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"Why OPNET’s Acquisition of Network Physics’ Technology Should be a Brilliant Move"
by Enterprise Management Associates
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"This is a must-have! We want to be able to identify clients that are
generating high-volumes of FIX messages but low trades - they will be
warned/charged additional dollars."

IT Manager
Large International Stock Exchange

crayola Case Study

Financial Information eXchange (FIX)
Protocol Monitoring with ACE Live™

The Financial Information eXchange ("FIX") protocol is a series of messaging specifications for the electronic communication of trade-related messages. Virtually every major stock exchange and investment bank uses FIX for electronic trading, as do the world's largest mutual funds and money managers and thousands of smaller investment firms. Given the critical nature of messaging and the FIX protocol in executing financial transactions, trading organizations need a way to effectively monitor and troubleshoot application performance in real-time and identify the source of the problem before it adversely affects the business.

ACE Live extends its real-time monitoring and troubleshooting capabilities to support the FIX protocol. The ACE Live FIX Protocol Monitoring Module correlates round-trip time of trades and throughput of applications in a single dashboard to easily isolate performance problems and identify the root-cause. The ACE Live FIX Protocol Monitoring module includes all of the benefits of the ACE Live hardware appliance with the additional functionality to monitor and analyze the FIX protocol.

Financial Information eXchange Protocol Monitoring
Quickly identify trades with the longest Round Trip Times (RTT) and isolate the performance problem to the specific trade and customer (Click on the image to enlarge)

Key Features

  • Software module that runs on the ACE Live hardware appliance
  • Network-based, passive monitoring solution that creates no additional load on servers
  • Monitors and automatically alerts on financial trades that do not execute in a specified timeframe
  • Reports and identifies trades by order, company, symbol, RTT, execution time, IP, business group or any combination thereof
  • Displays a trade ladder to automatically identify the time period to accept, execute, and complete the trade
  • Integrates with ACE Analyst to identify dropped/retransmitted packets of problematic trades for detailed root-cause analysis
  • Retains aggregated data for historical analysis

Benefits:

  • Realize the competitive advantages of your technology infrastructure with proactive monitoring and alerting of FIX trades
  • Troubleshoot and resolve FIX performance issues in real-time before they affect the business
  • Utilize a single solution for both market operations and IT to track the number and performance of trades and orders