Corvil reports Credit Suisse implementation

Source: Corvil Ltd

Corvil Ltd, the technology and market leader in latency management systems for trading network infrastructure, today announced a global deployment of its flagship CorvilNet product in Credit Suisse, one of the world's leading banks.

Corvil teamed with BT to deliver a best-in-class solution for automatic and continuous monitoring, analysing and optimising of the Credit Suisse network for low-latency.

In today's electronic trading environments, a latency reduction measured in microseconds can offer a significant competitive advantage. Traditional network instrumentation, analytics, and optimisation technologies are not able to meet the low-latency demands of these environments. CorvilNet is specifically designed to monitor, analyse and optimise the network against ultra low latency objectives, including those on market data feeds.

Kevin Covington, head of strategy propositions and portfolio at BT Global Financial Services, said: "BT GFS is the premier supplier of ultra high speed network infrastructure to capital markets. We have considerable experience helping our customers achieve competitive advantage in the low-latency arms race. We believe it is very important to work with highly innovative companies like Corvil and bring the advantages of their breakthrough technology to our strategic customers."

With traditional approaches, troubleshooting and resolving network latency issues can take from hours to weeks. Meanwhile trading opportunities can be lost. With the CorvilNet Latency Management System, network administrators can proactively specify the latency objectives of the network in terms of meaningful objectives and automatically and continuously monitor the network for compliance against those baselines. If latency violations occur, CorvilNet immediately alarms, performs a "Smart" packet capture for deep forensics, and provides recommendations for network optimisations to re-establish performance in line with expectations. Additionally, with CorvilNet, a network administrator can easily measure the headroom available for market surges, traffic growth, or the impact of new applications on the network.

"We are pleased that Credit Suisse has selected Corvil for latency management nt and optimisation of their network infrastructure," said Donal Byrne, CEO of Corvil. "We look forward to working with the Credit Suisse and BT GFS teams to exploit the benefits of having superior latency information and performance to achieve trading advantage."

The global deployment within the Credit Suisse network covers LAN and WAN facilities in three different continents and represents one of the most comprehensive low latency networking projects in the market to date.

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