ITRS Group Ltd, the leading global provider of performance monitoring and management technology, has announced today the launch of an interface that provides advanced monitoring for Bloomberg’s real-time market data feed, called B-PIPE.
Bloomberg B-PIPE is a normalized and consolidated real-time market data feed for the enterprise. It provides complete coverage of all asset types from a wide variety of sources and applications from Bloomberg and other data providers.
The Geneos plug-in for Bloomberg B-PIPE monitors the status of market data feeds and allows B-PIPE users to set alerts and closely monitor performance. By collecting B-PIPE data via ITRS’ Geneos, which can display up to 30 B-PIPE service instances on the same screen, a financial institution can see the busiest appliance at any time of the day. For example, a bank’s operational team will be able to see tick messages sent and received by an appliance and track for any missing data.
“ITRS is an important Bloomberg Enterprise Solutions partner and this integration is a key component of our overall enterprise real-time strategy,” said Tony McManus, head of real-time market data products for Bloomberg. “We are investing in programs that enable developers to connect to Bloomberg to ensure efficiency and interoperability across our clients’ enterprise systems. The ITRS Geneos application will provide support to our B-PIPE customers looking to better monitor market data feeds and application metrics.”
According to Joshua Carroll, Global Head of Market Data Operations & Engineering, Royal Bank of Canada: ”Being able to see key market data metrics on a single screen not only enables us to resolve any issues, but also helps us manage our market data infrastructure more efficiently.”
Ian Salmon, Business Development at ITRS, said: “In a complex trading environment, having a full view of performance data is vital. Users can now ensure service levels and compliance by analysing and visualising Bloomberg B-Pipe performance data in the Geneos framework, alongside business critical trading applications. Bloomberg is a key influencer in the market and an important addition to our product suite.”