Trading Analytics

Corvil Analytics for Trading gives banks, brokers, exchanges, market makers, and quant firms an independent, network-derived record of every order, tick, fill, and packet — captured with nanosecond precision and no application overhead. Use it to protect order flow, prove execution quality, resolve incidents faster, reduce operational risk, and turn trading infrastructure data into business insight.

Every order, every tick, every fill, for every client, venue, and hop across asset classes

600+ decoders with SDK for custom protocol development

Captured directly from the network: no application changes, no agents, no latency overhead

AI-ready APIs: Integrate enriched trading and network data with agents, observability platforms and data warehouses

What is Corvil Trading Analytics?

Corvil Trading Analytics provides a network-derived golden source of truth for electronic trading. By capturing and decoding in real-time every order, tick, fill, and packet directly from the network with nanosecond precision (without application instrumentation or latency overhead), it reconstructs a complete, time-synchronized view of the full trading lifecycle. The modular architecture lets you invest as required, from high-speed network capture through real-time network analytics to layer 7 application analytics with machine learning anomaly detection, so exchanges, banks, brokers, and quant firms can assure performance, resolve issues faster, and prove service quality.

Who uses Corvil Trading Analytics?

Brokers

  • Protect order flow and client trust with packet-level proof of every execution

  • Trace every parent and child order across gateways, SORs, and venues

  • Answer best-execution questions with evidence, not conflicting logs

  • Independent view of order and session state during outages, restarts, and degraded application conditions

  • Cut MTTR with one trusted dataset shared across teams

Market Makers

  • Catch performance degradation before it erodes alpha

  • Measure tick-to-order latency with nanosecond precision

  • Compare execution across venues, paths, and strategies

  • Trusted time-synced data for quantitative market microstructure analysis

  • Stay inside exchange order-to-trade ratio (OTR) limits while quoting aggressively

Exchanges

  • Protect market confidence with an independent record of venue performance

  • Give members defensible evidence of execution and market-data quality

  • Monitor matching-engine latency and feed dissemination in real time

  • Surface fair-access and speculative-triggering violations

  • Keep an audit-ready, time-synchronized trail of every transaction

Infrastructure Providers

  • Differentiate with packet-level proof of performance

  • Assure latency SLAs on critical services like market-data distribution

  • Resolve client queries fast with evidence, not finger-pointing

  • Real-time latency monitoring and alerting, from WAN to switch hops

  • Upsell higher-grade services and bandwidth with independent quantitative data

Foreign Exchange

  • Cut the risk of trading off stale quotes and arbitrage exposure

  • Settle liquidity-provider disputes with packet evidence

  • Give clients full transparency into the order lifecycle

  • Optimize latency across key infrastructure components

  • Resolve service issues faster and reduce outage risk

Fixed Income

  • Answer desk and customer order inquiries faster

  • Analyze customer order behavior across RFQ flow

  • Reduce leg risk and catch hung orders in real time

  • Hold technology vendors to account on performance

  • Defend audits with time-synchronized order data

Risk & Compliance

  • Independent, time-synced, audit-ready record of trading activity

  • Lower operational and compliance risk during outages

  • Monitor time distribution availability, stability and traceability to UTC

  • Reduce time to resolution for best execution, market abuse, and data integrity investigations

  • Reduce risk with baselining and anomaly detection to surface issues fast

Platform components

Corvil Center

Corvil Center allows you to efficiently manage extensive Corvil deployments, giving a comprehensive, real-time view of network-delivered applications, services, and businesses. It provides a centralized access point to oversee and control all your Corvil Analytics appliances.

Corvil Sensor

Corvil Sensor extends packet-level visibility to a wide variety of environments without physical appliances and without packet brokers. Architected for deployment flexibility, the lightweight agent is pre-configured and packaged for automated deployment in virtual servers and desktops within seconds.

Corvil Connectors

Corvil is an open data system providing API access to all analytics, trading and market data messages and the underlying packets. The Streaming Data API supports a growing library of Corvil Connectors enabling streaming Corvil data directly from the network packets into your chosen big data solution.

Corvil APIs & SDK

Corvil API and Corvil's SDK allow organizations to integrate, automate, and customize Corvil to meet the specific infrastructure needs of various stakeholders. The Corvil API facilitates programmatic access and automation of Corvil's data, analysis, and features.

Corvil Decoders

Corvil Analytic Plug-ins decode and analyze protocols and applications on the network in real-time, transforming that real-time, indexed information about business outcomes, customer experience, infrastructure performance, and user activities.

Corvil AppAgent

Corvil App Agent is built to provide precise visibility of application events with minimal overhead. It comes as a software library featuring a simple API, example code, and comprehensive documentation. Integration is straightforward with minimal dependencies, supporting C, C++, and Java.

Corvil Actions

Corvil Actions are automated capabilities, available as contextual menu options, enabling users to quickly and easily perform workflow-specific tasks and display additional visualizations.

Corvil Intelligence Hub

Corvil Intelligence Hub is the real-time, independent record of execution. Intelligence Hub observes transaction flow independently and aligns every event to a single, nanosecond-accurate time reference, a shared, provable record used across trading, engineering, operations and client engagement.

Frequently asked questions

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.

See Corvil Analytics for Trading in action

Talk to a Corvil specialist about building a golden source of truth for your electronic trading.