Corvil Expands its Client Portfolio into Middle East
LONDON, NEW YORK, SINGAPORE and TOKYO, Jan. 22, 2013 /CNW/ - Corvil, a provider of monitoring and management solutions for high-performance trading, has been selected by Abu Dhabi based ADS Securities (ADSS) to monitor their new FX platform. ADS Securities provides sophisticated forex, bullion and commodities trading solutions to institutional and professional investors. The CorvilNet solution will allow real-time monitoring and greater transparency of their trading infrastructure.
Andrew Rossiter, ADS Securities' Chief Technology Officer, commented, "We have built a new very high-throughput trading platform, which we are launching in early 2013. Our clients demand consistent, low-latency, pricing and order processing and implementing Corvil will give us the ability to monitor our systems and networks in real-time, providing nanosecond latency timings. The complexity and speed of our new platform demands that we use the very best monitoring products. Corvil is used by several major global exchanges and tier 1 investment banks, all of which have the same quality and performance requirements as ADS Securities. Using Corvil demonstrates our commitment to delivering a new ultra-high performance brokerage system."
Corvil will deliver measurements for market data, order flow, quote-to-order latency and network measurements to ensure the highest standards of service for ADS Securities and their clients. The Latency Navigator and Trade Lens will allow ADSS to analyse these measurements via customizable business level dashboards and to report trading activity in business defined categories including per session, client, venue and gateway.
"It is a great testament to the Corvil brand and expertise that we have been selected by ADS Securities, one of the fastest growing brokerages in the Middle East. We look forward to working closely with them," said Donal Byrne, CEO Corvil. "The expansion of our footprint into the Middle East further signals the broad adoption and requirement to monitor the health and assure the performance of modern trading platforms."
Corvil is a provider of monitoring and management solutions for high-performance trading. The company was founded in 2000 and operates from New York, London, Singapore, Tokyo and Dublin. Customers use Corvil for monitoring, troubleshooting and reporting of performance for their trading applications and networks. Corvil Solutions are used by the world's leading exchanges, brokers, trading firms and their service providers. For more information on Corvil, please visit http://www.corvil.com
About ADS Securities
Abu Dhabi-based ADS Securities is a forex, bullion and commodities trading firm. ADS Securities offers a comprehensive set of on and off-line services and tools designed to help institutional, professional and high-net-worth participants trade with high efficiency, speed and simplicity. The company started operations in March 2011 and offers a deep range of market-leading pricing on bid/offer spreads across all major currency pairs and in all trade sizes. For more information visit http://www.ads-securities.com
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Afra Al Rashdi - PR & External Communication Manager