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Metamako and Velocimetrics provide analytics & MiFID compliant timestamping

First Published 1st November 2017

Joint solution combines Metamako's hardware devices and Velocimetrics' analytics solution

New York, London and Sydney - Metamako and Velocimetrics have announced a collaboration. Metamako's low-latency, FPGA-enabled network devices will deliver data capture and precision timestamping; Velocimetrics' VMX monitoring software will consume and analyse the 'raw' data to enable financial institutions to measure, monitor and gain insight into their business/trade flows.

The solution will provide a complete audit trail and combine and rationalise many components, typically used in the process of building-out network centric analytics, reducing the TCO (Total Cost of Ownership).

Key features include:

  • Ability to remove several network components and timestamp on the network.
  • Reduced TCO - Metamako devices consolidate tapping, media conversion, packet capture, timestamping and aggregation.
  • Ability to monitor a significantly higher number of ports at a much lower cost.
  • The joint offering provides lossless data capture by leveraging deep buffers.
  • Greater flexibility and configurability - the software-defined nature of the Metamako devices allow for easy reconfiguration and dynamic patching of data flows.
  • Regulatory compliance beyond what is required by MiFID II, RTS 25 through nanosecond-precision timestamping.