cPacket Joins Securities Technology Analysis
Center (STAC)
Inventors of “Pervasive Network Intelligence” Bring Their Unique Technology and Insights to
Optimizing High-Performance Trading Networks
July 13, 2010 09:03 AM Eastern Daylight Time
MOUNTAIN VIEW, Calif.--(EON: Enhanced Online News)--cPacket Networks, Inc. the leading provider of
pervasive network intelligence technology, today announced that it has joined the Securities Technology Analysis
Center (STAC®). STAC is focused on helping end-user financial firms understand the performance of their existing
systems and of new technologies they wish to adopt. cPacket will participate in the STAC Benchmark Council, a
group of trading firms and vendors focusing on measuring the performance of algorithmic trading systems.
“Recently, in the competitive area of low-latency algorithmic trading, the need to measure network performance
accurately has become of profound importance,” says Rony Kay, cPacket founder and CEO. “We have seen time
and again that lack of accurate information about network performance and latency leads to incorrect and wasteful
optimization efforts. Without granular visibility into these, traders are exposed to latency arbitrage and can literally
lose billions of dollars to competitors who better optimized their network performance and applications’ response
time.”
Kay explained that STAC's focus on making the performance of existing systems more transparent to traders, and
the benefits to them of new technology more obvious, is consistent with cPacket’s mission. "We've developed a
family of products and solutions to enable complete network visibility including specific products for measuring
network latency and microbursts for the high-performance trading community," says Kay.
cPacket's efforts have received an extremely positive reception among the financial community for whom optimizing
network performance and eliminating latency – sometimes on a microsecond basis – has become a critical business
objective. “