Sniffer® Financial Intelligence
Manage Your Financial Trade Order Flows and Market Data Delivery with Speed and Efficiency
One of the most pressing issues impacting financial industry firms is how to increase speed and reduce latency in trade execution venues. The organizations that comprise this exceptionally technology-driven ecosystem – financial exchanges, trading houses, hedge funds, investment banks, and financial institutions’ trading desks – must execute business at sub-second speed.
In addition, Multicast is the predominant method used to disseminate market information across financial networks. By avoiding unicast, it reduces packet load on the network and thus streamlines the delivery process. However, multicast is quite specialized. As a result, troubleshooting tools must understand multicast to be effective in this environment.
NetScout is committed to meet the specific needs of financial services firms transmitting trade order flows and leveraging multicast market data feeds. Powered by nGenius InfiniStream appliances to capture trade orders and feeds, Sniffer Financial Intelligence is the answer. Using the nGenius solution, financial organizations can:
- Enable IT managers to troubleshoot and optimize the speed and efficiency of FIX and/or TradElect-based market trading
- Provide latency and performance measures to optimize algorithmic trading applications
- Drill down into market movements and asset classes to optimize systems and networks
- Efficiently monitor and support order routing, settlement, and clearing networks and systems
- Identify financial multicast channels {Source, Group} as individual applications, capturing transaction details on utilization, volume, conversation, and users, to ensure reliable market data feeds and distribution
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- Leverages nGenius InfiniStream appliances and runs on Sniffer Analysis as an optional Sniffer Intelligence module
- Track flow and latency of individual trades, and measure latencies per order type (such as Order Fill versus Order Replace)
- Analyze latencies and delta times of orders and partial fills and their messages
- View session summaries per trading station and drill down by ECN, Market, Currency, Security Type, etc.
- Analyze latencies of trading stations, exchange order execution, quotes, and mass quote messages
- Report trends of latencies over time and transaction delay distributions
- Leverages data from nGenius InfiniStream
- Specific performance metrics on market data flows: stream efficiency, IP delay variations, retransmissions, packet loss identification, out-of-sequence packet analysis, microburst analysis, etc.
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