Handelsbanken Teams With Corvil to Manage Bandwidth and Optimize Trading Floor Performance

By Corvil, PRNE
Sunday, May 22, 2011

LONDON and NEW YORK, May 23, 2011 -

- CorvilNet Solution Deployed to Optimize Network and Trading
Infrastructure for High Availability

Corvil, a provider of latency management systems for high
performance trading and market data, today announced that Handelsbanken, one
of Sweden's leading banks, is using Corvil's latency management solution for
proactive monitoring and rapid troubleshooting of the Handelsbanken network
and trading infrastructure. Corvil is used to proactively manage bandwidth
usage to minimize trading floor errors.

Handelsbanken has been using Corvil technology in its network
infrastructure to monitor bandwidth utilization in microseconds for its
trading floor. Handelsbanken highlighted the microvisibility they have gained
into their network with the deployment. The CorvilNet platform provides a
very granular view of bandwidth utilization and traffic bursting, along with
event analysis and flexible reporting, enabling the immediate identification
of the root-cause of latency in their network infrastructure.

"With the CorvilNet solution we have gained tremendous insight
into network performance. The microsecond visibility of bandwidth utilization
means that we now know exactly how our network is performing in real time,
even at market peaks. The granular level of analysis and reporting has
brought a significant benefit to the business by reducing the time it takes
us to handle errors for our trading floor," said Peter Hoglund Manager at
Handelsbanken.

At the core of the Handelsbanken network are 10 Gbps Corvil
appliances monitoring key application traffic. Corvil monitors internal
traffic flows as well as traffic out to key venues in Scandinavia and further
afield. Corvil's unified approach to latency management enables the analysis
of order response latency along with the comparable TCP network latencies.

"Financial institutions manage large volumes of high-value
transactions that require best in class technology and performance. The
network plays a critical role in this environment. CorvilNet enables
Handelsbanken to specify thresholds against microburst activity, latency, and
loss, when these thresholds are breached detailed analytics allow them to
examine in full the events that caused the performance degradation. This
significantly reduces the time spent identifying and resolving network
performance issues. We are delighted that our CorvilNet solution is being
used to provide this capability," said Corvil CEO, Donal Byrne.

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 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, Phone: +353-1-859-1040

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