Corvil Launches New Monitoring Solution for Asian FX Market

Trading systems monitoring and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term leader Corvil today announced the availability of a monitoring solution aimed at the FX and Equities markets in Asia. The solution comprises a new low-cost 1U appliance and a decoder library for all major trading and market data protocols used in FX trading in Asia. This solution includes Corvil's unique automatic time synchronisation protocol, and is specifically tailored to meet the needs of the geographically dispersed Asian market. This Asian solution is available with the Latency Navigator real time reporting and can be combined with new releases such as Trade Lens – the business level visibility tool.

Corvil continues to invest strongly in its Asia presence with offices in Singapore and Tokyo opened following on from signing deals with the Tokyo and Singapore Stock Exchanges. “This special solution has been driven by the unique requirements of our clients in Asia” said Peter O’Connor VP Sales Asia, “This new offering for the Asian market shows Corvil’s commitment to the region. Corvil is adapting to the changing landscape, providing greater visibility into network performance on the LAN and WAN and across our customers’ critical trading systems for market data and order flow. With this new solution and other Corvil product offerings we can provide both a cost-effective and comprehensive trade monitoring solution for organisations involved in FX trading in the Asian market.”

Corvil is collaborating with BT to deepen its presence and offer broader solutions to clients operating in key financial market hubs in Asia such as Sydney, Hong Kong, Singapore, Tokyo, Seoul and also across the rest of the world.

Jerry Hubbard, managing director, BT Radianz services, BT said: “Our clients are looking for new ways to remove operational risk from their trading systems. The addition of Corvil’s solutions to our BT Radianz services offers clients greater insight into latency and network performance Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term that can impact their trading quality. This is another example of how BT is continually enhancing our portfolio of services available to help our customers meet the challenges of the changing financial technology landscape.”