Case Study

Fixed Income Reconciliation and Latency Monitoring

About the company

This client required a solution for monitoring latency for fixed income instruments, focusing on two key sectors: Credits and Rates. They wanted to integrate multiple data sources, including KDB and MongoDB, and parse log files to extract detailed instrument information.

Challenge

The data was often raw and in complex formats, which created limitations in creating sophisticated visualizations and performing in&emdash;depth, interactive analysis on their data in their internal system.

Solution

The solution incorporated a tailored bond pricing and RFQ latency monitoring workflow. This workflow measured latency by comparing response times to transaction times for bond pricing.

Benefits

3forge provided a high-performance latency monitoring solution that transformed the client's inefficient log&emdash;based analysis into an intuitive and actionable system. By consolidating disconnected data sources like MongoDB, KDB, and logs into a unified view, 3forge streamlined data integration with their internal systems.

  • By integrating KDB and MongoDB, as well as parsing log files, the system provided a comprehensive view of latency across various hops and stages.
  • The detailed latency metrics, including gateway times and RFQ stage&emdash;specific delays, enabled data&emdash;driven decisions to optimize processes.

3forge Solutions

The client was able to resolve their requirements with the following capabilities:

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