DUBLIN, IRELAND, April 04, 2019 – Corvil, the leader in performance monitoring and analytics for financial markets, has been named winner of the “Best Predictive Analytics Solution” award and the “Innovation Award for Analytics” by FinTechBreakthrough, in recognition of the visibility and insights it provides to assure the delivery, performance and compliance of Financial Markets electronic businesses.
In today’s fast-moving, hyper-competitive financial markets, those with the best information who can react fastest to ever-changing market conditions have an advantage. That advantage depends on the ability to deliver real-time, actionable analytics and intelligence into client and trader experience, infrastructure and systems performance, as well as execution quality.
As the gold standard network analytics platform for top-performing banks, brokers, trading firms, and stock exchanges, Corvil has a twenty-year track record of extracting technology and transaction performance intelligence from dynamic network environments. Its streaming analytics platform provides insight from the network to empower electronic trading businesses to operate with full transparency, achieve superior execution outcomes, and deliver trusted data for regulatory compliance and risk management.
Applying machine learning and artificial intelligence to machine-time data, Corvil identifies anomalies in client, system, and venue/counterparty performance, empowering customers to take action sooner to preserve and optimize trading performance.
These awards recognize Corvil’s unmatched ability to both provide the rich, machine-time data source and perform the correlation between trade outcomes and systems performance. This analysis enables trading desks and trading technology teams to improve the effectiveness of their algorithms and routing decisions as well as optimize their infrastructure for more effective execution.
“Corvil’s innovation in the analytics space is a true industry breakthrough that continues to progress insight-powered performance for its customers. Its AI and machine learning advancements have yielded impressive capabilities that bring clarity to the complexity of how financial markets firms see, manage, and improve their execution, client experience, and operations,” said James Johnson, Managing Director, FinTech Breakthrough. “We’d like to congratulate the Corvil team on their success in the past year and we are thrilled to name them a marquee 2019 FinTech Breakthrough Award winner.”
Amidst the complex, competitive and evolving trading environment with new technologies, regulations, volatility, risks, Corvil has maintained a strong track-record in anticipating the needs of Financials Markets and supporting these businesses with new technology advancements to deliver the trading intelligence that precipitates the agility and predictability required to excel.
“We are delighted the insight and intelligence we provide to improve trading performance continues to garner industry recognition,” said David Murray, Chief Marketing and Business Development Officer, at Corvil. “We are committed to continuous innovation that delivers operational efficiencies as well as maximizes the quality of execution to improve return on investment for our customers.”
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2019 FinTech Breakthrough Award program attracted more than 3,500 nominations from across the globe.
In recent months Corvil's industry recognition includes: "2019 RegTech 100 List" of World's Most Innovative Technologies; “Best Trading Infrastructure Monitoring Platform” in A-Team Group 2019 TradingTech Insight Awards as well as "Leader" in Software Reviews 2018 Network Monitoring Data Quadrant.
Pico is a leading provider of technology services for the financial markets community. Pico provides a best-in-class portfolio of innovative, transparent, low-latency markets solutions coupled with an agile and expert service delivery model. Instant access to financial markets is provided via PicoNet™, a globally comprehensive network platform instrumented natively with Corvil analytics and telemetry. Clients choose Pico when they want the freedom to move fast and create an operational edge in the fast-paced world of financial markets.
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