Options and Velocimetrics Announce Partnership, Adding Real-Time Latency Monitoring To Options’ Ultra Low Latency Platform

The Velocimetrics solution has been integrated with Options’ ultra low latency product offering, Velocity.

NEW YORK--()--Options, the leading private financial cloud provider for the global capital markets industry, has today announced a partnership with Velocimetrics, the provider of comprehensive monitoring and performance analysis solutions. The partnership sees Options integrate the Velocimetrics solution with the managed service provider’s ultra low-latency, market data and connectivity product offering, Velocity. The Options-Velocimetrics solution will enable clients to instantly gain a detailed understanding of their trading performance, through real-time latency monitoring, problem detection, alerts and rapid issue analysis.

Velocimetrics’ monitoring technology delivers uncompromised visibility across the complete trading environment, tracking the exact route and latency of trading events through business critical software applications, integrated systems and across global networks. Options’ clients will gain a comprehensive view of their firm’s trading activities, real-time detection, alerting and diagnosis of issues and analysis of latency profiles throughout the trading day. Once an issue has been identified, users can examine specific transactions to view each component event and understand the precise nature of any given issue on the route. The fully managed solution also comes complete with a visual interface and customer-specific configurable dashboard.

The Velocimetrics solution is available to customers leveraging Options’ Velocity platform, the IaaS provider’s ultra-low latency market data, connectivity and application hosting service. Its addition will allow Velocity customers access to real-time monitoring on all end-to-end electronic transactions. Velocity is one of three service offerings provided via the Options Private Financial Cloud platform, and is a complete electronic trading infrastructure solution, providing ultra-low latency market data, high throughput market connectivity and vendor neutral application hosting as a single, fully managed service.

John Bryant, Options CTO, commented, “The electronic trading customers we serve know their business performance can be highly impacted by the true latency and latency volatility of each business event they process. Deploying Velocimetrics allows us to enable analysis of their business performance and instant detection of route latency impacting events. The solution is underpinned by the extensive investment we’ve made in passive optical tap and Arista tap aggregation to enable packet level visibility with zero impact to the payload itself. It’s a significant addition to the platform and further underlines our commitment to continual innovation and investment in the Velocity platform.”

Paul Spencer, Velocimetrics COO, also commented, “As the trend towards co-location and outsourcing increases, clients are keen to ensure they are able to retain a detailed understanding of their real-time trading performance. We are delighted to be working with Options to provide their clients with this level of business insight, complementing the availability of more traditional network focused analytics.”

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About Options (www.options-it.com):

For more on Options, visit here.

About Velocimetrics (www.velocimetrics.com)

For more on Velocimetrics, visit here.

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Contacts

Options
Kieran O’Connor
+44 20 7070 5129
Kieran.OConnor@options-it.com
or
Velocimetrics
Daniella Huggins (née Baker)
+44 751 554 3555
Daniella.Huggins@velocimetrics.com

Release Summary

Options announces new partnership with Velocimetrics enabling real-time latency monitoring, problem detection, alerts and rapid issue analysis on Options’ ultra low latency platform, Velocity.

Contacts

Options
Kieran O’Connor
+44 20 7070 5129
Kieran.OConnor@options-it.com
or
Velocimetrics
Daniella Huggins (née Baker)
+44 751 554 3555
Daniella.Huggins@velocimetrics.com