Pico, a technological services supplier to the financial markets community, has expanded their Corvil Analytics’ visibility and reach into the cloud with the introduction of Corvil Cloud Analytics.
The financial services industry has used Pico’s Corvil Analytics for more than 20 years to extract and correlate technology and transaction performance insight from international dynamic network settings. Corvil’s high throughput, lossless, finely time-stamped data collection would offer a rich data source that may be leveraged for more general analytics and use cases, such as trading analytics.
These same characteristics are now available in the cloud with Corvil Cloud Analytics. Corvil is accessible across a variety of contexts, including colocation and on-premise.
“As companies look to move real-time applications to the cloud, they struggle with visibility when utilizing existing cloud monitoring solutions,” said Stacie Swanstrom, Chief Product Officer at Pico. “There is a need for deeper visibility to fill those voids, and Corvil Cloud Analytics is the solution, providing market-leading analytics for applications running in the cloud. Corvil Cloud Analytics provides our clients with the real-time analytics required to migrate their most critical workloads to the cloud, with confidence.”
Moving Trading to the Cloud
Highlights of Corvil Cloud Analytics would include the following:
- Maximum Visibility – Measures each order, each tick of the market data, and each packet in order to close the visibility gap and control real-time performance in public cloud systems
- Granular Instrumentation – Offers per-packet and per-application message analytics in addition to Corvil’s AppAgent to measure the performance of internal applications
- Corvil Analytics – Offers all Corvil Analytics features, such as network congestion analytics for public cloud infrastructure and per-hop trading and market data analytics for cloud-hosted installations
- Flexibility – Pay on-demand and only what is required while using the public cloud
The biggest banks, exchanges, electronic market makers, quantitative hedge funds, data service providers, and brokers in the world presently utilize Corvil Analytics. As exchanges collaborate with the main cloud providers to move trading to the cloud with the introduction of Corvil Cloud Analytics, Corvil is now able to offer a unified interface for monitoring colocation, on-premise, and cloud settings.
“We had the vision to provide clients the same technology, visibility and rich analytics they’ve come to rely on through Corvil,” added Stacie Swanstrom. “Since Corvil Cloud Analytics is software only, this accelerates our deployments and also provides an expedited avenue for proof-of-concept use cases. It’s now easier than ever for clients to access the platform so they can see firsthand what makes Corvil an industry leader in data analytics.”
Corvil Cloud Analytics would provide the highly granular, real-time Corvil visibility required to understand the cause of variable performance that continues to impact real-time applications running in the public cloud. There are no wait periods, delivery issues, or hardware CapEx expenditures with cloud applications, stated Pico. Corvil Cloud Analytics would be simple to implement and scale, while it can be operational in hours as opposed to weeks.
