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CorvilNet Releases New IT Monitoring Solutions

CorvilNet now includes BVD, auto-detection and configuration, and enhanced GUI.

Corvil, based Dublin, Ireland, has launched a new release of CorvilNet, a real-time monitoring platform that is also used for electronic trading, which includes additional operational performance monitoring capabilities for enterprise applications, according to a release.

Jim Frey, VP of Research at Research at Enterprise Management Associates, an analyst and consulting firm, comments that there is a shift in IT best practices towards application-centric IT operations.

Frey adds, "those making the change have found it necessary to re-assess their choices in management tools and technologies to identify and deploy products that can easily supply actionable operational intelligence in real-time. The Corvil solution has been built specifically for such purposes, leveraging the highly valuable network perspective to provide rich, real-time visibility into application transactions and performance" in the release.

The new release includes support for unified communications like voice over internet protocol, which allows voice communications over IP, and video, database systems and web-delivered applications.

“We worked with our customers and partners in defining this release, and are encouraged by its rapid adoption,” says Donal O’Sullivan, VP of product management at Corvil . “IT performance monitoring underpins the successful execution of business operations. This release represents a major advance in bringing integrated business intelligence and IT performance into closer alignment.”

[Read: Real-Time Monitoring Solution Gives More Control For HFT]

The release also includes a business value dashboard, auto-detections and configuration for application protocols, enhanced matric switch support, business alerting and enhanced graphic under interface reporting capabilities. Over 40 customers deployed early versions of the release.

Zarna Patel is a staff writer for InformationWeek's Financial Services brands, which include Bank Systems & Technology, Insurance & Technology and Wall Street & Technology. She received her B.A. in English and journalism from Rutgers University College of Arts and Sciences in ... View Full Bio

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IvySchmerken
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IvySchmerken,
User Rank: Author
11/8/2013 | 3:03:00 PM
re: CorvilNet Releases New IT Monitoring Solutions
Yesterday's Twitter IPO went off without a glitch at the NYSE, which practiced beforehand. Worth noting this IPO included humans managing the process, so it wasn't automated.
donals_corvil
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donals_corvil,
User Rank: Apprentice
11/7/2013 | 7:16:40 PM
re: CorvilNet Releases New IT Monitoring Solutions
Hi Ivy, yes, monitoring from Corvil or other on-the-wire monitoring can certainly play a role in identifying current problems or emerging conditions that may cause problems later. I think it is fair to say that exchanges and other market participants are taking these issues seriously and paying a lot of attention to performance monitoring solutions and other measures that can help to avoid these types of glitches in the future.
IvySchmerken
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IvySchmerken,
User Rank: Author
11/6/2013 | 5:21:09 PM
re: CorvilNet Releases New IT Monitoring Solutions
Thank you, Donal. I am sure to reach out to you for more information. With all the market technology malfunctions occurring lately, can exchanges use this this type of monitoring to identify problems with other venues or feeds outside?
donals_corvil
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donals_corvil,
User Rank: Apprentice
11/6/2013 | 4:02:51 PM
re: CorvilNet Releases New IT Monitoring Solutions
Hi Ivy,
Yes, CorvilNet does full monitoring at network, application and transaction layers. It can monitor network information like microburst, congestion, TCP statistics, as well as one-way latency and loss. Please feel free to contact me if you would like to discuss further. Donal

(Apologies for partially completed anonymous response earlier.)
anon2629989283
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anon2629989283,
User Rank: Apprentice
11/6/2013 | 3:35:47 PM
re: CorvilNet Releases New IT Monitoring Solutions
Hi Ivy,
Yes, CorvilNet does full monitoring at network, application and transaction layers.
IvySchmerken
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IvySchmerken,
User Rank: Author
11/5/2013 | 11:15:42 PM
re: CorvilNet Releases New IT Monitoring Solutions
Operational risk has been a top concern with the spate of market wide technology glitches. Is CorvilNet's real time monitoring platform something that can be deployed by exchanges to manage their network interfaces with other venues?
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