Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Data Management

12:58 PM
Connect Directly
Facebook
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%

Thomson Reuters Teams Up With ITRS For Infrastructure Management And Monitoring

The partnership will enable users to reduce the complexity of managing their distributed applications, Thomson Reuters said.

Thomson Reuters has teamed with ITRS Group, a provider of real-time systems management technology, to deliver real-time visibility and performance monitoring of a financial firm's market data, trading and risk management infrastructure.

This capability enables Thomson Reuters Enterprise Platform and Elektron customers to reduce the total cost of ownership and the complexity of managing their distributed applications, according to a release. Thomson Reuters noted that globally financial firms are challenged by the growing cost and complexity of running high-performance trading infrastructures, as well as the increased regulatory pressure to manage the operational risk of potential systems outages.

They also need the ability to quickly identify critical issues and to distinguish between problems within the business, external to the enterprise, and at co-located, hosted sites, Thomson Reuters said.

As such, the market data provider and ITRS are collaborating to provide enterprise-wide monitoring and management capabilities for multiple trading and risk applications, along with the data and infrastructure solutions that power them, delivering vital intelligence on operational performance for mission-critical systems.

The capability provides real-time visibility into the performance of the Thomson Reuters Enterprise Platform for Real-Time, and includes features such as automated load balancing tools to ensure continuous systems optimization. Thomson Reuters will also evolve the service to offer the same detailed systems management support for its Elektron Hosting environment.

Terry Roche, global head of real-time information and platform, enterprise, Thomson Reuters, said: "In today's competitive market, data and infrastructure are key elements to a financial firm's business strategy, and ensuring that these systems are continuously optimized is crucial to success. Our relationship with ITRS allows us to provide our customers with detailed real-time knowledge to monitor the health of every component in their trading architectures, whether deployed locally or accessed as hosted solutions via Elektron - our global infrastructure."

Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

Register for Wall Street & Technology Newsletters
Video
5 Things to Look For Before Accepting Terms & Conditions
5 Things to Look For Before Accepting Terms & Conditions
Is your corporate data at risk? Before uploading sensitive information to cloud services be sure to review these terms.