Velocimetrics has announced what it claims is a unique, modular, software-only approach to monitoring and analytics of 100Gbps network feeds.
With the service, the firm says exchanges and trading companies can now fast-track their move to 100Gbps (gigabits per second) using their existing hardware, rather than having to invest in new, dedicated and expensive servers. The new solution enables each business to decide its best implementation strategy and control the cost and phasing of the transition. The innovation was launched in response to increasing demand from the market for real-time monitoring capability for 100Gbps, Velocimetrics says.
“Regulation and competition are driving the need for more intelligent collection, storing and analysis of data; the limiting factors have always been high cost and the need for dedicated hardware – our 100Gbps monitoring system has now dramatically changed the cost/benefit ratio,” Gordon McArthur, CEO of Beeks Financial Cloud, owner of Velocimetrics, says. “Velocimetrics is leading the way in 100Gbps monitoring capabilities in the trading space, previously a pain-point for the industry as data volumes increase.
“This solution uniquely allows companies to install across their existing tech estate and achieve major cost reductions, along with significant speed and capacity advantages,” he adds. “The modular approach allows packet capture and telemetry to be split, giving trading participants the ability to use their standard trading servers and to deploy various monitoring and analytics capabilities at a time of their choosing.”
Velocimetrics says the demand for 100Gbps is being driven by a rapid and continuing growth in data volumes, however, monitoring network data at 100Gbps, rather than the existing ‘standard’ of 10Gbps, presents enormous challenges because of the tenfold increase in data. It claims it is the first vendor to hit the necessary performance benchmark with a modular approach, creating a very cost-effective and flexible way of doing this, without having to buy expensive, dedicated appliances. “This new capability allows businesses to have complete visibility of their trading operations, and a forensic record of network traffic, at speeds which were previously impossible,” the firm states.
It adds that having an increased ability to analyse all the data going through the network means companies can examine original network traffic and diagnose problem origins. It also means the more trading companies understand their trading systems and trading success, the more competitive they can be, by refining trading strategies, creating real-time alerts when business or technical thresholds have been reached.