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ITRS Geneos vs Pico Corvil Analytics comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Oct 10, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

ITRS Geneos
Ranking in Network Monitoring Software
25th
Average Rating
8.2
Reviews Sentiment
7.1
Number of Reviews
57
Ranking in other categories
Application Performance Monitoring (APM) and Observability (19th), IT Infrastructure Monitoring (19th)
Pico Corvil Analytics
Ranking in Network Monitoring Software
45th
Average Rating
9.0
Reviews Sentiment
7.1
Number of Reviews
9
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2025, in the Network Monitoring Software category, the mindshare of ITRS Geneos is 0.7%, up from 0.7% compared to the previous year. The mindshare of Pico Corvil Analytics is 0.5%, up from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Network Monitoring Software
 

Featured Reviews

Sanket - PeerSpot reviewer
With the help of the solution, we can predict and prevent failures
Currently, the most valuable thing for an individual is a mobile device. Since that is where people are currently tracking everything, we have multiple applications or apps that are for various products. I would like ITRS Geneos to develop an app, where instead of going to specific login terminals or logging into laptops or desktops to check alerts, we can have visibility in the app itself. Using the ITRS Geneos app, we could see the error message during our travels or wherever we are. I would like to see the capacity of messages for forecasting increased. Since the NSE is the number one derivative stock exchange in the work for three consecutive years, the number of messages is important. We use the capacity planner in ITRS to forecast our data needs for the next two months. The planner is important because the volume of data we produce is becoming more and more volatile compared to when we first started using ITRS Geneos in 2014.
Ted Hruzd - PeerSpot reviewer
Helpful support agents, beneficial issue detection, and high availability
The creation of charts and real-time windows was somewhat cumbersome. The vendor's website had an application called App Agent that required improvement. This API was designed to track message rates between microservers ingested into a microservice memory map. It allowed users to monitor the number of transactions that occurred at specific points within the application, and it was quite impressive. However, it had some limitations, and it mainly served as a tool for basic tracking. The protocols it employed could reveal the type of server-to-server communication and the specific order types, but it was not able to provide a more in-depth analysis of the application. The vendor has the potential to integrate application metrics more extensively into their product suite. The product suite could benefit from more out-of-the-box predictive analytics capabilities, such as projecting market or symbol movements. However, it is unclear whether the vendor currently provides this functionality. Users may need to adjust their software to perform such analysis independently.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"It's also easy to implement. The implementation of Geneos is very easy and interesting. It's not complicated. It's very quick to implement. The installation is very easy. There are many topics about ITRS Geneos that explain more about the features of the function of Geneos."
"Tons of default modules which are available out of the box"
"The ability to build integrations to tools that are not monitored out of the box is the most valuable feature."
"One of the best aspects of Geneos is that it has a broad scope and can cover a lot of use cases. You can write your own scripts to monitor really specific things. And the rules that you can put in place can be quite complex for the alerts."
"I would say that it is an easy-to-use monitoring tool. Amongst the available monitoring tools, it is a really good option."
"ITRS uses SNMP to communicate with our devices as well as SNMP net probes installed on our servers."
"The solution's log monitoring and alerting mechanisms are very user-friendly and easy to plug and play."
"This solution has helped provide relief to existing Level 2 teams, allowing them to focus efforts on in-depth problem analysis."
"We use the data to analyze how much time we spend within the applications. Then, based on that, we are doing multiple analyses and types of investigations to work on reducing the amount of time spent on the latency, which helps our applications."
"We like the dashboards because they essentially organize all the sessions into one viewpoint."
"We're able to quickly drill down and find answers to events that are happening in real-time, using Corvil's analytics tools. That's the feature which is most in the spotlight..."
"The performance metrics are pretty good. We've got everything from the network layer to the actual application layer. We can see what's going on with things like sending time and batching."
"It has all the decoders so it's capturing every network packet and it's decoding in real-time and it's giving us latency information in real-time... It's the real-time decoding and getting the latency information statistics that we find the most useful."
"We can use CLI with the UI for configuring the new monitoring system, which is good."
"As part of my role in monitoring multiple client connections, I would use Pico Corvil Analytics to set up alerts for performance issues, such as TCP resends and dropped packets. These alerts would trigger when the volume was low and performance was poor, allowing me to work with our trading partners to find a resolution. I would present them with the statistics I had and together, we would identify the source of the issue. This collaboration resulted in the client often reconfiguring their systems. For example, we may find that a network connection needed to be made. Overall, this proactive approach helped to maintain strong connections with our clients and minimize disruptions to trading revenue."
"The analytics features of Corvil are really good... As long as you know what the field is in the message, you can build your metrics based on that field... It means you can do the analytics that you actually care for. You can customize it..."
 

