Unlocking Trading Performance with Corvil Analytics 10.0: The Next Level of AI-driven Insights

New York, April 23, 2024 - Corvil Analytics 10.0, the latest software release from Pico, has hit the market, promising to revolutionize trading performance with its advanced AI-driven insights. Pico has established itself as a global leader in providing technology services, software, data, and analytics for the financial markets community. This latest version of Corvil Analytics leverages groundbreaking research in machine learning (ML) and artificial intelligence (AI) to offer proactive notification and natural language descriptions, allowing users to correlate performance-impacting events, unusual events, and extreme events in real-time.

Corvil Analytics is already widely deployed across the financial services community, delivering crucial performance and actionable business insights for trading infrastructure, IT operations, trade reconciliation, and regulatory compliance. With the release of Corvil Analytics 10.0, the platform has undergone significant innovation that automates the identification, correlation, and narration of the underlying causes of the most significant business-impacting events.

Ken Jinks, Managing Director of Product Management at Pico, explained the significance of this release, saying, “The Corvil Analytics 10.0 release represents a significant milestone in our continuous research and innovation on the platform. Years of research in ML/AI techniques by our data science team have delivered the capability to automatically detect business-impacting events in trading infrastructure and corporate IT infrastructure.”

Notably, Corvil Analytics 10.0 uses ML/AI techniques that are specifically tailored to the data patterns, volume of analytics, and the performance challenges in the financial services sector. This targeted approach allows the software to automatically detect the most relevant events and provide a comprehensive root cause analysis in real-time.

In addition to its groundbreaking AI capabilities, the Corvil Analytics 10.0 release also introduces several other enhancements. The software now offers enhanced user experience features such as smarter analytics tooltips, flexible comparison of business time periods, and a new customer portal that provides access to software updates, documentation, support tickets, webinars, and knowledge base articles. Furthermore, Pico has improved the configuration capabilities of Corvil, making it easier to set up and resulting in higher accuracy while reducing the overall cost of ownership.

Drawing on more than twenty years of experience, Corvil Analytics is known for its ability to extract and correlate technology and transaction performance intelligence from dynamic network environments. With the 10.0 release, Pico has further invested in the platform, honing in on the unique patterns of data in the financial services markets to intelligently identify events of interest, improve the user experience, and lower the cost of ownership/configuration in these complex environments.

Corvil Analytics 10.0 is being made available for download and deployment through the Pico Client Portal starting May 1st. Pico is offering a webinar on May 2, 2024, at 10:00 a.m. EDT | 3:00 p.m. BST, where interested individuals can learn more about the features and benefits of Corvil Analytics 10.0.

Pico is a trusted technology services provider for the financial markets community, serving major banks, exchanges, electronic market makers, quantitative hedge funds, data service providers, and brokers. Their portfolio of innovative, transparent, low-latency market solutions combined with a flexible and expert service delivery model has made them a preferred choice for clients who want to stay ahead in the fast-paced world of financial markets.

As technology continues to transform the financial services sector, Pico’s Corvil Analytics 10.0 represents a major step forward in unlocking trading performance. By harnessing the power of AI, this release offers traders, data scientists, and businesses a comprehensive toolset to gain deeper insights, make informed decisions, and drive success in today’s competitive markets.

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