Pico Announces Corvil Cloud Analytics for Crypto Trading on AWS
NEW YORK, May 31, 2023 (GLOBE NEWSWIRE) -- Pico, a leading global provider of mission-critical technology services, software, data and analytics for the financial markets community, today announced the availability of its Corvil Cloud Analytics solution tailored to maximize performance and provide service assurance visibility in crypto trading environments.
Pico's Corvil Analytics has been a trusted partner in the financial industry for over 20 years, offering unparalleled insights into technology and transaction performance in dynamic network settings. Now, with Corvil Cloud Analytics, we are extending our reach beyond monitoring traditional exchange activities in colocation environments to the crypto exchanges in public cloud environments. Corvil Cloud Analytics can empower crypto traders with high-quality, granular data capture and analytics capabilities, ensuring comprehensive visibility and control without compromising quality or precision.
“A considerable portion of the crypto trading markets, including most exchanges, market makers and institutional investors are hosted in public cloud infrastructure. They run highly optimized workloads where performance or reliability issues directly impact trading outcomes,” said Ken Jinks, Executive Director, Product Management at Pico. “Corvil Cloud Analytics provides the visibility and timestamping of every crypto trade and market data message, which enables all parties to achieve deterministic performance in this highly dynamic environment.”
A criticalaspect of the Corvil Cloud Analytics solution for crypto markets is the ability to decrypt the market data and order flow data in real-time. This is particularly challenging because all venues use perfect forward secrecy for encryption. Corvil Cloud Analytics provides a solution for decryption in this environment to enable full visibility of every order and every market data message.
This level of granularity enables Corvil Cloud Analytics to provide the following capabilities for crypto trading:
To learn more about the challenges addressed by Corvil Cloud Analytics for crypto trading, click here.
Corvil Analytics is currently used by the world’s largest banks, exchanges, electronic market makers, quantitative hedge funds, data service providers and brokers in the traditional finance market. Now Corvil Cloud Analytics provides the same highly granular visibility for crypto trading businesses to help maximize business outcomes in this emerging market.
Contact Pico now to start your free trial of Corvil Cloud Analytics for crypto trading analytics.
To learn more about Pico, please visit https://www.pico.net
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