Trading Analytics

A network-derived golden source of truth for electronic trading, used by the world's financial markets to assure trading performance, resolve issues faster, and prove service quality.

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

Multi-dimensional analysis and ML correlation with Corvil Intelligence Hub

What is Corvil Trading Analytics?

Corvil Trading Analytics provides a network-derived golden source of truth for electronic trading. By capturing 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

  • Stay live through outages and restarts with Intelligence Hub

  • 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

  • Spot feed gaps, microbursts, and integrity issues in real time

  • 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 with evidence, not finger-pointing

  • See all client activity and infrastructure health in real time

  • Upsell higher-grade services on evidence of need

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

  • Read customer intent and order behavior across RFQ flows

  • Reduce leg risk and catch hung orders in real time

  • Hold technology vendors to account on performance

  • Defend audits with time-synchronized order data

Compliance

  • Flag intraday compliance risks before they escalate

  • Capture NIST-synced order data for Consolidated Audit Trail (CAT) with minimal effort

  • Simplify transaction capture and record-keeping for MiFID II

  • Keep an independent, queryable record of order activity

  • Record nanosecond-accurate data traceable to UTC/NIST

Digital Assets

  • Bring the same speed, precision, and transparency as traditional markets

  • Oversee every order and market-data tick across all client connections

  • Resolve client disputes fast with full order-and-response visibility

  • Trace the full order lifecycle and measure latency with nanosecond precision

  • Instrument internal workloads with Corvil AppAgent for stage-level latency

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.