Solutions · Financial Services

Assurance for networks where microseconds are money.

Trading is a real-time business. Market-data feeds and latency are P&L, changes are tightly governed, and configuration cannot leave the firm. Phantom is the self-hosted assurance layer under your trading network.

Who feels the pain

From the trading desk to the risk committee.

Network
Trading-floor LANs, market-data distribution, low-latency exchange links
Champion
Market-data / multicast engineer
Buyer
Head of Trading Infrastructure / Network Engineering
Approver
CISO · IT Risk & Compliance

The pains

What keeps trading-network teams up at night.

Silent feed degradation

A multicast market-data tree thins or breaks and traders act on stale prices — before any support ticket is raised.

Latency with no evidence

Creep on exchange links breaches SLAs, but there's no objective, timestamped proof to act on or reclaim.

Change outages in market hours

A "small" change takes down a path and nobody can prove what actually changed.

Audit fire drills

SOX, MiFID II, SEC and FINRA demand change and config evidence that's painful to produce on demand.

Signature use cases

How trading networks use Phantom.

Flagship

Market-data multicast assurance

Continuous (S,G) mroute trees, RPF, group membership and outgoing-interface tracking, with source→receiver path discovery. A thinning or broken feed tree is caught in seconds — before a trader notices stale prices.

Exchange-link latency & SLA evidence

IP-SLA / circuit latency and packet-loss measured against contracted thresholds, with breach alerts and compliance-grade, timestamped reports for the exchange and internal risk.

Governed change before market open

Every change to the trading path runs through a digital-twin pre/post snapshot, an AI impact prediction, an approval workflow, and an immutable audit trail — ready for regulators.

BGP path assurance to exchanges & providers

Received/advertised prefixes tracked with AS-path, local-pref, MED and communities; detect path changes and asymmetric routing that quietly break connectivity or add latency.

Config compliance & drift

Nightly config backup, diff and regex search prove controls across the estate (no telnet, approved SNMP only) with retention for auditors.

Attack-surface on the trading network

Security assessment and port scans map any reachable path from lower-trust segments to trading systems — a top audit and risk concern.

Non-negotiable

Nothing leaves the firm — including the AI.

Phantom is fully self-hosted, so configuration and topology never reach a third party. The change-analysis LLM runs on-prem too. That's why regulated trading firms can adopt it where cloud tools are a hard no.

SOXMiFID IISEC / FINRA On-prem AIImmutable audit trail

See multicast assurance on your feeds.

A 30-minute demo tailored to capital-markets networks. Your data stays in your environment.

Book a demo