en.Wedoany.com Reported - Pico and ITRS have announced a strategic partnership aimed at providing deeper operational visibility for Indian capital market firms, covering latency-sensitive trading, network infrastructure, and critical business services. Pico is a leading provider of mission-critical technology services, software, data, and analytics for the global financial market community, while ITRS is a global provider of real-time IT observability solutions for financial services and regulated industries. This partnership integrates Pico's Corvil Analytics network-derived intelligence, generated directly from packet-level network data, into the ITRS observability platform, helping firms resolve issues faster, verify service quality, improve operational visibility, and enhance resilience.
The joint solution combines the ITRS Geneos observability platform with Corvil Analytics technology, merging application, infrastructure, and business service monitoring with independent, packet-based network telemetry and trading analytics. Corvil Analytics captures trading, network, and application activity directly from packet data without requiring instrumentation or latency overhead. It decodes market data, order entry, execution activity, and network infrastructure traffic in real time, creating a complete, time-synchronized record of events across the trading lifecycle and critical business services.
India's financial markets continue to experience rapid growth in trading volumes, infrastructure modernization, and electronic market participation. As firms expand their environments and increase automation levels, operational teams face greater pressure to identify and resolve performance issues in highly distributed trading systems with higher speed and precision.
"India is one of the most dynamic capital markets in the world, where firms are balancing rapid growth, increasing IT complexity, and rising expectations for resilience and market infrastructure performance," said Ryan Terpstra, CEO of ITRS. "This partnership advances our mission to deliver automated and holistic observability that protects critical applications for capital market firms and enables our customers to accelerate innovation."
Working together, ITRS Geneos and Pico's Corvil Analytics help Indian capital market firms establish a trusted operational view of trading performance and business latency. For example, they create independent sources of truth for trading, market data, network infrastructure, and business services; accelerate issue detection, root cause analysis, and service investigations by correlating order flow, market data, network telemetry, and application performance in real time; reduce operational risk by detecting latency degradation, packet loss, micro-bursts, market data gaps, and infrastructure issues before they escalate; support compliance and governance initiatives aligned with SEBI risk management frameworks and exchange colocation and connectivity requirements; and extend access to high-fidelity trading and network data across operations, analytics, compliance, quantitative teams, and AI-driven investigation workflows.
"Pico's Corvil Analytics technology is purpose-built for high-throughput, latency-sensitive, and regulated trading environments," said Jarrod Yuster, Founder and CEO of Pico. "Partnering with ITRS extends Corvil's network-derived golden source of truth and enhances an observability platform used by top financial firms. Customers need an independent record of trading and business service activity that can be shared across teams. This partnership enables firms operating in one of the world's fastest-growing financial markets to achieve this."
About ITRS: ITRS provides real-time monitoring, analytics, and observability solutions that help financial institutions and enterprises ensure operational resilience, performance, and compliance. Trusted by leading banks and global multi-brand enterprises, ITRS enables teams to detect, diagnose, and resolve issues before they impact customers or business operations.
About Pico: Pico is a leading technology services provider for the global financial market community, supporting mission-critical systems for banks, exchanges, electronic trading firms, quantitative hedge funds, and financial technology service providers worldwide. Pico offers a portfolio of best-in-class, innovative, transparent, low-latency market solutions, along with an agile and professional service delivery model. It provides instant access to financial markets through PicoNet™, a global integrated network platform natively equipped with Corvil to generate analytics and telemetry.
