Whitepaper Inter-Party Latency Management
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WHITEPAPER I n ter - P art y L ate n c y M a n a g eme n t Contents 1. Who’s Responsible for Latency? 4 2. Inter-Party Latency Management 5 3. Secure, Scaleable Latency Measurement 5 4. Cross-Party SLA Verification 6 5. Collaborative Trouble-Shooting 7 6. CorvilClear™ – A Solution for Inter-Party Latency Management 9 7.
WHITEPAPER I n ter - P art y L ate n c y M a n a g eme n t 1. W ho’s Responsible for Latency? This situation leads to nervousness, and sometimes to finger-pointing. In recent polls by low-latency.com, 55% of respondents felt that No single party controls the full end-to-end their market data providers should do more to path for electronic trading or market data reduce latency, and 87.5% felt that market delivery.
WHITEPAPER I n ter - P art y L ate n c y M a n a g eme n t different platforms to be compared. They are rarely viewed as impartial, and they do 3. S ecure, Scaleable Latency Measurement not reflect the full end-to-end latency that traders experience. Measuring latency for messages travelling between two parties involves generating 2.
WHITEPAPER I n ter - P art y L ate n c y M a n a g eme n t Figure 2 Our IPLM solution lets partners define and verify Corvil's inter-party latency management solution comprehensive SLA targets for every packet or operates as a stand-alone system attached to each party’s network, providing secure exchange of latency message travelling across each segment of the information over a lightweight protocol that runs trading infrastructure. For example, two trading alongside existing applications.
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WHITEPAPER I n ter - P art y L ate n c y M a n a g eme n t To help users exploit this opportunity for faster trouble-shooting, we’ve included a Figure 4 Deploying CorvilClear™. Traders can take the initiative themselves by installing CorvilNet™ appliances at co- range of data capture and analysis functions location points (Option 1). Market service providers can in our IPLM solution.
WHITEPAPER I n ter - P art y L ate n c y M a n a g eme n t captured data in detail using our built-in event drilldown GUI, or they can filter and export the data in truncated or encrypted form, for use 6. CorvilClear™ – A Solution for Inter-Party Latency Management with other tools.
WHITEPAPER I n ter - P art y L ate n c y M a n a g eme n t 7. I sn’t it time you were able to look outside your own 4 walls? Now you can! This newfound transparency leads to higher confidence, lower risk and better control of costs. Already, traders are finding creative ways to exploit the latency information even further. CorvilCleartm allows for the first time latency For example, by leveraging detailed latency management outside your own four walls.
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Copyright © 2009 Corvil Ltd. Corvil is a registered trademark of Corvil Ltd. All other brand or product names are trademarks of their respective holders. CWP-0904-1 Corvil Ltd, 6 George’s Dock, IFSC, Dublin 1, Ireland T +353 1 859 1000 Tech Support +353 1 859 1010 E info@corvil.com W www.corvil.
