More effective risk management with the addition of Datacom Systems’ TradeView

Beeks Analytics (formerly Velocimetrics), the provider of real-time business performance monitoring and analysis solutions to the global financial community, today announced a joint offering with Datacom Systems Inc.  Through this agreement, Beeks Analytics will expand its product capabilities, enabling clients to effectively monitor the quality of their market data feeds and quickly identify any issues that may be impacting their firm’s operational and trading performance, minimising their potential exposure to risk.

With market data volumes continuing to balloon and the availability of reliable, complete and timely market data being integral to trading success, industry participants need to be confident in the quality of their feeds.  Even a mild glitch can be the difference between a profitable or loss making trade, an issue intensified by today’s high speed and complex trading environment.

Through this joint offering, market participants will be able to rapidly detect degradation in the quality of market data being received over multiple streams, in a considerably more cost-effective manner than previously possible.  Clients will be alerted to gaps in the sequence numbers assigned to each piece of market data, indicating the receipt of incomplete information and also notified of microbursts, meaning that the network on which they are trading has become congested, a primary cause of trading latency.  Armed with this knowledge, market participants can then draw on the detailed trading level analytics offered by Beeks Analytics to:

• Drill-down to the individual trade level to pinpoint precisely where in the end-to-end trading process a problem has occurred and quickly ascertain the root cause, aiding its speedy resolution
• Promptly identify each individual trade impacted, so market exposure can be easily evaluated
• Significantly minimise the potential risks and financial loss that unresolved issues could have on future trades

Commenting on this development a representative from Beeks Analytics stated:

“It is only through effective operational performance monitoring that firms can ensure they are able to sustain their competitive trading edge.  This offering will provide firms with real-time insight and comprehensive analysis, so they can be confident in the quality of the data on which they are basing their trading decisions.” 

Kevin Formby, CEO of Datacom Systems Inc added:

“The combination of the FPGA based TradeView appliance along with Beeks Analytics’ high performance transaction monitoring gives clients the best of both worlds in terms of the monitoring of their critical trading infrastructure. We are pleased to be working with Beeks Analytics with our common financial services clients.”

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