LONDON and NEW YORK, June 28, 2010 /PRNewswire/ -- Corvil, a provider of Latency Management Systems for electronic trading and market data, today announced that FFastfill, a leading provider of software and services to the financial community, is deploying CorvilNet to optimize the performance of their suite of products, which encompass front, middle, back office and risk. FFastfill will use the CorvilNet solution to pro-actively manage latency for exchange and client connectivity.
FFastfill is focused on continually optimizing our trading infrastructure to achieve the highest levels of performance and availability of our products and services for our clients. The CorvilNet solution provides us with microvisibility into our multi-asset trading environment. By leveraging CorvilNet's real-time analytics and latency monitoring we can assure the highest levels of performance and resilience, said Hamish Purdey, CEO for FFastfill.
In choosing Corvil, FFastfill highlighted the following CorvilNet capabilities:
- The ability to benchmark the performance of critical infrastructure and ensure that it is achieving Service Level Agreements (SLAs) as expected - Multicast gap detection, for hundreds of exchange feeds with the ability to measure one-way latency for multicast feeds simultaneously - Latency analysis of FIX order response times
FFastfill serves some of the largest and most latency sensitive participants in the electronic trading community with its industry-leading Software as a Service model. The addition of CorvilNet will enable FFastfill to assure optimum performance of their products services as demanded by their clients, said Corvil CEO, Donal Byrne.
About 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 http://www.corvil.com
About FFastFill
FFastFill is the leading provider of application services to the global derivatives community with using the latest developments in technology to automate trade flow processes across a firm's front, middle and back offices. FFastFill's solutions encompass electronic order routing, clearing, risk management and back office as part of an integrated, yet modular system architecture. FFastFill is traded on London's AIM (AIM:FFA) http://www.ffastfill.com
SOURCE: Corvil
CONTACT: For further information please contact: Collette Bird, Corvil,collette.bird@corvil.com ; John Parry, Rostron Parry (for FFastFill),+44(0)20-7490-8062 johnparry@rostronparry.com
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