Latency management specialist has released an upgraded appliance for latency management, leveraging the latest Intel microprocessors, and data compression techniques, to allow it to store up to 60 terabytes of tick price data, for analysis via built in and third party applications.
As with earlier products, Corvil's CNE-7300 appliance captures data packets on a network, timestamps them with nanosecond precision, and stores the packets so that analysis can be conducted on the latency of data as it flows between two points on a network. The highlights of the latest appliance are its use of Intel's 'Sandy Bridge' chips for both data capture - up to two million messages per second - and compression, as well as its storage capacity.
As a rough illustration, the CNE-7300 can store around 240 billion messages (both raw data and meta data), which for the extreme high volume U.S. options markets works out to about 50 days of tick data. The ability to store such a duration of data makes the appliance suitable not only for its primary purpose of latency measurement but also for more application specific analytics, without the need to copy the dataset to another storage device. Those applications might include back testing for tuning algorithms, or transaction cost analysis (the latter requiring trade and order messages to be accurately time stamped).
Applications can access the stored tick-by-tick data via and XML SOAP interface, which includes filtering and searching, with the ability to add indexing for faster access. For some applications, the appliance could replace a more traditional tick database product - as a byproduct of providing latency management facilities.
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