June 12, 2012: KVH to Launch First Service Model of High Precision Latency Measurement for Trading Systems in Asia
- Optimizing HFT Environments with Real-Time Nanosecond Latency Analysis –
Press release: June 12, 2012
Tokyo, June 12, 2012 – KVH Co., Ltd., Asia’s leading information delivery platform, announced today that TipOff Latency Monitoring Rental Service, a high precision latency measurement service that supports market participants of latency-sensitive trading, is now available for purchase.
Based on a partnership between KVH and Terilogy Co., Ltd., an exclusive partner of TS-Associates in the region, the new KVH service incorporates TS-Associates’ Precision Instrumentation solutions and will be initially available in key financial cities including Tokyo, Osaka, Hong Kong, Singapore, and Sydney.
The High Frequency Trading (HFT) environment in Asia is evolving rapidly, with the major financial exchanges currently introducing next-generation trading platforms and revising their trading schemes. Consequently, demand for low latency connectivity and faster processing throughput is continually increasing in trading markets. This new service supports traders by quickly finding and analyzing bottlenecks in their trading systems that are generating latency and affect competitive advantage, even at the nanosecond level, to solve problems in their early stages.
KVH's new service, which leverages TS-Associates’ TipOff, a network monitoring appliance, and Application Tap, a software instrumentation card, will be installed in the trading systems of KVH’s data center or network services users. With extensive monitoring across everything from networks and middleware to application layers, the service enables high precision and various kinds of measurements including round trip latency per order from the customer’s site to an exchange matching engine and real-time nanosecond-level latency between network and server processing in the customer’s trading system.
Users can choose from either the Standard Service or the Premium Service, both of which are charged at a fixed monthly fee. The Standard Service includes round trip latency measurement, network analysis, and on-line reports, while the Premium Service offers server process latency measurement, system optimization consulting, and customized reports.
Combining high-speed optical fiber networks with data centers located close to major exchanges, KVH proximity services provide a complete hosting environment well-suited for ultra low latency trading transactions with multiple exchanges in the region. With the addition of this new service, KVH proximity services broadens the capabilities of market participants to outsource the full operations of their trading infrastructure, including the procurement of networks and servers, implementation, system management, and optimization, allowing them to concentrate resources and efforts on their core business of implementing trading strategies. As a market leader in proximity services, KVH will continue to expand its solutions to address market needs.
KVH was established in Tokyo in 1999 by Fidelity Investments as a Japan focused IT/communications service provider. As an information delivery platform that allows enterprise customers to store, process, protect and deliver their vital business information, KVH offers integrated cloud and network solutions that include infrastructure-as-a-service, managed services, data center services, professional services, data networking, internet access, and voice services. KVH operates the lowest latency network in Japan, and with over 450 financial services customers, is the leading provider of ultra low-latency network and proximity hosting solutions to the high-frequency trading community in Tokyo and Osaka. KVH also offers low-latency connectivity services between major financial markets in the Asia/Pacific region and the US including Tokyo, Chicago, Aurora, New York, Singapore, Hong Kong, Shanghai, and Sydney. More information on KVH can be found at www.kvh.co.jp/en/
TS-Associates was established in 1999 as a technology consulting services firm specializing in the financial services sector. The company’s founder Henry Young is well known within the trading systems industry and globally as an opinion leader in the fields of high-precision monitoring and latency monitoring. Young currently serves as chairman of the FIX Protocol Organization Inter Party Latency Working Group. Using their network monitoring appliance “TipOff” and software monitoring card “Application Tap”, stock trading systems can analyze stock trading system latency times in units of 10 nanoseconds. Furthermore, customers can monitor all market data and transaction data from stock trading systems. System products from TS-Associates are used by major financial institutions in North America, Europe, and the Asia Pacific and TS-Associates provides global support functions from offices primarily in New York, London, Tokyo, and Singapore.
TS-Associates website: http://www.ts-a.com.
Terilogy was founded in 1989 as a provider of four core solutions – enterprise LAN/WAN, broadband access, security, and network management – and serves as a network integrator handling a broad range of products from hardware to software in order to meet the needs of the market and customers. With a customer based consisting of more than 300 enterprises and communications companies, Terilogy has developed a vast portfolio of experiences and success working with network businesses. As a network and security company, Terilogy works aggressively to discover new powerful products and continuously incorporates innovative technology from around the world to provide customers distinctive solutions. Since its establishment Terilogy has be centered on a corporate mission of “In collaboration with customer”; an ideal that emphasizes creating business strategy from the perspective of our customers.
Terilogy Co., Ltd. website: http://www.terilogy.com.