In today's fast pace trading environment managing trading latency is critical to seizing available market opportunities, increasing revenues, retaining customers and gaining competitive advantage. Correlix has an innovative Latency Management solution specifically designed for buy-side, sell-side, and Exchange/ECN/ATS trading firms, that enables pinpointing performance optimization points to reduce trading execution and market data latency, saving precious milliseconds.

Providing both real time and historical analysis, Correlix Latency solutions can trace trading transactions across complex, diverse landscapes to report a multi-step flow latency by destination, customer or trade path.

Designed for buy side, sell side and exchange environments, capital market firms have already deployed Correlix's cutting edge solution to manage and monitor trading latency daily.

Correlixs' customer include several marquee Wall St firms using the products in production environments. 

RaceTeam, Correlixs' key product, an inter-party latency measurement and management service gives trading partners latency visibility in a secure environment to work together to resolve latency issues. As a member of RaceTeam trading partners can authorize each other to view latency metrics up-to and including the complete transaction path by resource, quickly pinpointing the latency bottleneck whether a network or an application resource. This granular view speeds up the process of latency identification saving hours of costly manual work, improving partner relationships and increasing profitability for team members.

In November 2009, The NASDAQ OMX Group (NASDAQ:NDAQ) announced that it has selected Correlix Inc., to provide real-time latency insight to its customers. The service will allow NASDAQ OMX customers access to independent real-time latency measurement information for intraday and post-day analytics.

Correlix is headquartered in New York with Research and Development offices in Israel.
Correlix was founded with Xenia in 2006, matured incubator in 2007 and raised additional funding from Sequoia Capital, Genesis Partners, Blumberg Capital and Vernon & Park Capital.

TEAM

Gil Shaked, CEO
Gil brings more than 20 years of global technology and management experience supporting clients across the financial industry spectrum including Investment Banking, Asset Management, and Hedge Funds. 

Shawn Melamed, Founder, President and CTO
Shawn brings to Correlix years of business and technology management experience having led numerous business strategy and product development initiatives.

Dr. Einat Orr, VP R & D
Dr. Or brings to Correlix a specialized academic and algorithmic industry background in statistics and models in queuing theory, stochastic processes, approximation algorithms for NP hard problems on graphs and clustering models. 

Frank Fanzilli, formerly Global CIO for CSFB and director at PeopleSoft, Avaya, ComVault, Interwoven

Randy Ditzler, Board Member, Partner with Sequoia Capital Israel and focuses on systems and software investments. formerly CEO of Actona Technologies (CSCO), Founder & CEO of Telegis Networks, Founder & CEO of MarketOne Builders and President & CEO of Freestone Investments. Randy has a BS in Industrial Technology from California State University in Fresno.

Bruce Taragin, Board Member, Partner, Blumberg Capital.

Jonathan Sachs, Board Member, Partner, Genesis Partners.

Gil Mandelzis, Board Member, Co-founder & CEO, Traiana.

www.correlix.com