Trading systems monitoring and risk management firm Corvil has launched a monitoring solution aimed at the foreign exchange (FX) and equities markets in Asia.
The solution comprises a low-cost 1U appliance and a decoder library for all major trading and market data protocols used in FX trading in Asia. It includes Corvil’s automatic time synchronisation protocol, and is specifically tailored to meet the needs of the geographically dispersed Asian market. The solution is available with the latency navigator real time reporting and can be combined with new releases, such as the Trade Lens business level visibility tool.
Corvil said that it is investing 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 its vice president for sales in Asia, Peter O’Connor. “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 local area network (LAN) and wide area network (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 also collaborating with telecommunications group 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, and Seoul and across the rest of the world.
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