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Corvil deployment monitors Application and Network performance for market data feeds and trading sessions
DUBLIN, May 8, 2014 /PRNewswire/ --
Corvil, a provider of real-time operational performance analytics and monitoring solutions, today announced that RSJ a.s. (RSJ), one of the world's largest algorithmic traders, has deployed Corvil to optimize the performance of its trading systems for NYSE Liffe, the Chicago Mercantile Exchange (CME) and Eurex.
Based in the Czech Republic, RSJ is the largest traders on NYSE Liffe, the CME and the Eurex, with a total yearly trading volume of over 200 million contracts. RSJ employs proprietary mathematical algorithms with servers hosted at each exchange, interconnected in a unique world-wide network with a sub-millisecond decision-making framework.
RSJ uses Corvil to analyze activity and performance both within its trading network and across external trading venues. The Corvil deployment non-intrusively monitors market data and trading traffic at each point-of-entry and point-of-exit in RSJ's network. From this data Corvil extracts, decodes and analyzes IT operational performance and health for market data feeds, trading sessions, algorithmic servers and network connections. The system provides complete and accurate records of trading activity and alerts on any detected anomalous conditions at the network or application levels. This comprehensive view of operational performance allows RSJ to focus on continuing to improve the efficacy of its algorithmic strategies and maintaining its market leading position.
"Corvil's application and network analytics solution provides the logical next step in the maturation of RSJ's trading process," said Michal Sanak, CIO of RSJ. "With Corvil, we're able to actively identify and address any issues at an individual server or feed level, giving us a complete view of our trading activity and performance. This enables us to pinpoint areas that we can strengthen in order to provide the best possible trading environment."
"RSJ is recognized as one of the most innovative proprietary trading shops in the market," said Donal Byrne, CEO of Corvil. "Our application and network analytics solution allows RSJ to measure the efficacy of their platforms with complete transparency into latency, venues and pricing, which allows them to focus on their core strategies."
Corvil provides real-time operational performance analytics and monitoring solutions. The Corvil platform extracts operational intelligence from network data and uses this intelligence to analyze the performance of IT applications and services, detect and alert on events in real-time and export enriched data for business intelligence and risk management analysis. Customers use Corvil to optimize and safeguard the operational performance of their business processes and services. The Corvil platform uniquely handles the demands of high-performance, low-latency and data intensive IT environments. For more information, visit http://www.corvil.com
RSJ a.s. is a fully-licensed securities trader, headquartered in Prague, concentrating on asset management. In this capacity, RSJ mainly trades in financial derivatives. Since 2002 it has been using algorithmic trading technology, pursuing mostly market making strategies providing liquidity to the markets. RSJ has been named a designated market maker at the London derivatives exchange NYSE Liffe, with obligations to provide market making services almost the whole trading day. This function is also fulfilled at CME, Chicago. Additionally, RSJ is a member of and important trader on the Frankfurt-based derivatives exchange Eurex. For more information, visit http://www.rsj.com.
Van Diamandakis, CMO, Corvil - firstname.lastname@example.org
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