TimeKeeper Compliance by FSM Labs

Challenge: Reducing regulatory risk due to poor timekeeping of trading systems

Financial regulators around the world specify that trading systems must synchronize and trace their clocks to known national and international standards. These requirements are codified by formal regulations such as MIFID II in Europe and CAT in the USA. Failure to meet these requirements can lead to large unlimited fines and reputational damage. 

Solution: TimeKeeper Compliance

TimeKeeper Compliance is a smart clock synchronization software tool for compliance auditors and engineers. Designed to reduce regulatory risk for capital markets participants, users can undertake real-time performance monitoring, troubleshooting, reporting, regulatory compliance, and management of their timing infrastructure with a single software tool. A consolidated audit trail provides full traceability for technical and compliance staff. TimeKeeper Compliance visualizes and monitors the global network timing chain topology and aggregates data from all clients. Users can analyze and graphs all client KPIs and report and alert on diverging compliance. The data on network clock sync records can be stored for five years or more. TimeKeeper Compliance is easy to use and runs on Linux. TimeKeeper Compliance is a member of a larger range of test and measurement timing solutions from Keysight Technologies. TimeKeeper is the world's leading time synchronization solution developed by FSMLabs, the experts in timing technology.

BENEFITS 

•Real-time enterprise clock sync reporting compliance made easy for compliance officers and auditors

•TimeAssurance technology for maximining user productivity 

•All time clients monitored with their KPIs easily available, with peace-of-mind alerts

•Powerful reporting capability, with custom user-defined reports for regulatory and business requirements

•Secure archiving of all enterprise clock sync data for on-demand proof of compliance

FEATURES

•TimeAssurance analytics for UTC and NIST traceable compliance assurance

•TimeAssurance alerts on exceeded, user-defined time sync thresholds, including MiFID’s 100µs and FINRA’s 50ms accuracy requirements 

•Redundant TimeKeeper Compliance servers’ capability with TimeKeeper Server’s TimeMonitor

•Multiformat reports including plain text, XLS, PDF, and SQL queries

•Displays Global TimeMap™ of the enterprise clock sync chain topology as an invaluable compliance tool

TimeKeeper Compliance Monitoring and Reporting

TimeKeeper Compliance is a clock sync compliance software tool for compliance auditors and auditors, enabling real-time performance monitoring, troubleshooting, analytics, reporting, regulatory compliance, and management, all in a consolidated audit trail. TimeKeeper-Compliance visualizes and monitors the global network timing chain topology, aggregates data from all TimeKeeper Clients and other vendor clients, analyzes and graphs all client KPIs, reports compliance performance divergence, and securely stores all network clock sync records for over 5 years or more.

How TimeKeeper Compliance Works

TimeKeeper Compliance integrates the intelligent TimeKeeper Server, which aggregates all time client data while monitoring clients’ KPIs, and provides innovative, scalable features for easy compliance analytics and reporting. TimeKeeper Server’s TimeMonitor™ capability allows users to configure an arbitrary, redundant network of TimeKeeper Compliance servers for fault tolerance, efficient workloads, and low-latency networks.