Capital Markets = Real-Time Answers

Since the financial crisis of 2008, regulatory, market and risk management considerations have forced financial services firms to place more emphasis on high volume, low margin products.  Increased regulation now requires greater transparency into the systems and controls
that manage the business.

These factors coupled with new venues for electronic execution, increased reliance on market data and a constant drive toward rapid-fire trading are creating new challenges for IT organizations.

Financial services IT groups today must have a clear understanding of the operational
and availability characteristics of their core applications and infrastructure on a real-time
basis. They must identify and respond to threats or degradations in service availability at the same speed at which the business operates.

This requires a unique blend of highly detailed, across the board monitoring, business views of the end-to-end delivery system and highly sophisticated problem cause analytics. ITRS and Prelert are collaborating to provide a best-in-breed solution to that requirement that couples the market's most advanced monitoring capabilities with the world's most advanced problem cause analytics.

ITRS Geneos®

ITRS Group is the recognized leader in Financial Services IT Monitoring and Service Management solutions. With 60 accounts, over 600 installations and 7 of the 10 largest banks as customers, ITRS is second to none in understanding and providing solutions to the needs of financial services IT organizations.

Their Geneos solution provides the industries most comprehensive real-time monitoring across multiple trading and risk applications as well as underlying technology infrastructure. Additionally, Geneos provides vital intelligence on application and service latency and operational performance and real-time business level visibility to the operational integrity of a banks critical services and systems.

Prelert - Problem Cause Analytics

Prelert provides a layer of highly advanced analytics that integrates with and processes Geneos's rich monitoring data in the form of logs, performance, usage, response time and event data. Prelert self-learns the baseline behavior of each component as well as how all the components interact to deliver a service, application or transaction..

Using highly advanced statistical pattern detection algorithms, Prelert proactively identifies developing performance or availability issues and automatically provides a narrative of their cause.

When a problem occurs, Prelert has already provided proactive notification along with the data required by experts to resolve the issue 10 times faster than previously possible.