DUBLIN – October 5, 2016 - Corvil today announced that it has been recognized as a leading global financial technology provider in the 2016 ‘FinTech Forward Top 100’ list of top solution providers to the financial industry. The list, a collaboration of American Banker and BAI, was released today and will include special programming at BAI Beacon in Chicago. A complete listing is available at FinTech Forward.
“We are proud to be among the best technology providers in the world for our capabilities across a wide variety of use cases in finance,” said Corvil CEO Donal Byrne. “With financial markets operating at blindingly fast speeds, firms need a reliable way to assure and gain insight from their critical business transactions, from ensuring best execution to providing cyber security protection. Corvil's technology has introduced a new class of data analytics we refer to as machine-time analytics, unearthing a level of granular visibility needed by institutions operating in today’s complex and heavily regulated financial markets.”
Corvil’s machine-time analytics platform is built around streaming analysis of granular data with precision timestamping, and allows businesses to operate with full transparency, assured performance, and continuous cyber surveillance of all activity across a business. Corvil’s technology uses network data as its primary data source, because it is the richest and most granular source available to provide an independent, immutable record of what actually happened at the smallest fractions of time. This information can then be translated to help organizations safeguard their enterprise and glean valuable business intelligence.
FinTech Forward provides a comprehensive and forward-looking view of the strategic imperatives driving bank technology, both from the vendor and the user perspectives. The program draws on the two organizations’ deep industry expertise, market-leading proprietary research, and strength in live events to produce actionable content for decision makers.
Corvil is the industry leader for deriving IT, Security, and Business intelligence from network data. As companies adopt faster and smarter machine technology, it becomes critical to tap into richer and more granular machine data sources to safeguard the transparency, performance and security of critical infrastructure and business applications. The Corvil streaming analytics platform captures, decodes, and learns from network data on the fly, transforming it into machine-time intelligence for network, IT, security and business teams to operate efficiently and securely in this new machine world. Corvil uses an open architecture to integrate the power of its network data analytics with the overall IT ecosystem providing increased automation and greater operational and business value outcomes for its users.
The Corvil solution is trusted by leading financial institutions to safeguard their businesses across the globe involving 354 trillion messages with a daily transaction value in excess of $1 trillion.
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