Corvil Analytics is Pico's network-derived analytics platform for financial markets. By capturing packet data directly from the network (without agents, application changes, or latency overhead), it creates one independent, time-synchronized golden source of truth. The same trusted dataset serves both electronic trading (every order, tick, and fill across the trading lifecycle) and enterprise observability (network and application performance across critical services), giving trading, operations, compliance, and engineering teams a shared record of what actually happened.
Data & Analytics
A network-derived golden source of truth that serves both electronic trading and enterprise observability. One independent, packet-level record, trusted by global banks, exchanges, and quantitative funds.
Independent visibility captured directly from the network: no agents, no application changes, no latency overhead, up to 200Gbps
ML/AI-powered anomaly detection that surfaces issues before they impact trading or critical services
RegNMS, MiFID II, and CAT compliance with nanosecond timestamping
600+ decoders with AI-ready streaming to Elastic, Splunk, and Kafka
What is Corvil Analytics?
How Corvil Analytics works
Independent visibility captured directly from the network (no agents, no application changes) turns raw packets into a real-time, machine-learning-driven source of truth shared across trading, operations, and engineering teams.
Transformative Cost Savings
The only platform delivering 200Gbps sustained capture and analytics, reducing the cost of packet analysis by up to 3x while consolidating multiple point tools into one trusted source.
Proactive Network Intelligence
ML/AI-powered anomaly detection correlates and describes key changes in behavior before they impact trading or critical services.
Real-Time Analytics
In-memory analytics process traffic as it is captured (before packets are written to disk), delivering 1-second metrics for congestion, TCP retransmissions, round-trip times, and errors.
Empower Every Stakeholder
Self-service dashboards, API access to packets, and AI-ready streaming into observability platforms (Elastic, Splunk, Kafka) give every team one shared, independent dataset.
One Platform for Trading and Enterprise
Corvil Analytics captures activity directly from the network with lossless packet capture and deep protocol decoding, creating a network-derived golden source of truth across complex environments. Independent of agents and application changes, it gives trading, operations, and engineering teams rich, time-stamped visibility into applications, market data, and networks. Learn more about Corvil Analytics
Corvil Analytics for Trading turns network activity into a golden source of truth for electronic trading: every order, tick, and fill, for every client, venue, and hop. As trading environments grow more fragmented across venues, protocols, and third-party platforms, Corvil reconstructs a complete, time-synchronized view of the full trading lifecycle without application instrumentation. Learn more about Trading Analytics
Corvil Analytics for Enterprise extends the same network-derived golden source to enterprise observability. By passively analyzing traffic without agents or application changes, the platform turns packet data into real-time network and application intelligence shared across NetOps, AppOps, SecOps, and service teams, and streams it into observability platforms and AI-ready pipelines. Learn more about Network Analytics
Who uses Corvil Analytics?
Segments
Benefits
Segments
Brokers
- Prove execution quality to clients with independent, packet-level evidence, and eliminate performance blind spots across the trading lifecycle.
Segments
Exchanges
- Protect market confidence with an independent record of venue performance, member experience, and market-data quality, for faster issue resolution and audit-ready evidence.
Segments
Quant Funds / Market Makers
- Nanosecond-precise visibility into every tick, order, and hop: measure latency from market data to order response and turn production activity into research-ready datasets.
Segments
Compliance
- Independent, time-synchronized evidence for RegNMS and MiFID II with nanosecond timestamping and NIST-traceable audit trails.
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Network Operations
- Move from inference to evidence: real-time packet-derived visibility at up to 1/3 the cost, with proactive ML/AI anomaly detection.
Segments
FX Trading
- Optimize FX trading apps and prevent stale quotes, while reducing blame with liquidity providers using packet evidence.
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Fixed Income
- Visibility into RFQ hit rates and counterparty performance with trade platform analytics to improve execution and reduce risk.
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Digital Assets
- Insight into cryptocurrency trading performance and compliance, with risk management for digital asset trading infrastructure.
What does the Corvil Analytics technology ecosystem include?
Explore the full Corvil Analytics ecosystem, from analytics solutions and platform technology to compliance and services.
Analytics solutions
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Trading Analytics
Corvil Analytics for Trading: a network-derived golden source of truth for electronic trading. Capture every order, tick, and fill with 600+ decoders, multi-dimensional analysis, and nanosecond precision. -
Network Analytics
Corvil Analytics for Enterprise: a golden source of network truth. Captures packets at 5Gbps to 200Gbps sustained (no packet loss) and computes 1-second analytics so NetOps, AppOps, SecOps, and IT leadership can resolve issues faster, consolidate tools, and prove root cause with packet-level evidence. -
Market Data Analytics
Real-time market data quality and performance analytics powered by Corvil. Monitor feed latency, detect gaps, track data delivery across infrastructure, and measure algo response time with nanosecond precision. -
VoIP Analytics
Scalable real-time visibility of VoIP performance: monitor up to 20,000 concurrent calls per appliance with MOS scoring, call lifecycle tracking, and packet-level troubleshooting. -
Intelligence Hub
The real-time, independent record of execution. See exactly how every order executed, across every system, as it happened, with zero impact on trading systems.
Technology
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Corvil Appliances
The Corvil 12000 sets a new benchmark, doubling speed, scale, and intelligence for AI-ready network observability pipelines. -
Corvil Decoders
Decode market-data and order-entry protocols (FIX, Binary, ITCH/OUCH) into searchable intelligence. Bridge the gap between packet evidence and operational insight. -
Corvil Center
A single point of access to manage, search, and administer large-scale Corvil Analytics deployments, remotely controlling up to 600 appliances with global search, side-by-side analytics, and nanosecond drilldown. -
Corvil Sensor
Seamless packet-level visibility and analytics for virtual and cloud environments: lightweight agent deploys in seconds without physical appliances or packet brokers. -
Corvil APIs & SDK
Integrate, automate, and extend Corvil Analytics: open APIs for data sharing, streaming event triggers, custom decoders, and forensic packet export. -
Corvil Connectors
Stream real-time Corvil analytics data to Splunk, Elastic, Kafka, kdb+, Hadoop, and more, simplified integration with no software development required. -
Corvil AppAgent
Low-overhead precision visibility of application events: Up to 20M events/sec per host with nanosecond timestamps, supporting C++, C, and Java for multi-hop wire-app-wire latency measurement. -
Corvil Actions
Corvil Actions are automated, in-context capabilities that turn Corvil insight into action, accelerating infrastructure operations workflows with one-click tasks and richer visualizations. -
Network Capture
Market-leading network capture platform optimized for trading environments: up to 100Gbps with compression, encryption, deep buffering, and industry-leading price/performance.
Compliance
Services
The packets don't lie.
One golden source of truth (captured directly from the network, independent of agents and applications) for both electronic trading and enterprise observability.
Frequently asked questions
A network-derived golden source of truth for financial markets: one independent, packet-level record that serves both electronic trading and enterprise observability, trusted by global banks, exchanges, and quantitative funds.
Get one golden source of truth for your operations
Talk to a Corvil Analytics specialist to see how independent, packet-level intelligence can transform trading and enterprise operations.
