Vela Trading Technologies Depends on Gigamon for Real‐Time Troubleshooting

As a global leader in high performance trading and market data technology, Vela knows the importance of low‐latency times and solid network performance.

The company is partly made up of a former New York Stock Exchange (NYSE) Technologies division subsequently acquired by SR Labs. Now as an independent financial technology firm, Vela initiated an effort, led by Micah Kroeze of its Infrastructure and Security team, to replace and build upon its framework while ensuring network visibility and monitoring capabilities. Kroeze and his team evaluated Gigamon against several other companies. They ultimately selected Gigamon based on the breadth and depth of its product offerings, as well as Kroeze’s positive experience working with them while at the NYSE.

When you oversee a network that processes more than 80Gb per second, it’s important to identify issues related to bandwidth and latency right away, and Gigamon is a crucial partner in this,” said Kroeze. “Our clients range from tier 1 banks to hedge funds to high‐frequency trading firms, and they rely on Vela for the most accurate financial market information possible.”

Given the global and complex nature of its business, one of the challenges Vela faces is that the data it manages has to be normalized in one region, consumed in another, and subsequently routed into multiple product networks—all in less than the blink of an eye. Delayed financial market data can result in direct losses for its recipients, and Vela is committed to ensuring the highest possible quality of service for its clients.

When you oversee a network that processes more than 80Gb per second, it’s important to identify issues related to bandwidth and latency right away, and Gigamon is a crucial partner in this.
- Micah Kroeze, Vice President of Infrastructure and Security at Vela Trading Technologies

Solution

After consulting with his network engineering team, Kroeze determined how the Gigamon Visibility Platform would be rolled out to help the company manage, secure, and understand its data. Vela was very methodical with the deployment of the solution given the sensitivity and 24×7 nature of the network.

In addition, Vela routes the appropriate traffic to critical security tools, including Above Security’s ArkAngel Managed Security platform and Magna behavioral analytics from Palo Alto Networks, formerly known as LightCyber.

Results

Vela’s Infrastructure and Security team immediately gained granular visibility into data flows throughout their environments, allowing them to optimize routing and pinpoint potential issues as they arise. That same visibility has been exposed to the Magna and ArkAngel platforms, allowing Vela and Above Security to better monitor threats, protect sensitive data, and maintain system availability throughout key Vela datacenter environments.

Gigamon’s Visibility Platform currently plays an important role in helping Vela stay several steps ahead of the ever‐changing market data landscape.

About Vela Trading Technologies

Vela (formerly SR Labs) is an independent global leader in high performance trading and market data technology. The company provides the breadth of coverage and depth of expertise demanded by today’s multi‐asset, multi‐region electronic trading environment. Its clients benefit from Vela’s award‐winning managed services, white‐glove global customer support, and world‐class professional services from an experienced team comprising seasoned financial services industry experts and cutting‐edge technologists.

Providing premier market data and trading technology, Vela improves time‐to‐market, lowers costs, and eliminates complexity. Vela delivers products that empower its clients to focus on their core business strengths, leveraging key trading infrastructure solutions via its technology, expertise, and experience.

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