Pico and ITRS Partner to Bring Network-Derived Observability to Indian Financial Markets

July 7, 2026 - 10:31

A new collaboration aims to give financial firms in India a clearer, more independent look at their electronic trading systems. Pico, a technology services and analytics provider for global markets, has partnered with ITRS, a specialist in real-time IT observability for financial services.

The partnership combines ITRS's observability platform with Pico's Corvil Analytics. This integration is designed to give banks, brokerages, and trading firms a high-fidelity view of their electronic trading performance. The focus is on three key areas: business latency, operational resilience, and overall network health.

For firms trading in India's fast-moving markets, having an independent source of data is critical. The combined solution aims to provide that by analyzing network data directly. This helps firms spot issues like unexpected delays in trade execution or potential system bottlenecks before they cause problems. It also supports compliance efforts by offering a clear, auditable record of trading activity and system performance.

Both companies see this as a response to growing demand in India for more sophisticated monitoring tools. As electronic trading volumes rise and regulations tighten, firms need better visibility into their infrastructure. The partnership gives them a way to measure and manage performance from the network layer up, without relying on application logs alone. The service is now available to financial institutions operating in the region.