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BT joins up with Corvil within global capital Markets

Posted: 23 February 2009

BT has announced a partnership with Corvil, a provider of electronic trading latency management systems, to broaden BT’s low latency portfolio beyond connectivity/hosting and into network latency management. As a part of the agreement, BT will leverage CorvilNet, a latency management system that monitors, analyzes and optimizes electronic trading infrastructures against ultra-low latency objectives encompassing market data feeds and order execution traffic.

In addition to CorvilNet, BT will provide a dedicated team of business consultants and IT specialists from its Global Professional Services division that will analyze the reports, identify the hotspots and make recommendations to optimize a customer’s infrastructure.

Joanne Kinsella, Head of Portfolio, BT Global Financial Services, said: “When considering how to reduce latency, the first step is to measure it. We can now provide a critical line of sight into the network, which can further reduce latency and improve trading competitiveness.”

In addition to expanding its efforts in network latency management, BT also maintains an existing low latency connectivity portfolio, which includes Radianz Ultra Access and Radianz Proximity Solution. Radianz Ultra Access enables sub-millisecond connectivity between brokers and execution and market data venues in New York and Chicago and soon London. Radianz Proximity Solution locates trading engines near execution venues to reduce market data and trading latency.

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