Nasdaq GlobeNewswire

Corvil Wins Best Time Synchronisation Solution at A-Team Group's RegTech Awards 2018

Del

Corvil's UTC Traceability solution for MiFID and CAT compliance recognized for its innovation and value in accelerating customer compliance with emerging regulations

DUBLIN, Ireland, May 04, 2018 (GLOBE NEWSWIRE) -- Corvil continues to be recognized as the "gold-standard" for machine-time analytics, achieving the "Best Time Synchronisation Solution" award in the A-Team Group's RegTech Awards 2018, for its Coordinated Universal Time (UTC) Solution for MiFID and CAT Compliance.

Regulatory bodies have turned to time precision and integrity as a critical dependency for  providing transparency, auditability, and accountability for algorithmic business such as digital financial transactions, including electronic trading.   Under MiFID II and incoming Consolidated Audit Trail (CAT) rules, market participants must establish, demonstrate and maintain clock synchronization with a Coordinated Universal Time (UTC) source to a high degree of accuracy.  

Corvil's UTC Traceability solution watches over clock synchronization integrity to assure compliance and reduce regulatory tail risk.   Furthermore, it demonstrates the firm's ability to excel in agile innovation and build cost-effective solutions to extend its business and operational value to help customers respond to evolving regulatory regimes.

"We have long seen precision time-handling as the basis for establishing causality for forensics as well as accurate business transaction analysis, network and application performance management, and cyber-security," said Raymond Russell, Corvil's co-founder and CTO.   "Our core platform's handling of time, short time-scale analysis, and identification of clock synchronization status by message not only provide a key asset for current and future regulatory compliance, but is proving a minimum requirement for effective digital business, cyber surveillance, and AI Ops."

Corvil has a nearly 20-year history of shaping trading and algorithmic business technology through transforming network data into intelligence for execution performance, client intelligence and experience, regulatory compliance and cyber risk surveillance.  The firm's industry-leading precision in nanosecond time-stamping of every reportable event in a transaction's lifecycle goes well beyond current regulatory requirements. 

Providing a solution to likely address future tightening of clock synchronization and timestamping requirements, Corvil Analytics delivers a robust, long-term solution for customers.   This forward-looking capability, Corvil's de facto industry standard solution for trade performance monitoring, as well as automated daily and on-demand reporting for compliance and business teams are among the differentiators that have propelled Corvil's RegTech success.  Today, Corvil proudly counts almost every major stock exchange and global bank as a customer.

"We are pleased to congratulate Corvil on their prestigious RegTech Awards 2018 win," said Laurie McAughtry, Editor at A-Team Group.  "Our readership of senior trading technology executives clearly recognized Corvil's contributions to their operational, business, and compliance solutions in voting Corvil as the leading provider of Best Time Synchronisation Solution."

"We are delighted with the recognition of our UTC Traceability Solution from our peersMiFID II and CAT are significant not only to the world of finance but to the wider business landscape as they represent a new era of digital algorithmic and AI oversight through the lens of machine-time, - where faster and smarter machine technology operates autonomously at nanosecond speed," said David Murray, Chief Marketing and Business Development Officer at Corvil.  "Our expertise in this  new reality of time , puts us in a strong position to address future regulatory rules as well as apply our RegTech capabilities to other algorithmic and AI powered businesses."

Corvil's strong performance in empowering firms with insight into client and trader intelligence, market data quality, order and transaction performance as well as technology performance to optimize execution, continues to garner peer recognition.  In the past 12 months the firm achieved "Best Time-Stamping / Infrastructure Performance Monitoring" at Intelligent Trading Technology Awards 2017; "Best Financial Transaction Security Platform" in 2018 FinTech Breakthrough Awards while Institutional Investor recently named Corvil CEO, Donal Byrne, among world's top 25 Innovators in trading technology.

About Corvil
Corvil is the industry leader for deriving Security, Operational, and Business intelligence from network data. As companies adopt faster and smarter machine technology, it becomes critical to tap into richer and more granular machine data sources to safeguard the transparency, performance and security of critical infrastructure and business applications. The Corvil streaming analytics platform captures, decodes, and learns from network data on the fly, transforming it into machine-time intelligence for network, IT, security and business teams to operate efficiently and securely in this new machine world. Corvil uses an open architecture to integrate the power of its network data analytics with the overall IT ecosystem providing increased automation and greater operational and business value outcomes for its users. The Corvil solution is trusted by leading financial institutions to safeguard their businesses across the globe involving 354 trillion messages with a daily transaction value in excess of $1 trillion.

Learn more about Corvil: Corvil.com | Twitter | LinkedIn

Media Contact
Press Office at Corvil
+353 1 859 1040
pressoffice@corvil.com

A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/b1fcbd60-7b75-44f0-b25d-40b32fb0c975




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Corvil via Globenewswire

Om Nasdaq GlobeNewswire

Nasdaq GlobeNewswire
Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

+1 212 401 8700http://www.nasdaqomx.com

NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.

