The Challenge

Financial institutions need to ensure that orders for financial transactions which transit over different networks are properly tracked. Existing tracking and control solutions are typically complex and costly to implement.

Qosmos Solution

Qosmos ixMachine probes extract traffic information from specific protocols such as Financial Information eXchange (FIX), and feeds a risk management system with the intelligence to verify the end-to-end accuracy of each transaction.

Benefits

• Network-based probe, providing independent and factual information
• Non-intrusive, passive approach which enables real-time monitoring of production systems without disruption
• Ability to extract only the traffic flows relevant for transactions (i.e. FIX)
• Enables accurate, end-to-end tracking and control of financial transactions

Example of Implementation

Information Extracted

Recognized Applications and Protocols (sample)

• Financial Information eXchange (FIX)
• TIBCO B2B integration software

Extracted Information (sample)

• Sending and receiving computer
• Ticker symbol
• Order type
• Number of shares
• Price of shares
• Order time
• Etc.