Thomson Reuters and ITRS Join Forces for Infrastructure Management and Monitoring
(Thomson Reuters ONE) -
Providing Real Time Performance Monitoring of Mission Critical Trading
Infrastructure
New York, 27 June, 2011 - Thomson Reuters has teamed with ITRS Group, a leading
provider of real-time systems management technology, to deliver real-time
visibility and performance monitoring of a financial firm's market data, trading
and risk management infrastructure. This capability enables Thomson Reuters
Enterprise Platform and Elektron customers to reduce the total cost of ownership
and the complexity of managing their distributed applications.
Globally financial firms are challenged by the growing cost and complexity of
running high-performance trading infrastructures, as well as the increased
regulatory pressure to manage the operational risk of potential systems outages.
They also need the ability to quickly identify critical issues and to
distinguish between problems within the business, external to the enterprise,
and at co-located, hosted sites.
To address this requirement, Thomson Reuters and ITRS are collaborating to
provide enterprise-wide monitoring and management capabilities for multiple
trading and risk applications, along with the data and infrastructure solutions
that power them, delivering vital intelligence on operational performance for
mission-critical systems.
The capability provides real-time visibility into the performance of the Thomson
Reuters Enterprise Platform for Real-Time, and includes features such as
automated load balancing tools to ensure continuous systems optimization.
Thomson Reuters will also evolve the service to offer the same detailed systems
management support for its Elektron Hosting environment.
Terry Roche, Global Head of Real-Time Information and Platform, Enterprise,
Thomson Reuters, said: "In today's competitive market, data and infrastructure
are key elements to a financial firm's business strategy, and ensuring that
these systems are continuously optimized is crucial to success. Our relationship
with ITRS allows us to provide our customers with detailed real-time knowledge
to monitor the health of every component in their trading architectures, whether
deployed locally or accessed as hosted solutions via Elektron - our global
infrastructure"
Kevin Covington, CEO of ITRS Group, said: "Thomson Reuters Elektron and the
Enterprise Platform support the world's largest financial marketplace, and ITRS
is very pleased to be integrated into this community of best in class and
innovative offerings. Today's trading environment requires proactive management
of enterprise data and trading infrastructures, which comprise both in-house
deployed and vendor-hosted technologies. The critical nature of these complex
real-time environments necessitates maintaining end-to-end visibility of systems
performance to assure service quality in terms of speed, capacity and
reliability."
The Thomson Reuters Enterprise Platform for Real-Time together with Elektron
have the ability to power trading operations across the globe with a flexible
connectivity and information fabric that supports any enterprise data
requirement. The Enterprise Platform for Real-Time is fully functional, with in-
built data integration, transformation and administration tools, and has been
architected for efficiency, with a fault-tolerant multi-threaded software
architecture to maximize throughput and reliability, and a streamlined binary
data model to optimize bandwidth utilization.
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial, legal, tax and accounting, healthcare and science and media markets,
powered by the world's most trusted news organization. With headquarters in New
York and major operations in London and Eagan, Minnesota, Thomson Reuters
employs more than 55,000 people and operates in over 100 countries. For more
information, go to www.thomsonreuters.com.
About ITRS
ITRS Group is the leading provider of risk mitigation solutions to global
financial institutions. It leads the way in a new discipline which extends real-
time monitoring into a comprehensive operational and service management
solution. Providing innovative businesses with the visibility necessary to
identify, analyse and mitigate risk, ITRS Group has been recognised through
industry awards for its innovation and customer support. ITRS's products are
specifically designed to reduce service disruption, improve IT efficiency, and
ensure that critical operational processes are executed as planned, protecting
against both business reputation and trading risks.
ITRS delivers proactive, predictive real-time monitoring and management with
specialist interfaces for over 100 key third-party trading and risk
applications, including core financial market trading applications, services and
execution venues - a prerequisite for effective system control. A unified view
and full visibility of complex environments is provided through the Geneos
dashboard, giving a complete end-to-end view of all systems. Disparate data is
aggregated, creating a single source of actionable business intelligence, giving
the ability to predict and act to prevent problems, enhancing risk management
and minimising latency, all at ultra-high speeds.
Established in 1997, ITRS has offices in London, New York and Hong Kong
supporting clients worldwide including banks, brokers, exchanges, hedge funds
and data vendors. ITRS has over 600 Geneos installations, implemented in 60
leading financial institutions, including eight of the top ten global investment
banks.
For more information visit www.itrsgroup.com or email information(at)itrsgroup.com
CONTACTS
For Thomson Reuters:
Alan Duerden
Public Relations Director, Enterprise
Tel: +44 (0) 207 542 0561
alan.duerden(at)thomsonreuters.com
For ITRS:
John Norris
Moonlight Media Ltd.
Tel: +44 (0) 20 7250 4770
john(at)moonlightmedia.co.uk
Press release (PDF):
http://hugin.info/142273/R/1525933/461717.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
[HUG#1525933]
Unternehmensinformation / Kurzprofil:
Datum: 27.06.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 55879
Anzahl Zeichen: 7439
contact information:
Kategorie:
Business News
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"Thomson Reuters and ITRS Join Forces for Infrastructure Management and Monitoring"
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