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Correlix Extends its Latency Intelligence Suite with a New Analytics Product

Wednesday, April 15, 2009

Correlix, Inc., a provider of Latency Intelligence™ solutions that monitor, measure and analyze trading execution and market-data flows in real-time, today announced an OEM partnership with MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of Business Intelligence (BI) software. Under the agreement, Correlix will sell MicroStrategy Business Intelligence software as part of its Latency Intelligence suite.

“Customers can leverage unique real-time data sets generated by the Latency Intelligence suite to enhance their trading strategies, latency and risk management,” said Shawn Melamed, CEO of Correlix. “Complementary to our unique real-time Latency Intelligence correlation capabilities this new enhanced Analytics Product couples finely-granular, latency data with the associated business context of the impacted trades.”

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