Cons

"I would like ITRS Geneos to develop an app, where instead of going to specific login terminals or logging into laptops or desktops to check alerts, we can have visibility in the app itself."
"The deployment method for upgrading is a bit tricky. It takes a little bit of manual effort. If that could be a bit more automated, it would help us a lot."
"ITRS Geneos is not on the cloud at a time when everyone is moving to the cloud."
"​It needs to be easier to configure, especially with the JMX plugins.​"
"t needs to have better middleware integration for things such as application and Microsft SQL servers."
"The main feature that needs work is the Dashboard designer."
"Backward compatibility with deprecated features and in system documentation on what configuration areas are needed to be updated."
"For the solution to stay relevant in the cloud-based monitoring environment Geneos needs more plug-ins with more features. Instead of offering clients workarounds, the solution should have a cloud-based out-of-the-box version."
"Before I got the Corvil training... one thing that was not very efficient was that every time you had to create a new stream or a new session from within Corvil... you had to tell it what protocol the message is going to come through and how to correlate messages, etc... After I went for the training, they had already added these nice features in the 9.4 version where it could do auto-discovery... Based on the traffic that it has already seen, it could create sessions on the fly."
"It's quite difficult to see, sometimes, how hard your Corvil is working. When we had a very busy feed that chucked out a lot of data it wasn't working very well on Corvil. We had to raise a case for it. It turned out to be that, in fact, we were overloading Corvil."
"For FIX protocol, maybe we could have built-in configurations for signatures and decoders. Also, for certain protocols, which are newer, we would like to just add the signatures within the decoders itself."
"In terms of performance analysis, if you really want to dig down into the minutiae and get statistics on the important things... that would be the only piece lacking because, in our environment, we have thousands and thousands of symbols. With the architecture that Corvil is built on, it's cumbersome."
"I have seen errors where the CNE and the CMC haven't synced because of something missing in the CMC, which was there in the CNE. We would get some type of error, but it doesn't actually say what exactly was missing in the CNE."
"While the product is scalable, it's not easy to scale. It needs investment hardware and network bandwidth consideration. It's not something you can just do overnight."
"Overall, the Corvil device needs a little bit of training for people to handle it. If that could be reduced and made more user-friendly, more intuitive, it would be better."
"The analytics feature is very nice, but it's mostly software. We are hoping that it could be embedded in ASICs, so it could be faster."
 

Pricing and Cost Advice

"It is expensive. They have to look at the model around when we move to cloud and how that's going to work. The licensing cost does pay off because of the improvements in support to our business."
"The pricing seems reasonable. We're happy enough with it."
"The product is priced quite high. There are pricing options for customers based on the size of the environment and plug-ins used by the monitoring system."
"Pricing is the touchy subject, even here. Upper management always wants us to find a cheaper solution. But we have so much integrated with ITRS... It's expensive, but it does its job very well. And you set it and go."
"Based on feedback from colleagues and friends working in the financial sector, Geneos is relatively costly. Many companies have been switching from Geneos to Dynatrace, Sysdig, or other monitoring tools in the past two years because of the price."
"Its price is reasonable. It isn't too expensive, and it isn't too cheap, but it also depends on a company's volume and negotiation."
"ITRS Geneos is not a cheap tool. It's a moderate price for the banking industry. The reason we are not able to add the ITRS monitoring tool for the non-banking industries, and non-finance industries, is that the pricing is too high."
"When I first came in, their pricing was very high. ITRS had a high expectation of what their price should be based on perceived value. I think they have been realizing, more recently, that there are other competitors, so their pricing is a lot better. Licensing for on-premise is okay, however I feel there is quite some work to be done for cloud and containers. We're still working with them to try and work out what that pricing should look like."
"Corvil has reduced the time it takes us to isolate root causes."
"We bought a box from Corvil and it was $200,000 for one big CNE. Then there are obviously the recurring maintenance fees. The licensing is perpetual but the maintenance fees are not."
"Pico Corvil Analytics is expensive. There are several competitors in the market. Selling this solution to a trading firm might be challenging as there are several other solutions available that can perform basic similar operations, such as using Wireshark and Python scripts to obtain the required values. However, that does not nearly approach the comprehensive end-2-end automated depth of metrics and their correlations that Pico Corvil Analytics provides."
"I like the way they've decoupled the hardware now... Everything's based on the licensing side now. The way they do the packs is fair. It's very flexible in that we're not charged per decoder, we're charged for a certain pack. Whether we use one decoder or 20 decoders, as long as they're in the same pack, there's no extra charge. Expensive but fair is how I'd summarize it."
"It is pricey versus its competitors."
"As I am working more with Corvil, it looks like it is improving diagnostic times."
"The pricing is very expensive. Corvil could work on the pricing."
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Top Industries

By visitors reading reviews
Financial Services Firm
77%
Computer Software Company
5%
University
4%
Real Estate/Law Firm
2%
Financial Services Firm
53%
Computer Software Company
10%
Manufacturing Company
6%
Non Profit
4%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about ITRS Geneos?
I would say that it is an easy-to-use monitoring tool. Amongst the available monitoring tools, it is a really good option.
What is your experience regarding pricing and costs for ITRS Geneos?
The pricing is high. Licensing fees might be around 500$ per server monthly.
What needs improvement with ITRS Geneos?
ITRS Geneos is a legacy system. It predicts or provides proactive measures once an issue is resolved. It doesn't offer any predictive capabilities or root cause analysis. They throw a lot of data i...
What do you like most about Pico Corvil Analytics?
As part of my role in monitoring multiple client connections, I would use Pico Corvil Analytics to set up alerts for performance issues, such as TCP resends and dropped packets. These alerts would ...
What is your experience regarding pricing and costs for Pico Corvil Analytics?
Pico Corvil Analytics is expensive. There are several competitors in the market. Selling this solution to a trading firm might be challenging as there are several other solutions available that can...
What needs improvement with Pico Corvil Analytics?
The creation of charts and real-time windows was somewhat cumbersome. The vendor's website had an application called App Agent that required improvement. This API was designed to track message rate...
 

Comparisons

 

Also Known As

Geneos
Corvil
 

Learn More

 

Overview

 

Sample Customers

ITRS Geneos is used by over 170 financial institutions, including JPMorgan, HSBC, RBS, Deutsche Bank and Goldman Sachs. Clients range from investment banks to exchanges and brokers.
NASDAQ, Commerzbank, Pico Quantitative Trading, CME Group, Interactive Data, Tokyo Stock Exchange Inc.
Find out what your peers are saying about ITRS Geneos vs. Pico Corvil Analytics and other solutions. Updated: January 2025.
831,265 professionals have used our research since 2012.