Communications provider BT has teamed up with Corvil, an electronic trading systems operator, to help high-frequency traders manage network latency.
The deal was struck to help financial institutions gain greater transparency of network latency challenges.
As part of the agreement, a team of IT specialists and business consultants from BT’s Global Professional Services division will work with CorvilNet, Corvil’s proprietary latency management system, which is designed to monitor and analyse electronic trading infrastructures against low-latency objectives such as market data feeds and order execution traffic. The BT team will identify latency hotspots within a customers’ infrastructure and make recommendations for optimisation.
“When considering how to reduce latency, the first step is to measure it,” said Joanne Kinsella, head of portfolio, BT Global Financial Services. “By working with Corvil and leveraging their expertise, we can now provide a critical line of sight into the network, which can further reduce latency and improve trading competitiveness.”