SevOne, Terilogy and TS-Associates partner to provide HFT monitoring

Source: TS-Associates

SevOne, the new leader in network performance management, today announced it has joined forces with TS-Associates and Terilogy to bring advanced monitoring capabilities that span the trading floor and corporate network management systems.

The integration of the SevOne network performance management and TS-Associates Precision Instrumentation® solutions supports the rapid growth of high frequency and algorithmic trading across the financial markets in New York, London, Tokyo and Hong Kong which has been placing new demands on IT operations teams to provide and ensure the extreme levels of technical and business performance that is required.

An integration of best-of-breed products from TS-Associates and SevOne means information technology operations teams and business managers can now have complete and immediate visibility of the performance of their high frequency trading (HFT) environments using the same reporting consoles and workflows used to manage their network and servers. The solution is easy to deploy offering fast time to results, a small solution footprint and low cost of ownership.

SevOne can now be configured to connect to one or more TipOff® appliances to gather and monitor summary latency metrics on transaction flows. This allows users to monitor critical HFT performance indicators such as hop latency, build baselines of normal utilization levels, and proactively monitor and raise alerts when utilization deviates from historical norms. Once alerted, a user can quickly troubleshoot the network and trading infrastructure.

A single multi-hop flow may comprise several different middleware stacks or protocols. TS-Associates' TipOff supports flows that undergo transformations through order aggregation, trading engines and execution venues.

Nobuo Miyamura, COO of Terilogy says, "We believe this jointly developed solution empowers our customers with unprecedented visibility into the health of trading specific applications and supporting infrastructures in a consolidated real time monitoring system. We are certain it will also provide them with a competitive edge in the market. A proof of concept of this solution is available at our Center of Excellence lab."

Henry Young, C CEO of TS-Associates says, "Up to now managing the performance and availability of low latency environments has been addressed using a variety of individual tools implemented and operated independently. Firms can now free up resources previously dedicated to these tools. Our aim is to integrate the esoteric island of latency instrumentation back into the mainstream of enterprise performance management."

"SevOne offers a high frequency polling capability that many of our financial services customers already use today," stated Vess Bakalov, CTO, SevOne. "Terilogy's establishment of a CoE is very important to us since every major investment bank has requirements for providing complete visibility and service assurance for their HFT environments. We are now able to integrate with TS-Associates low-latency probes, to provide "complete visibility" of the performance of their HFT environments using the same reporting consoles and workflows used to manage their network and servers."

SevOne, TS-Associates, and Terilogy will introduce the ability to deliver comprehensive solutions based on "Best of Breed" performance monitoring in ultra low latency environments at a private seminar on Sept 5th preceding the Trading Architecture Asia 2011 conference in Hong Kong. Terilogy COO Nobuo Miyamura, TS-Associates CEO Henry Young, and SevOne CTO Vess Bakalov, will present a comprehensive solution based on "Best of Breed" performance monitoring in ultra low latency environments.

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