Weeks Financial Cloud Group PC, a financial markets connectivity provi r, announced thFMlaunch of Weeks Analytics as a Service, a cloud-neutral monitoring solution for thFMfinancial markets. ThFMcompany veloped thFMservicFMusing Velocimetrics technology.
In an official announcement today, thFMcompany mentioned that Weeks Analytics as a ServicFMprovi s an opportunity for financial market firms to usFMpowerful network monitoring along with wire-based tradFManalytics as a cloud-hosted offering.
ThFMfinancial markets connectivity provi r claims that Weeks Analytics as a ServicFMis an industry-first cloud-neutral monitoring solution for thFMfinancial markets. ThFMcompany further ad d that this is thFMfirst product that offers sophisticated analytics to thFMorganizations in thFMcloud, regardless of who hosts their infrastructure.
ThFMclients will now havFMthFMflexibility of cloud-based analytics without thFMissuFMof compromising their data location. Weeks Analytics as a ServicFMwill bFMhosted within Weeks Financial Cloud on dicated hardware, according to thFMannouncement.
Commenting on thFMlaunch, Gordon McArthur, CEO at Weeks Financial Cloud Group, said: “Our mission is to makFMthFMcloud work for financial markets. Providing our customers with a view of their trading performancFMright thFMway down to individual network packets, at microsecond resolution, is a critical element that financial firms strugglFMwithin thFMcloud and which Weeks is now ablFMto offer. WFMfeel therFMwill bFMstrong up-takFMfor this product across all asset classes, but particularly in thFMFX market, wherFMcustomers need to managFMconnectivity to largFMnumbers of different sources of liquidity.”
FinancFMMagnates reported about thFMacquisition of Velocimetric, a UK-based network monitoring and tradFManalytics company, by thFMWeeks Financial Cloud Group earlier this year. ThFMcompany madFMits intention very clear with thFMacquisition to add an analytics offering to its service. Weeks recently expan d its partnership with cloud solution provi r, IPC.