Consolidated Audit Trail (CAT)

Corvil's NIST Traceability Solution delivers an independent, continuous assessment and record of clock synchronization integrity compared to the NIST reference. It monitors in real time, alerts operations teams to any loss or disruption of synchronization, and automatically identifies orders whose timestamp accuracy may be suspect, providing records for closer examination, auditability, and regulatory reporting.

No. Corvil gathers reportable event data non-intrusively by passively tapping network packets. This minimizes the need to retrofit trading systems to meet regulatory demands. One investment firm reduced risk and accelerated their compliance timeline by three months by deploying Corvil to replace bespoke and manual processes dependent on system logging.

Corvil addresses SEC Rule 613 and the CAT NMS Plan timing requirements. Nanosecond precision addresses current requirements and future-proofs against more stringent regulatory rules that may require sub-millisecond timestamp accuracy.

Corvil monitors clock synchronization in real-time and automatically identifies orders whose timestamp accuracy may be suspect due to synchronization drift or disruption. These records are flagged for closer examination and included in compliance reports for regulatory auditability.

Yes. Corvil automatically generates compliance reports that document clock synchronization status, timestamp integrity, and any orders flagged for review. This reduces the time, cost, and risk associated with manual regulatory reporting processes.

Yes. Corvil Connectors stream compliance data to Splunk, Elastic, kdb+, and JDBC databases for integration with existing compliance infrastructure. The Corvil API provides programmatic access for custom compliance workflows and automated reporting pipelines.