At Beeks, our core philosophy revolves around three pillars: Build, Connect, and Analyse. This article will explore the ‘Analyse’ aspect of our operations, particularly through our Beeks Analytics platform, to explain how we enhance observability and performance in the financial markets.
In the world of financial trading, speed and security are paramount. Beeks specializes in providing both bare metal and virtual servers, along with managed networking solutions, strategically located in sites with high financial market liquidity. This ensures our clients not only benefit from reduced latency but also from enhanced security, critical in maintaining competitive edges in financial markets.
Observability, or the ability to monitor and understand the states of systems through the data they generate, is crucial in managing complex trading environments. This is where our Beeks Analytics platform (previously known as Velocimetrics) plays an essential role. It allows financial firms to assess and enhance their performance and service delivery using detailed, wire-level data.
Understanding Wire-Level Data
Wire-level data provides a granular view of the information as it travels through network infrastructure. This is critical in high-stakes trading environments. Imagine a scenario where a trader places an order for US Dollars on an electronic platform. If the order execution suffers delays, the trader might receive a less favourable price, impacting profit margins. Here, the difference between winning and losing can come down to nanoseconds.
Wire-level data helps resolve such issues by providing a real-time capture of data transmission. It not only captures each message but also timestamps it with high precision, enabling traders to verify the exact sequence and timing of their orders. This form of data is essential for resolving disputes, validating data integrity, and ensuring that trading actions are executed as intended.
From Packet Capture to Advanced Analytics
Beeks Analytics harnesses this wire-level data through sophisticated packet capture technology. This involves recording data packets as they travel across networks, allowing for detailed analysis. Our platform can manage data captures at immense volumes—up to 200Gbps in a single appliance—making it capable of supporting the most demanding environments.
However, capturing packets is just the beginning. The real power of Beeks Analytics lies in its ability to decode and analyse this data to pre-empt and resolve potential issues. Each packet is dissected to reveal underlying details about network protocols such as FIX, TCP, IP, and Ethernet, among others. This helps identify if there are any transmission delays, data losses, or bottlenecks within the network that could potentially disrupt trading activities.
Decoding Complex Data Streams
Our platform is equipped with over 100 decoders for various financial market and network protocols. By employing decoders that analyse both network protocols like TCP/IP and financial protocols such as FIX, Beeks Analytics combines critical network performance data with financial transaction details, enhancing the insights into operational and market efficiency.
This vast range allows for deep analysis of complex data streams, enabling users to understand and optimize their trading strategies effectively. For instance, if a trading platform sends out orders that frequently require retransmissions, it could suggest network congestion or issues with the destination server’s capacity to handle incoming data.
Moreover, Beeks Analytics is not just reactive but also proactive. By analysing patterns within the data, it can predict potential system failures or bottlenecks before they occur, allowing clients to take preventive measures. This capability to anticipate problems adds a layer of reliability and efficiency that is invaluable in financial trading.
Custom Protocol Decoding and Future Capabilities
Understanding that each client may have specific needs, Beeks Analytics offers customizable decoding capabilities. Whether it’s a standard protocol like Simple Binary Encoding or something more tailored, our platform can adapt its decoding process to fit the unique requirements of our clients. This flexibility ensures that all data, regardless of its format, is analysed effectively, providing insights that drive better decision making.
In conclusion, Beeks Analytics not only supports the operational needs of financial markets through advanced data analysis but also enhances the strategic capabilities of financial institutions. By delivering comprehensive, real-time insights into network and trading operations, Beeks empowers its clients to operate with greater security, efficiency, and profitability. As financial markets continue to evolve, the role of advanced analytics like those provided by Beeks will become increasingly critical in navigating the complexities of global trading environments.
Join us as we explore the analytical capabilities of Beeks Analytics, which can transform your business operations through precise wire-level data analysis. Our latest article breaks down the complex interplay of network and financial data, showing how it impacts your trading decisions. Perfect for financial leaders seeking a competitive edge.
Looking for a deeper understanding of market dynamics? Our Head of Product Management, Matt Cretney, explains in depth how Beeks Analytics uses wire-level data to provide actionable insights, enhancing your ability to lead and innovate in the competitive financial landscape.
