GUILDFORD, England, March 9, 2010 /PRNewswire/ -- As millions of pounds and dollars are being pumped into new networking technologies to increase the speed of financial trading, NetEvidence launches a breakthrough SaaS-based network monitoring system so both Exchanges and Subscribers can prove their networks are delivering the speed and performance expected - at all times. The 'Highlight Extended Performance Insight' (xPI) provides the Financial Markets community with latency monitoring, measured in microseconds, of their vital trading networks.
Faster trading is the current 'holly grail' for trading platforms, as the likes of Juniper Networks and NYSE Euronext, LSE with Turquoise, as well as Bats Europe and Chi-X Europe vie for supremacy in delivering the fastest trading speeds. However, as Richard Thomas, CEO of NetEvidence explains, It's all very well to claim you deliver the fastest networks, but it's just smoke and mirrors if you cannot show proof of delivery.
The xPI platform within Highlight monitors the ultra low latency data feeds vital to financial users to ensure optimum trading connectivity. It empowers decision makers by demonstrating constant adherence to application performance targets, even acting as a shared portal for both suppliers and customers. Hosting and support is provided by NetEvidence, leaving users to concentrate on running their businesses.
Richard Thomas adds, Time is money and for today's finance community, time or rather latency is critical. Highlight xPI can be overlaid onto existing or new IP backbones quickly and scaleably. Our extensive research with Cisco and Juniper has led to a hugely flexible platform providing capacity and latency insights supporting these trading platforms, but retains the flexibility inherent to SaaS that our customers expect.
Highlight xPI is an extension to NetEvidence's market leading SaaS monitoring system called Highlight. NetEvidence currently supplies Highlight to over 6000 Enterprises across 54 countries managing both public and private IP networks. xPI is designed specifically for the financial market so managers can ensure their essential networks deliver sub-millisecond performance with no load on network hardware and minimal network latency impact.
Highlight is delivered through Network Providers such as Verizon Business, Equinix, Telstra International, Claranet and CW, who use it to augment their Managed Network or Connectivity products, or delivered direct to Enterprises.
SOURCE: NetEvidence
CONTACT: Contact: Fiona Cousins, E: fiona@osmo.co.uk, T: +44(0)1252-850182
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