Americas Trading Group (ATG) Deploys Corvil for Latency Management of their Execution Platform
RIO DE JANEIRO, Brazil and NEW YORK, October 10, 2011 /PRNewswire/ –
– Corvil Used to Provide Performance and Latency Measurement For ATG’s
Execution Platform and Connectivity services
Corvil, a provider of latency management systems for high performance
trading and market data, today announced that Americas Trading Group (ATG)
is using Corvil’s latency management system to monitor the performance of
its Latin American ultra-low latency execution platform which delivers
seamless access to all major Latin America markets.
ATG offers rapid access to a portfolio of high performance low latency
services connecting investors, broker-dealers and key market places across
Latin America via a single execution platform deployed under the concept of
technology as a service. Customers use Americas Trading Group execution
platform to access a portfolio of high performance and low latency services,
ranging from global market access to locally developed algorithms, market
data, trading screens, monitoring tools, latency and availability reports.
Evandro Campos Chief Technology Officer said, “For us at ATG, it is
essential to measure the latency and performance of our order routing and
market data services in order to ensure a superior experience for our
customers.
“The measurement and monitoring of our core services provides an
integrated overview of our infrastructure and applications that allow us to
quickly identify and remedy any failure or delay. It also gives our
customers a detailed overview, in real time, of how our structure is
performing.”
In choosing CorvilNet ATG have highlighted the Latency Navigator -
tailored business level dashboards that display key metrics and performance
targets of specific interest. These can be metrics as diverse as transaction
latency, market data quality, and network microbursts. The Live API, which
provides ATG with real-time access to all measured data and analytics,
either individual orders or aggregate statistics, and CorvilNet’s
distributed time-synchronization, which enables enterprise scale monitoring
for ATG across both North and Latin America.
Corvil technology measures and reports on hop-by-hop latency for the
full order lifecycle, including gateways, SOR’s and infrastructure. Client
trade performance reporting can be broken down by several fields including
session, client order ID, symbol and venue. This makes it much more
efficient to handle customer queries on trading latency or missed fills,
with quick and flexible access to days, weeks or months of trading records.
“We are delighted that ATG have chosen the CorvilNet solution to
validate the performance of their advanced execution services. The Brazilian
and broader Latin American markets are undergoing a rapid adoption of higher
performance and lower latency technologies to meet the emerging demand of
trading clients. ATG is taking a progressive approach in its plans to
deliver a comprehensive range performance metrics for its services in
real-time and in a fully transparent manner,” said Corvil CEO, Donal Byrne.
ATG
An independent and privately owned company, Americas Trading Group is a
provider of Electronic Trading product and services to the world’s leading
trading organizations including global banks, brokerage houses, hedge-funds,
asset managers, electronic market makers and institutional investors. The
company was founded in 2010, has a focus on Latin America and operates from
its headquarter in Rio de Janeiro and local offices in Sao Paulo, Mexico
City, Santiago and Miami. Customers use Americas Trading Group execution
platform to access a portfolio of high performance and low latency services,
ranging from global market access to locally developed algorithms, market
data, trading screens, monitoring tools, latency and availability reports.
In addition, Americas Trading Group offers managed solutions, expert
consultancy and hosting services in a co-location facility. For additional
information visit: http://www.americastg.com
Corvil
Corvil is a provider of Unified Latency Management systems to the
world’s leading trading organizations including global banks, exchanges,
electronic market makers and service providers to financial markets. The
company was founded in 2000 and operates from New York, London, Singapore
and Dublin. Customers use Corvil for precision monitoring, troubleshooting
and reporting of performance for their trading applications and networks. In
addition, Corvil’s products are used to demonstrate latency compliance and
transparency of services such as co-location, direct feeds and Direct Market
Access (DMA) offered to trading clients. For more information on Corvil,
please visit http://www.corvil.com
SOURCE Corvil
