This partnership, and our continued expansion into the worldwide market, is further proof that SeaNet is the leader in providing real-world solutions for the financial problems caused by application and network latency
New York, NY (PRWEB) June 14, 2009
SeaNet Technologies (http://www.seanet-tech.com), a leading worldwide provider of application performance measurement and reporting solutions, today announced that NYSE Euronext has chosen its SeaView RTM 3.0 to expand latency measurement in the organization's applications. NYSE Euronext, which offers a diverse array of financial products and services, chose SeaView for its level of accuracy in measuring the latency in financial applications.
NYSE Euronext will implement SeaView, which was specifically developed to address the unique requirements of financial services firms, to measure the latency performance of its market data and trading applications. "SeaNet's solution is a hardware-based latency monitoring system that can be used for arbitrary network traffic without negatively impacting the system being monitored.
"NYSE Euronext is committed to offering a global marketplace with maximum liquidity, the best price and the fastest execution times possible," said Lisa Cannizzaro, Technical Director, NYSE Euronext. "Central to this commitment is being able to measure latency in microseconds. We are putting tight controls around latency in every possible way" Cannizzaro said.
"We are pleased that SeaView RTM has been chosen by NYSE Euronext for application performance and latency measurement," said Raymond Marra, EVP, SeaNet Technologies. "This partnership, and our continued expansion into the worldwide market, is further proof that SeaNet is the leader in providing real-world solutions for the financial problems caused by application and network latency," Marra said
SeaNet is dedicated to helping financial services organizations get the best possible performance out of their applications. The company was the first to recognize the root causes of poor performance in mission-critical trading and market data applications by presenting a granular and comprehensive view of the end-user and revealing clear solutions for improving infrastructure investments. The company bridges the divide between real and perceived service levels and the separation between business and IT domains to create a common solution for delivering the best possible service.
About SeaNet Technologies, Inc.
SeaNet Technologies Inc., headquartered in Kew Gardens, N.Y., is the worldwide leader in application performance monitoring and data analysis solutions. The SeaView Latency Measurement Solution delivers the ability to measure, monitor, and analyze the key metrics of actual market data transactions in real-time. SeaNet is the first company to actually deliver on the business requirement to understand the root causes of performance problems with mission-critical trade plant applications. For more information, please visit us at http://www.seanet-tech.com.
About NYSE Euronext
NYSE Euronext (NYX) operates the world's leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, includes the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. NYSE Euronext's nearly 4,000 listed companies represent a combined $ 30.9/ € 19.8 trillion in total global market capitalization (as of April 30, 2008), more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately $161.9 / €106.9 billion (as of April 30, 2008), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit http://www.nyx.com.