Corvil Now Connects to kdb+ for Its Comprehensive Data Insights Product for Financial Markets

DUBLIN, IRELAND--(Marketwired - Nov 13, 2014) - Corvil, a leading provider of real-time operational intelligence from wire data, today announced that its streaming analytics platform now is available with a full connection to kdb+, a high-performance database available from Palo Alto, California-based Kx Systems.

This enhancement allows Corvil's rich, real-time insights from wire data to be stored in kdb+'s powerful and flexible database. Taking advantage of kdb+'s speedy search and analytics capabilities, Corvil can now provide further insight into network and application performance over longer historical time periods. Corvil's extensive monitoring and analytics capabilities and kdb+'s prolific storage and easy access combine to create a new, detailed, easily searchable resource of historical wire data for the most demanding financial markets.

Today, it is operationally essential that IT departments have a system that allows fast access to years and terabytes of historical data. Corvil already has the ability to record data as it monitors it in real-time, but the connection with kdb+ gives Corvil a world-class storage solution for its world-class analytics.

"Financial markets are always seeking more and more powerful insights drawing on the huge amount of data they have access to," said Janet Lustgarten, CEO of Kx Systems. "By using kdb+ in its platform, Corvil customers can now take advantage of the speed and power of kdb+ for capturing streaming, real-time and historical data."

This exciting connection now makes it possible to offload the data collection function from servers in the critical path. Typically, log files containing details of each trade or server installed agents would provide kdb+ with the raw data. By using Corvil, server-based collection can be turned off, thus removing a processing overhead and management burden. Instead, data is collected directly from the wire, recorded with high fidelity hardware timestamps and fully analyzed in real-time. Corvil also takes care of different wire protocols and data structures, forwarding a normalized and enriched stream of metrics into kdb+ for storage and further analysis.

"We're seeing a very interesting pattern of historical data from the wire becoming a strategic resource for some of the world's biggest and most integral businesses," said Donal Byrne, CEO of Corvil. "kdb+ has been the financial world's foremost database software, and alongside Corvil as the most complete, trusted source of wire data analytics, this connection will allow users to examine years worth of detailed wire data to garner incredible business insights."

"Kx has one of the fastest databases on the block, making it suitable for real-time analytics as well as the analysis of historic data," said Jason Stamper, Analyst, 451 Research. "Corvil's new streaming analytics connector for kdb+ should be well received among the two companies' household name customer base in the Financial Markets vertical."

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About Corvil
Corvil transforms wire data into operational intelligence for today's modern digital business. Headquartered in Dublin, with offices in New York City, London, Tokyo, and Hong Kong, Corvil was founded by scientists and engineers to bring a rigorous mathematical approach to data. A leading provider of wire data analytics, Corvil is used to monitor more than 90 percent of the world's equity trading. The Corvil streaming analytics platform transforms wire data into operational intelligence, providing the full picture of customers, business and IT infrastructure all interacting together in real-time, across a network. Through a unique design that allows the platform to sit "on top" of a network, Corvil is built to handle the low-latency, high-performance and big data analytics requirements for the world's most demanding real-time businesses.

About Kx
Kx is a leading innovator in high-performance database computing. Its time-series database, kdb+, with a built-in expressive query and programming language, q, is widely adopted by financial institutions around the globe, and increasingly being used for Big Data and Internet of Things applications by utilities and in the pharmaceutical industry. Used as a central repository to store time-series data within an enterprise, kdb+ supports real-time, streaming and historical analysis of billions of records. Based in Palo Alto, California, the company's focus is on delivering the best performance and flexibility for high-volume, data intensive applications and analytics. http://kx.com.