Følg saker fra Nasdaq GlobeNewswire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Nasdaq GlobeNewswire

GlobeNewswire Test Release19.5.2018 07:00Pressemelding

LOS ANGELES, May 18, 2018 (GLOBE NEWSWIRE) -- This is a test from GlobeNewswire. Readers are advised to disregard. TESTING -- TESTING -- TESTING -- TESTING -- TESTING -- TESTING -- TESTING -- TESTING – -END- CONTACT: Karen Yu Director, GlobeNewswire Product Management Direct: +1 310 258 6917 Mobile: +1 626 389 7427 or Magali Rolandez Senior Manager, Media Relations/Content Distribution Europe Direct: +44 (0) 203 753 2215 Mobile: +44 (0) 7785 619 539

BK Ultrasound, Powered by Analogic, Launches bkSpecto Ultrasound System for Urology at the 2018 American Urological Association Annual Meeting18.5.2018 23:23Pressemelding

PEABODY, Mass., May 18, 2018 (GLOBE NEWSWIRE) -- Analogic Corporation (Nasdaq:ALOG), enabling the world's medical imaging and aviation security technology, today announced that it will launch the bkSpecto(TM) ultrasound system at the 113th AUA (American Urological Association) Annual Meeting, May 18-21, in San Francisco. bkSpecto-taken from the Latin word Specto, meaning 'I see'-is BK Ultrasound's all-new ultrasound platform designed for clinical practices. bkSpecto combines BK's advanced auto-optimization algorithms with faster processing to render exceptional anatomical imaging detail with minimal manual adjustment by the user. The system has a unique glass touch-based interface using BK's Tru-Sense(TM) technology to provide 'sightless navigation.' The interface enables tactile feedback with or without gloves, providing an intuitive, self-guided user experience. The interface is also customizable, enabling personalized and faster user workflows. The small footprint of bkSpecto makes

Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid18.5.2018 12:55Pressemelding

TORONTO, May 18, 2018 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE:BAM) (TSX:BAM.A) (EURONEXT:BAMA) ("Brookfield") today announced it has received approval from the Toronto Stock Exchange ("TSX") for the renewal of its normal course issuer bid to purchase up to 82,315,909 Class A Limited Voting Shares ("Class A Shares"), representing 10% of the public float of Brookfield's outstanding Class A Shares. Purchases under the bid will be made through the facilities of the TSX, the New York Stock Exchange ("NYSE") and any alternative Canadian trading system. The period of the normal course issuer bid will extend from May 24, 2018 to May 23, 2019, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Class A Shares purchased. As at May 1, 2018, the number of Class A Shares issued and outstanding totalled 991,857,711, of which 823,159,095 shares represented the public float. In accordance with the rules

Skybox Security and Exclusive Networks Announce New Partnership for Middle East Distribution of the Skybox Security Suite17.5.2018 18:41Pressemelding

The cybersecurity management platform ensures networks remain secure and compliant as organisations migrate to cloud and merge networks SAN JOSE, Calif., May 17, 2018 (GLOBE NEWSWIRE) -- Skybox(TM) Security, a global leader in cybersecurity management, announced today a new partnership with Exclusive Networks for distribution of Skybox solutions in the Middle East, including the Gulf Cooperation Council (GCC) region and Egypt. Exclusive Networks will deploy and service the Skybox(TM) Security Suite, a broad security management platform that provides comprehensive attack surface visibility and enables unified vulnerability management and firewall/security policy management across an organization's entire network, including in physical, multi-cloud and OT environments. "Driven by government outlays (with oil, gas and defence industries leading the charge), Middle East organisations are looking for trusted security advisors who can navigate digital transformations and reduce risks - espec

Dermatological Symposium Tackles the Effects of Pollution on Skin17.5.2018 16:03Pressemelding

Researchers Present Compelling Evidence Showing the Effects of Pollution on Skin Health at Symposium Sponsored by Mary Kay Inc. DALLAS, May 17, 2018 (GLOBE NEWSWIRE) -- Mary Kay Inc. announced four keynote speakers for its symposium to be held during the prestigious International Investigative Dermatology (IID) Meeting on May 16 to 19, 2018 in Orlando, Florida. The IID meeting occurs once every 5 years, and brings together scientists from across the globe, highlighting the latest in cutting edge science in dermatology. The Mary Kay sponsored Symposium features four global experts including Dr. Liang Liu, Assistant Professor of Dermatology, Columbia University; Dr. Max Costa, Professor and Chairman of the department of Environmental Medicine, New York University School of Medicine; Dr. Jean Krutmann, Chair of Environmental Medicine at the Medical Faculty of Heinrich Heine University Düsseldorf and Director of the Leibniz Research Institute of Environmental Medicine in Dusseldorf, German

Talend Opens Nomination Period for Data Masters Awards17.5.2018 14:21Pressemelding

Annual Program Showcases Customers' Innovative Use of Cloud Technologies for Digital Transformation REDWOOD CITY, Calif., May 17, 2018 (GLOBE NEWSWIRE) -- Talend (NASDAQ: TLND), a global leader in cloud and big data integration solutions, officially opened the submission period for its fourth annual Data Masters Awards. This program celebrates companies using Talend solutions in innovative, forward-thinking ways to put more data to work and enable more informed and impactful business decisions. Organizations interested in nominating a project can complete an official entry form here. Finalists will be chosen from Talend's more than 1,500 global customers representing large enterprises and private firms across all major industries including banking and insurance, consumer goods, healthcare, manufacturing and retail. Past award recipients include some of the world's best-known brands including: AIG, Air France/KLM, Beachbody, Citi, Credit Agricole Consumer Finance, GE Healthcare, HERMES

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom