ICAP rolls out SentinelPlus globally

London, 2 April 2003: ICAP plc, the world’s largest interdealer broker, is rolling out the SentinelPlus systems monitoring and management software from ePulse across its international trading operations.

SentinelPlus was selected by ICAP after six months of extensive evaluations against competing systems at the broker’s London operation, where it provides continuous monitoring of the Unix-based systems running ICAP’s Moneyline Telerate Trading System (MTRS) in London. Following a period of acceptance testing, it is now being rolled out across the broker’s offices in London and New York and extended to interface with related PC-based systems.

The software allows ICAP to monitor and manage the system from any location, down to the level of starting and stopping processes. A system of customisable alerts provide management information on a range of physical system parameters, such as disk space and CPU loading.

"The key differentiator of the ePulse software is that its interface is browser-based, allowing any authorised user to manage the system from anywhere in the ICAP extranet," said Warren Cranwell, IT manager at ICAP. "They were also willing to work with us to produce additional functionality for the system."

The SentinelPlus software was developed by London-based financial systems specialist ePulse as a monitoring and management system for market data distribution systems such as the MTRS used at ICAP. It is also extensible to other applications in front, middle and back office operations on a global scale. SentinelPlus is capable of managing any Unix, NT or VMS based application. As well as MTRS, key trading systems applications it currently manages include the Reuters Triarch and TIB/RV platforms.

"SentinelPlus continues to develop beyond its original role as a market data distribution platform monitor to a generic, cost-effective, business focused, trading applications management tool," said Barry Patel, director sales and marketing at ePulse. "It is tremendous news for us to have ICAP as a client. Their reliance on SentinelPlus is a major endorsement of our people and the company."

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