19 October 2017
visit www.avoka.com

TSE to offer latency performance measurement via CorvilClear

25 February 2014  |  925 views  |  0 Source: Tokyo Stock Exchange

Corvil, a provider of Operational Performance Monitoring to the world's leading financial institutions and enterprises, has announced that the Tokyo Stock Exchange ("TSE") will begin offering CorvilClear latency performance management as-a-service to users of its arrownet network.

Through the new service, trading parties on arrownet will have deeper insight into the quality of trade and market data communications between the TSE and their own systems.

CorvilClear is a solution that delivers visibility into the latency and order-to-execution processing performance of electronic trades and market data across interconnected parties in the trading network. With CorvilClear at its core, the new latency performance management service will be offered by the TSE through a menu within arrownet. The service will enhance the efficiency of network operations and increase the transparency of the TSE trading marketplace for users.

Since 2012, the TSE has been utilizing Corvil for latency performance management of its arrowhead and Tdex+ trading systems as well as arrownet, which connects these systems to market participants. Through Corvil, the exchange has benefited from enhanced performance management of its order processing and market data distribution.

"Supplying a latency measurement and performance management service that uses industry leader CorvilClear allows us to add value to our network infrastructure and thereby to enhance market user-friendliness, as well as responding to the latency management needs of our market participants. We will continue to strive to build a highly reliable and efficient market infrastructure in order to achieve our aim of becoming the most preferred exchange in Asia," said Yoshinori Suzuki, Managing Director and Chief Information Officer of the TSE.

"We are extremely honoured to be able to supply CorvilClear to the Tokyo Stock Exchange. We will redouble our efforts to expand the Tokyo Stock Exchange's continuous IT infrastructure and to enhance its presence in Asia," added Donal Byrne, CEO of Corvil Ltd.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nl visit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15640 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8806 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7904 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7044 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6177 views comments | 6 tweets | 3 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job