11 April 2011
Endace and Correlix demonstrate the power of Application Dock at Tradetech 2011
Auckland, New Zealand — April 11, 2011—Endace (LSE: EDA), world leaders in network monitoring and recording, today announced that it will be demonstrating the power of the Endace Platform with Correlix, a foundation Application Dock Partner, at TradeTech 2011.
For organizations operating in the financial services market, the ability to capture 100 percent of packets at 10 Gb/s and feed them to multiple applications is game-changing. Monitored packets are the primary input into a large number of systems that are central to helping organizations manage compliance, risk and corporate reputation; including trade latency measurement tools, quality of service measurement apps, risk management applications and network security tools. Consolidating applications onto a single-purpose system allows organizations to consolidate hardware, improve application performance and reduce mean-time-to-resolution on network issues.
Kevin Formby, Endace vice president of business development, said: “The ability to capture and timestamp packets with absolute accuracy once, and supply every application with a clean feed, is changing the monitoring and security landscape as we know it. At 10 Gb/s, software-based solutions are neither technically nor commercially sustainable, and organizations are actively seeking out options. The Application Dock program provides application vendors with the ability to test their applications on our platform. So far, the response to the program has been great, and we’re delighted to be working with organizations such as Correlix in this way.”
Daniel Connell, chief executive officer of Correlix, said: “We’ve been working with Endace for a long time because they have proven themselves to have high quality data capture solutions. The introduction of the Application Dock is an intriguing evolution and has the potential to make it easier and faster for us to deploy our application. We’re excited about the future of the Application Dock program and we look forward to working closely with Endace as the program develops.”
In addition to demonstrating the Endace Platform on the expo floor, on Tuesday, April 12, Endace’s Kevin Formby will be sharing his thoughts on the future of high frequency trading. He will take part in a panel discussion titled, “Building A Sustainable Future For HFT: How Technology Can Bridge The Gap Between HFT And The Regulator,” alongside Nikki Beatie from The Market Structure Practice; Jonathan Brogaard from the Kellogg Graduate School of Management at Northwestern University; and Hirander Misra, chief executive officer and co-founder of Algo Technologies Ltd. The panel will take place at 3:30 p.m. and will look closely at the future of regulation and compliance in the industry.
Endace and Correlix can be found at stand 82 at TradeTech, to be held within the Excel center in London.
About Endace
Endace provides open network monitoring and recording systems that form the basis for mission critical network security, monitoring and measurement solutions. Endace Systems are designed to be deployed from the edge to the core of the network, creating a complete monitoring and recording fabric on top of which a range of custom, open-source or commercial applications can be deployed.
One hundred percent packet capture is now widely accepted as a non-negotiable input to applications that are being used to help organizations manage risk, reputation and compliance. Based on proprietary DAG technology, Endace's systems have a global reputation for consistently monitoring and recording 100-percent of network traffic at speeds up to 40Gb/s.
Based in Auckland, New Zealand, Endace also has offices in the U.K. and the United States. Quoted on London's AIM, the stock code is LSE: EDA.