London Capital Group selects ITRS Geneos for its entire application and infrastructure monitoring
7th December 2011, London: Leading UK retail and professional spread betting provider, London Capital Group (LCG), is to use Geneos from ITRS Group, to monitor and manage all elements of their trading room technology to optimise speed, latency and reliability across their data and trading technology. LCG specialises in providing online trading services for private, professional and institutional customers. Geneos will be used for real-time application monitoring across the entire infrastructure, including live and business continuity sites. ITRS is the leading global provider of predictive, real-time monitoring and proactive application performance management products to the world’s financial community.
Bill Newton, CIO at London Capital Group, noted: “Our business relies on a continuously available trading infrastructure. We have to know, ahead of our users, of any potential issues which might lead to a service outage and ITRS Geneos is designed to specifically monitor the fast moving trading environment in which we operate. London Capital Group not only provides trading services for its own brands but also for some of the world’s most trusted brands with tailor-made spread-betting and CFD white label solutions, so putting in place a comprehensive monitoring solution which can grow with our business is essential.”
Kevin Covington, CEO of ITRS Group, added: “London Capital Group is one of the UK’s leading spread-betting and CFD providers and we are delighted they have selected Geneos. It is significant that the technology we are supplying to the Tier 1 broker/dealer firms is equally suitable for specialist service providers. This underlines the challenge all firms face in needing to really understand, from end-to-end, how the technology and applications which underpin the trading infrastructure are working. Firms must see not only the real-time status of their technology, but also have the ability to predict the likely problems during the trading day, so they can be resolved or avoided before trading is disrupted.”
ITRS Geneos enables the London Capital Group team to have a business service view of their complete trading infrastructure. This provides the operations team with a clear oversight of the technology metrics and also gives business users a schematic representation of order flow and performance.
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Editorial contact
Alla Lapidus
Moonlight Media Ltd.
Tel: +44 (0) 20 7250 4770
Email: alla@moonlightmedia.co.uk
About London Capital Group
London Capital Group (LCG) is one of the UK's leading financial services companies specialising in online trading services for private, professional and institutional customers. It was founded in London in 1996 as a proprietary trading business and in 2003 the company underwent a major restructuring to become a leading player in financial spread betting with the launch of Capital Spreads. 2005 saw the launch of its institutional Forex operations and the divestment of the proprietary trading business. Following a management buyout in the same year, LCG Holdings was floated on AIM. In 2008, LCG expanded its professional investor customer base with the acquisition of ProSpreads.com, the Gibraltar-based spread betting company.
For more information visit: http://www.londoncapitalgroup.com
About ITRS
ITRS Group is the leading provider of risk mitigation solutions to global financial institutions. It leads the way in a new discipline which extends real-time monitoring into a comprehensive operational and service management solution. Providing innovative businesses with the visibility necessary to identify, analyse and mitigate risk, ITRS Group has been recognised through industry awards for its innovation and customer support. ITRS’s products are specifically designed to reduce service disruption, improve IT efficiency, and ensure that critical operational processes are executed as planned, protecting against both business reputation and trading risks.
ITRS delivers proactive, predictive real-time monitoring and management with specialist interfaces for over 100 key third-party trading and risk applications, including core financial market trading applications, services and execution venues – a prerequisite for effective system control. A unified view and full visibility of complex environments is provided through the Geneos dashboard, giving a complete end-to-end view of all systems. Disparate data is aggregated, creating a single source of actionable business intelligence, giving the ability to predict and act to prevent problems, enhancing risk management and minimising latency, all at ultra-high speeds.
Established in 1997, ITRS has offices in London, New York and Hong Kong supporting clients worldwide including banks, brokers, exchanges, hedge funds and data vendors. ITRS has over 600 Geneos installations, implemented in 60 leading financial institutions, including eight of the top ten global investment banks.
For more information visit www.itrsgroup.com or email information@itrsgroup.com
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