Cisco : and Pico collaborate to help High-Frequency Trading
September 28, 2020 at 11:35 am EDT
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Today Cisco announces a collaboration that will help provide High-Frequency Traders with improved transactional reporting for better insight into trading performance. Trading firms willnowbe able tobenefit from the new Cisco Exablaze combined solutionwith Pico, a leader in performance monitoring and analytics systems. Pico'sCorvilappliancesperform packet capture and analyticsfor the financial services industry primarilyin electronic trading. By combining forces, the companies bringtogether Cisco'sNexus 3550 layer 1 tapping, high-precision timestamping and aggregation capabilities, andPico's high-performance capture and analytics systems.
Matt Grosvenor, Principal Engineer, Data Center Networking for Cisco, says,'It's excitingthe Nexus 3550-F Fusion HPTis now available to Corvil'sglobal trading community as part of their packet capture and trade analytics. This gives trading firms another powerful tool and allows them to have greater insight into trading patterns and performance.'
Ken Jinks, DirectorofProduct Managementat Pico, adds, 'Accurate timestamps are a fundamental requirement to building trust and creating transparency in the electronic trading industry. Through Cisco and Pico's partnership, both real-time transparency and a forensic,historical record of all the transactions and their outcomesin complex trading environments will now be available. This enables our stakeholders to make better decisions through factualand precise data.'
Starting from Release 9.5, Corvilappliances will natively support the Nexus 3550-F Fusion HPTpacket trailer formatdesigned fortrading companies and exchanges. Corvilclients will benefit from the high-precision timestamping, tapping, port marking, and traffic-steering capabilitiesof the Nexus 3550-F HPT switch. Meanwhile, users of the 3550-FHPT switch will be able to use Pico's high-performance analytics to satisfy infrastructure and business team analyticsand decision-makingneeds.This collaboration addressesthe growing intelligence needswithin financial services.
In 2020, Cisco completed the acquisition of Exablaze to meet the increasing demand for mission critical high-frequency trading (HFT) network applications. Exablazeintegrates market-leading ultra-low latency switches and smart network interface cards with Cisco'snext generation Nexus data center switching platform.
For more information on Cisco's innovative Nexus 3500 series of data center switches click here.
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Cisco Systems Inc. published this content on 28 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2020 15:34:13 UTC
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