SOURCE: Corvil

Corvil

March 17, 2015 09:00 ET

OTC Markets Group Integrates Corvil Network Data Analytics

OTC Markets Group to Leverage Corvil for Real-Time Insights and Performance Optimization Throughout Trading Environment

DUBLIN, IRELAND--(Marketwired - Mar 17, 2015) -  Corvil, the network data analytics company for business in the Now™, today announced OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities, has selected Corvil to monitor and manage its network data across its trading applications, developing the ability to see, understand and act on its business as it happens in real-time.

"Corvil's platform gives us greater insight into all aspects of our network," said Michael Modeski, President of OTC Markets Group's SEC regulated Alternative Trading System, OTC Link® ATS. "We need to know in real-time what is happening in our core trading environment so we can continue to provide high quality services to our broker-dealer subscribers and operate our Open, Transparent and Connected OTCQX, OTCQB and OTC Pink marketplaces. We selected Corvil network data analytics because it is the best of breed product in the market to serve both our needs and the needs of our subscribers."

Corvil's platform empowers OTC Markets Group to utilize its network data to optimize trading analytics. Corvil facilitates the use of data to see, understand and quickly act on all activity across the business. Corvil's real-time analytics and alerts highlight trading anomalies and transaction bottlenecks, which can be quickly resolved to ensure high-speed order, response times, and reliability. As Corvil is used to monitor more than 90 percent of the world's lit equity trading, many of OTC Markets Group's subscribers are already utilizing Corvil appliances. This means OTC Markets Group's clients will be able to use their current subscriptions to leverage the Corvil system to further increase efficiency. As OTC Markets Group's robust and prestigious marketplaces grow, the Corvil platform will equip the company with the tools it needs to operate intelligently when dealing with multiple interconnected locations.

"As trading machines become increasingly autonomous, it's important to monitor network connections at the entry/exit point of a trading system to ensure users have a complete record of trading activity," explained Donal Byrne, CEO of Corvil. "Corvil offers the world's most advanced network data analytics solution that provides a precise and real-time picture on performance and delivery without increasing latency. This clarity reduces risks and provides our customers with unrivaled protection."

Learn more about Corvil: Corvil.com | Twitter | LinkedIn | Facebook

About Corvil

Corvil is the network data analytics company for business in the Now™. The Corvil platform transforms network data into streaming intelligence to see, understand and act on business as it's happening. Corvil provides the full picture of customers, business and IT infrastructure all interacting together in real-time. It does this by making sense of the raw packet data streaming through the network, enriching it with analytics and making it accessible, searchable and consumable. Corvil is built to handle the low-latency, high-performance and big data analytics requirements for the world's most demanding real-time businesses. It is used to monitor over 50 petabytes of data and over $170 billion worth of transactions per day, and is trusted to provide real-time analytics that powers decision and action in the Now.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to inform investors of opportunities and risks: the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and the OTC Pink® Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.

OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

Subscribe to the OTC Markets RSS Feed

Contact Information