LONDON and NEW YORK, July 2, 2012 /CNW/ - Corvil, a provider of latency management systems for global financial markets, today announced the launch of the Corvil Certified Latency Management Engineer (CCLME) program. This program provides formal certification in latency management for electronic trading and is a first in the industry.
The program, designed for professionals who work in the electronic trading industry, will provide education on the best practice techniques for managing latency and performance across trading applications and infrastructure. It was developed by Corvil using its experience in over 100 complex environments covering the buy-side, sell-side, service provider and trading venues.
The program syllabus includes:
- Transaction flow, including order lifecycle, multi-hop analysis, fill rate, gateways, SORs, order to tick, and tick to order.
- Market data, including microburst analysis, gap detection, A vs. B feed latency, native vs. consolidated feed latency, embedded timestamps.
- Network performance, including Service Provider SLA reporting, firewall and switch latency, link sizing.
"The cost and complexity of electronic trading environments has grown rapidly in the last few years, and this has driven demand for skills and expertise in many new technology areas" said Donal O'Sullivan, Vice President of Product Management at Corvil. "Candidates who successfully complete the certification program will be armed with the state of the art techniques and technologies in the industry, and know how to leverage them for the monitoring and management of trading infrastructure within their respective business."
The first certification programs are scheduled for July and will run continuously thereafter. Applications are now being accepted. Further information is available at http://www.corvil.com or by contacting your Corvil sales representative.
Corvil is a provider of Latency Management systems for global financial markets. The company was founded in 2000 and operates from New York, London, Singapore, Tokyo and Dublin. Customers use Corvil for precision monitoring, troubleshooting and reporting of performance for their trading applications and networks. In addition, Corvil's products are used to demonstrate latency compliance and transparency of services such as co-location, direct feeds and Direct Market Access (DMA) offered to trading clients. For more information on Corvil, please visit http://www.corvil.com