Pico, a provider of technology, data and analytic services for the financial markets community, has enhanced its Corvil Analytics offering for electronic financial markets with the launch of a new flagship appliance, the Corvil 10000.
In today’s competitive, complex and evolving trading environment, Pico believes that maintaining performant trading infrastructure and robust monitoring systems for network transparency and data insights is paramount. The exponential increase in trading and data volumes, particularly since the onset of the Covid-19 pandemic, has accelerated this need for higher capacity infrastructure with up to four times faster initial uptake for 100Gbps deployments when compared to the previous transition to 40Gbps infrastructure. A new generation of high-performance analytics and data capture is required as the uptake of 100Gbps ethernet increases.
The Corvil 10000 establishes a new high bar for sustained throughput, with Corvil’s real-time accuracy and granularity hallmarks, to support the ever-increasing trading and data volumes in financial markets.
Highlights include:
• Sustained 100Gbps capture of packets for a forensic record of all network activity with real-time indexing to enable search, filter and export of the packets of interest, on a single 2U unit
• Accurate record including native hardware timestamping and support for third party timestamping by the leading packet brokers, also sustained at 100Gbps
• Network Analytics for 100 per cent of packets and flows – this includes TCP analytics for all flows with no topping and gap detection for more than 400 feeds
• Publishing of all flow analytics in real-time into third party data repositories (e.g. ElasticSearch) with support for up to 8 million active flows
• Multiple storage configurations ranging from 92TB – 660TB are available offering capacity and price flexibility
Corvil Analytics is used by the world’s largest banks, exchanges, electronic market makers, quantitative hedge funds, data service providers and brokers and has a twenty plus year legacy in extracting and correlating technology and transaction performance intelligence from dynamic network environments. The Corvil 10000 continues this legacy delivering the ability to capture data at high speeds and high volumes while providing analytics and visibility to support the continuity of trading technology performance, execution and trading performance as well as quick and accurate responses to regulatory inquiries.
“The Corvil 10000 appliance marks a significant evolution that equips clients with the analytics throughput to take on current and future traffic rates. In context, this unit can capture the entire US equities market, and US futures market, including OPRA A and B feeds for gap detection on one single appliance,” says Roland Hamann, Chief Technology Officer & Head of APAC at Pico. “The 10000 is the fastest selling Corvil product we have ever launched, reflecting the need for insight-powered performance as 100Gbps network adoption continues at a rapid pace.”
