HONG KONG — (Marketwire) — 09/04/11 — SevOne, the new leader in network performance management, today announced it has joined forces with TS-Associates and Terilogy to bring advanced monitoring capabilities that span the trading floor and corporate network management systems. The integration of the SevOne network performance management and TS-Associates Precision Instrumentation® solutions supports the rapid growth of high frequency and algorithmic trading across the financial markets in New York, London, Tokyo and Hong Kong which has been placing new demands on IT operations teams to provide and ensure the extreme levels of technical and business performance that is required.
An integration of best-of-breed products from TS-Associates and SevOne means information technology operations teams and business managers can now have complete and immediate visibility of the performance of their high frequency trading (HFT) environments using the same reporting consoles and workflows used to manage their network and servers. The solution is easy to deploy offering fast time to results, a small solution footprint and low cost of ownership.
SevOne can now be configured to connect to one or more TipOff® appliances to gather and monitor summary latency metrics on transaction flows. This allows users to monitor critical HFT performance indicators such as hop latency, build baselines of normal utilization levels, and proactively monitor and raise alerts when utilization deviates from historical norms. Once alerted, a user can quickly troubleshoot the network and trading infrastructure.
A single multi-hop flow may comprise several different middleware stacks or protocols. TS-Associates- TipOff supports flows that undergo transformations through order aggregation, trading engines and execution venues.
Nobuo Miyamura, COO of Terilogy, says, “We believe this jointly developed solution empowers our customers with unprecedented visibility into the health of trading specific applications and supporting infrastructures in a consolidated real time monitoring system. We are certain it will also provide them with a competitive edge in the market. A proof of concept of this solution is available at our Center of Excellence lab.”
Henry Young, CEO of TS-Associates, says, “Up to now managing the performance and availability of low latency environments has been addressed using a variety of individual tools implemented and operated independently. Firms can now free up resources previously dedicated to these tools. Our aim is to integrate the esoteric island of latency instrumentation back into the mainstream of enterprise performance management.”
“SevOne offers a high frequency polling capability that many of our financial services customers already use today,” stated Vess Bakalov, CTO, SevOne. “Terilogy-s establishment of a CoE is very important to us since every major investment bank has requirements for providing complete visibility and service assurance for their HFT environments. We are now able to integrate with TS-Associates low-latency probes, to provide -complete visibility- of the performance of their HFT environments using the same reporting consoles and workflows used to manage their network and servers.”
SevOne, TS-Associates, and Terilogy will introduce the ability to deliver comprehensive solutions based on “Best of Breed” performance monitoring in ultra low latency environments at a private seminar on Sept 5th preceding the Trading Architecture Asia 2011 conference in Hong Kong. Terilogy COO Nobuo Miyamura, TS-Associates CEO Henry Young, and SevOne CTO Vess Bakalov, will present a comprehensive solution based on “Best of Breed” performance monitoring in ultra low latency environments.
Terilogy is the exclusive distributor within Japan and Asia for the TS-Associates Precision Instrumentation solutions, and a reseller and support partner for SevOne-s performance management solution. It has recently established an Ultra Low Latency “Center of Excellence” in Tokyo for demonstration and exploration of low latency monitoring technologies. The Center of Excellence showcases a comprehensive solution based on “Best of Breed” precision instrumentation, network performance management and service level assurance technologies.
TS-Associates is a leading supplier of precision instrumentation solutions for latency sensitive trading systems. With the TipOff network monitoring appliance and the Application Tap® software instrumentation card, TS-Associates provides a complete range of precision instrumentation solutions capable of providing nanometric transparency into the latency dynamics of trading systems. TS-Associates Precision Instrumentation solutions have been integrated with all leading transaction, market data, middleware and HFT systems. With deployments at leading financial institutions throughout North America, Europe and Asia Pacific, TS-Associates offers a truly global support capability through its centres in London, New York, Tokyo and Singapore. Visit us at .
Application Tap®, TipOff® and TS-Associates Precision Instrumentation® are UK registered trademarks, numbers 2555443, 2555442 and 2572239, of TS-Associates plc, US trademarks 85238120, 85238136 and 85397167, applied for.
Terilogy Co., Ltd. provides network infrastructure solutions and technologies in Japan and internationally. The company-s solutions enable information technology (IT) managers and non-technical users to manage their IT resources. The company markets its solutions primarily to telecommunications companies and Internet service providers, as well as to various IT-intensive organizations, such as financial services companies, outsourcers of IT services, application service providers, and other multinational companies. Terilogy was founded in 1989 and is headquartered in Tokyo, Japan. Terilogy Co., Ltd. is a public listed company on the JASDAQ Exchange (Code 3356). Visit us at .
SevOne, Inc. provides an application-aware, network performance management solution that enables enterprises, cloud and service providers, and government organizations to keep increasingly complex networks, servers and applications functioning at peak performance levels. SevOne delivers the industry-s fastest, most scalable and comprehensive real-time monitoring, troubleshooting and performance reporting solution to ensure application performance and reliability. Capable of monitoring millions of IT elements and flows, the SevOne solution provides IT Operations teams with the most accurate and timely data available to ensure enterprise-wide performance and reliability for business applications. Visit us at .
Gina Karr
SevOne Inc.
+1 (302) 319-5400
Steph Johnson / Amy Redhead
Aspectus PR
+1 (646) 274 1348
+44 (0) 207 182 4081
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