Decode every message. Understand every trade.

Corvil Decoders translate raw market-data and order-entry packets into structured, searchable intelligence, giving your teams the context to investigate, triage, and optimize at the speed of markets.

What are Corvil Decoders?

Corvil Decoders are specialized software modules that translate raw market data and order entry packets into structured, searchable intelligence. They bridge the gap between binary wire data and operational insight, exposing key fields, message types, and latency context across 600+ decoders at scale.

By the numbers

600+: Decoders out of the box: FIX, ITCH, OUCH, binary feeds and more

5: Pack types: Transaction, Market Data, Voice Analytics, Enterprise and Beta

0μs: Performance overhead: passive tap capture with zero impact on trading latency

Global: Exchange coverage across all major venues and dark pools worldwide

Protocol coverage

Coverage

Order Entry

FIX 4.x/5.x and native binary (exchange-specific). Exposes Order IDs, Client IDs, Price, Side, and latency timestamps for complete lifecycle tracking, from new order to execution acknowledgment.

Market Data

Direct exchange feeds and aggregator feeds including ITCH, OUCH, and binary formats. Exposes sequence numbers, gap detection, and tick-to-trade correlation across venues.

Custom Protocols

SDK and Plugin architecture for proprietary or internal protocols. Extend coverage without waiting for vendor releases: decoded fields integrate natively with Analytics dashboards.

How it works

From deployment to insight in under 30 minutes

01

Deploy sensors

Install capture agents at key network points. Zero configuration needed: analytics begin immediately on connection.

02

Stream to analytics

1-second granular metrics flow into the analytics engine. Anomaly detection begins without any manual tuning.

03

Investigate and prove

Drill from dashboard anomaly to suspect flow to packet evidence in three clicks. Export PCAP for stakeholders.

04

Report and remediate

Structured reports for compliance, SLA validation, and vendor accountability, all generated automatically.

Decoder library

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Frequently asked questions

Ready to decode your trading infrastructure?

Talk to our team to see how Corvil Decoders can turn raw packet data into actionable intelligence for your trading operations.