Americas Trading Group (ATG) Deploys Corvil for Latency Management of Their Execution Platform

By Corvil, PRNE
Sunday, October 9, 2011

RIO DE JANEIRO and NEW YORK, October 10, 2011 -

- Corvil Used to Provide Performance and Latency Measurement For ATG’s Execution Platform and Connectivity services

Corvil, a provider of latency management systems for high performance trading and market data, today announced that Americas Trading Group (ATG) is using Corvil’s latency management system to monitor the performance of its Latin American ultra-low latency execution platform which delivers seamless access to all major Latin America markets.

ATG offers rapid access to a portfolio of high performance low latency services connecting investors, broker-dealers and key market places across Latin America via a single execution platform deployed under the concept of technology as a service. Customers use Americas Trading Group execution platform to access a portfolio of high performance and low latency services, ranging from global market access to locally developed algorithms, market data, trading screens, monitoring tools, latency and availability reports.

Evandro Campos Chief Technology Officer said, “For us at ATG, it is essential to measure the latency and performance of our order routing and market data services in order to ensure a superior experience for our customers.

The measurement and monitoring of our core services provides an integrated overview of our infrastructure and applications that allow us to quickly identify and remedy any failure or delay. It also gives our customers a detailed overview, in real time, of how our structure is performing.”

In choosing CorvilNet ATG have highlighted the Latency Navigator - tailored business level dashboards that display key metrics and performance targets of specific interest. These can be metrics as diverse as transaction latency, market data quality, and network microbursts. The Live API, which provides ATG with real-time access to all measured data and analytics, either individual orders or aggregate statistics, and CorvilNet’s distributed time-synchronization, which enables enterprise scale monitoring for ATG across both North and Latin America.

Corvil technology measures and reports on hop-by-hop latency for the full order lifecycle, including gateways, SOR’s and infrastructure. Client trade performance reporting can be broken down by several fields including session, client order ID, symbol and venue. This makes it much more efficient to handle customer queries on trading latency or missed fills, with quick and flexible access to days, weeks or months of trading records.

“We are delighted that ATG have chosen the CorvilNet solution to validate the performance of their advanced execution services. The Brazilian and broader Latin American markets are undergoing a rapid adoption of higher performance and lower latency technologies to meet the emerging demand of trading clients. ATG is taking a progressive approach in its plans to deliver a comprehensive range performance metrics for its services in real-time and in a fully transparent manner,” said Corvil CEO, Donal Byrne.

ATG

An independent and privately owned company, Americas Trading Group is a provider of Electronic Trading product and services to the world’s leading trading organizations including global banks, brokerage houses, hedge-funds, asset managers, electronic market makers and institutional investors. The company was founded in 2010, has a focus on Latin America and operates from its headquarter in Rio de Janeiro and local offices in Sao Paulo, Mexico City, Santiago and Miami. Customers use Americas Trading Group execution platform to access a portfolio of high performance and low latency services, ranging from global market access to locally developed algorithms, market data, trading screens, monitoring tools, latency and availability reports. In addition, Americas Trading Group offers managed solutions, expert consultancy and hosting services in a co-location facility. For additional information visit: www.americastg.com

Corvil

Corvil is a provider of Unified Latency Management systems to the world’s leading trading organizations including global banks, exchanges, electronic market makers and service providers to financial markets. The company was founded in 2000 and operates from New York, London, Singapore and Dublin. Customers use Corvil for precision monitoring, troubleshooting and reporting of performance for their trading applications and networks. In addition, Corvil’s products are used to demonstrate latency compliance and transparency of services such as co-location, direct feeds and Direct Market Access (DMA) offered to trading clients. For more information on Corvil, please visit www.corvil.com

 

CONTACT: Collette Bird, E-mail: collette.bird at corvil.com , T: +353-1-859-1040 ; Evandro Campos, E-mail: evec at americastg.com , T : +55-21-2197-5300.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :