securities Exchange is using Corvil technology to provide next-generation monitoring of its market center."  

About Corvil

Corvil provides real-time operational performance analytics solutions. The Corvil platform extracts real-time operational intelligence from network data and uses this intelligence to analyze the performance of IT applications and services, detect and alert on events in real-time and export enriched data for business intelligence and risk management analysis. Customers use Corvil to optimize and safeguard the operational performance of their business processes and services. The Corvil platform uniquely handles the demands of high-performance, low-latency and data intensive IT environments. The company operates from New York, London, Singapore, Tokyo and Dublin. For more information on Corvil please visit http://www.corvil.com

PR Contact:

Van Diamandakis

[email protected]

SOURCE Corvil

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