Beeks Financial Cloud launches Analytics as a Service
Beeks Financial Cloud Group PLC (LON:BKS) today announced the launch of Beeks Analytics as a Service, a cloud-neutral network monitoring and trade analytics tool for the financial markets.
Beeks Analytics as a Service, which uses Velocimetrics technology, provides financial market organisations with the ability to consume powerful network monitoring and wire-based trade analytics as a cloud hosted offering.
Financial organisations require sophisticated network monitoring because of the richness of their connectivity requirements, the high volume nature of the market data that they consume, and their need to fully understand the latency profile of their trading platform. Beeks Analytics as a Service offers all organisations sophisticated analytics that is available natively in the cloud, regardless of who hosts their infrastructure.
Beeks Analytics as a Service is securely hosted on dedicated hardware within the Beeks Financial Cloud, at the same campuses as the infrastructure that clients will be monitoring. Clients gain the flexibility of cloud-based analytics without having to compromise on the location of their data.
Existing Beeks customers will be able to add the sophisticated network monitoring capabilities of Beeks Analytics as a Service to their existing deployments at LD4 or NY4 with just a single click in the Beeks self-service portal. Non-customers, who have their own separate hosting arrangements on the Equinix LD4 and NY4 campuses, will be able to monitor their systems using Beeks Analytics as a Service.
The launch follows the acquisition of Velocimetrics by Beeks earlier in the year. It is in line with the company’s stated intention to add an analytics offering to its service.
The Analytics as a Service offering will allow monitoring of all of the essential financial metrics which clients require, including fine-granularity microburst detection, gap detection, Transmission Control Protocol (TCP) anomaly detection and financial protocol decode and latency measurement. All of this is backed by Precision Time Protocol (PTP) time synchronisation that some financial regulations require, as well as robust access to packet captures.