Low Latency Monitoring
Organisations involved in electronic trading, particularly high-frequency trading (HFT), run some of the most sophisticated networks on the planet.
To stay competitive they invest substantial sums of money to accelerate information flow between traders, exchanges and applications. This means constantly striving for lower network latency and higher application performance.
At Endace, we work with some of the largest financial institutions in the world to help measure and monitor their trading infrastructures. The rapid growth in the high performance trading sector globally, fueled by market deregulation and an increase in the number of alternative trading venues, has created new demand for high speed, high accuracy packet capture and analysis tools to measure, monitor and analyse traffic. Which is exactly what we do best.
Our Solution
Endace's solution consists of a network of managed Probes linked together to form a packet capture and analysis "fabric". Each Probe not only timestamps and captures every single packet of information to the onboard disk (so that's every piece of market data and every trade), but also enables you to run multiple analytics, measurement and monitoring applications on the data in real time / non-real time.
- Every packet is captured, timestamped, written to disk
- Each and every packet is made available for analysis by up to 6 different applications in both real and/or non-real time
- Raw packets can be accessed and mined by individuals within the organisation using a range of different tools
- All applications are fed from a single, authoritative source of network traffic
The Eight Problems We Help Our Customers To Solve
Our Low Latency Monitoring solution is in use all over the world, helping large investment banks and high performance trading companies build competitive advantage. We find that most of our customers are trying to solve at least one, if not more, of the following problems.
- Analyse trading and performance anomalies
- Measure and monitor for latency in market data and trade execution
- Create a single authoritative data source that every system and individual can leverage
- Meet client ‘best execution’ obligations
- Achieve RegNMS and MiFID compliance
- Deliver absolute timing accuracy for timing arbitrage across large physical distances
- Assist with the efficient deployment of multiple real-time applications
- Feed their real-time trading systems with 100% accurate data
Probe Architecture
Endace Probes are based on highly optimised Intel-based servers running OSm, our optimised Linux-based operating system. OSm provides a full suite of management and deployment tools, as well as offering VM technology that allows you to run commercial 3rd party applications alongside your own custom applications.
Underpinning Endace's Low Latency solution is an open and flexible systems architecture that enables captured packets to be stored on the Probes analysed locally or forwarded to any application anywhere on the network that needs access to highly accurate and timestamped traffic data.