With quasarDB behind it, PRISMA Compliance users can easily produce the reports necessary to satisfy the RTS25 requirement of MIFID in real time – in seconds, not hours
ROCHESTER, N.Y. (PRWEB) January 24, 2018
Spectracom, an Orolia brand, has released PRISMA™ Compliance, the first time sync reporting solution developed specifically for MIFID II and FINRA compliance that was built from the ground up using a high performance database. The drop-in software is the only compliance reporting solution that provides true UTC traceability with real-time reporting, NTP/PTP compatibility and multisite replication for resilience.
“Spectracom partnered with quasarDB because we needed a solution that was capable both of handling the huge quantity of data generated by all of the timing elements in large networks, and would provide fast reporting of that data,” said Jeremy Onyan, Spectracom’s director for time sensitive networks. “With quasarDB behind it, PRISMA Compliance users can easily produce the reports necessary to satisfy the RTS25 requirement of MIFID in real time – in seconds, not hours.”
Onyan said that, unlike other compliance software, PRISMA Compliance collects and aggregates all the relevant information in the timing chain to deliver true offset to UTC, “not just from master to client.”
“This capability is key, because both MIFID and FINRA regulations require full traceability to UTC,” Onyan said.
PRISMA Compliance is fully compatible with all common versions of NTP and PTP, making it easy to use in both older legacy NTP networks or new, low latency PTP deployments.
For more information, call 585-321-5863 or download a data sheet,
QuasarDB (http://www.quasardb.net) was born in the finance market. It is a distributed time series database with support for server-side aggregations. It scales horizontally and vertically for virtually unlimited capabilities, making it a popular choice for low-latency and Big Data applications
Spectracom (http://www.spectracom.com), an Orolia brand, is the global leader in resilient positioning, navigation and timing (RPNT) solutions that improve the reliability, performance and safety of critical, remote or high-risk operations. Capabilities include precision references, signal generation, reception, synchronization, distribution, test & validation, simulation, integration, interference, detection and mitigation, real-time-embedded systems, and technical/support service.
Orolia (http://www.orolia.com) is a world leader in Resilient PNT solutions that improve the reliability, performance and safety of customers’ critical, remote or high-risk operations. Through its leading Kannad, McMurdo, Sarbe, Spectracom, and Spectratime brands, Orolia has locations in more than 100 countries worldwide. With expertise in commercial, defense, aviation, and marine applications, Orolia provides virtually fail-safe GPS/GNSS and PNT products and solutions for their customers’ most mission critical needs.