IPC Debuts Precision Timing Service for Finance

The service will provide accurate and consistent time data that will also help firms comply with new regulatory requirements.

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Connexus Chrono uses atomic clocks synchronized to UTC (Universal Coordinated Time), and can deliver different levels of accuracy, ranging from 1 microsecond to 250 microseconds. The service is supported from 10 datacenters in Europe, North America, and Asia-pacific.

"Time accuracy and synchronization are at the heart of regulatory compliance with MiFID II, RTS-25 and FINRA Rule 4590, placing strict requirements on the granularity of timestamps and the maximum divergences of the clock they are

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