Reuters solution gives banks insight into system applications

Thomson Reuters teams up with ITRS to offer optimisation service

Thomson Reuters has teamed up with real-time systems management technology provider ITRS to develop a solution that will enable financial firms to monitor and manage their market data, trading and risk management infrastructure.

The company currently delivers real-time market data to financial institutions through its Enterprise Platform for Data Management solution and Elektron cloud service.

This new joint solution will allow firms to monitor their own trading infrastructure.

The capability provides real-time visibility into the performance of the Thomson Reuters Enterprise Platform and includes features such as automated load balancing tools that ensure continuous systems optimisation.

Though the system does not yet offer systems management support for the Elektron Hosting environment, it will do so in time.

The solution also helps financial firms stay on top of evolving compliance issues, according to a spokesperson.

"Following the financial crisis, there's been a lot of pressure put on high-frequency trading firms, forcing them to comply with new regulations that are changing in that space," added the spokesperson.

"This system allows financial firms to have better insight into the systems and applications they're using and gives details on how they're being used. This makes makes compliance smoother and less risky."