
Work Here?
ITRS Group provides software and services that monitor and manage IT performance to ensure operational resilience for large enterprises, especially in financial services. It collects data across physical, virtual, and cloud infrastructures, correlates it, and presents actionable insights to IT teams for performance, uptime, and efficiency. It targets demanding corporate environments with integrated monitoring and optimization for hybrid IT, distinguishing itself from consumer tools. The goal is to help clients prevent outages and improve IT performance across hybrid architectures.
Industries
Data & Analytics
Enterprise Software
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1993
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Health Insurance
Dental Insurance
Flexible Work Hours
Hybrid Work Options
Parental Leave
Travel Insurance
Life Insurance
Disability Insurance
Income Protection
Employee Referral Bonus
Training Programs
Pico and ITRS have announced a strategic partnership to provide Indian capital markets firms with enhanced operational visibility for latency-sensitive trading and network infrastructure. The collaboration integrates ITRS' Geneos observability platform with Pico's Corvil Analytics technology, which captures trading, network and application activity directly from packet data without instrumentation. The combined solution helps firms resolve issues faster, validate service quality and strengthen resilience across distributed trading systems. Corvil Analytics decodes market data, order entry and execution activity in real time, creating a time-synchronised record of events across the trading lifecycle. The partnership addresses mounting operational pressure as India's financial markets experience rapid growth in trading volumes, infrastructure modernisation and electronic participation. Firms can now establish an independent view of trading performance and business latency across their environments.
Pico and ITRS partner to bring network-derived observability to Indian financial markets. New partnership combines ITRS' observability platform with Pico's Corvil Analytics to give firms an independent, high-fidelity view of electronic trading performance, business latency and operational resilience. July 06, 2026 23:30 ET | Source: Pico NEW YORK and MUMBAI, July 07, 2026 (GLOBE NEWSWIRE) - Pico, a leading provider of mission-critical technology services, software, data, and analytics for the global financial markets community, and ITRS, a global provider of real-time IT observability solutions for financial services and regulated industries, today announced a strategic partnership to give Indian capital markets firms deeper operational visibility across latency-sensitive trading, network infrastructure and critical business services. The partnership brings Pico's Corvil Analytics network-derived intelligence, generated directly from packet-level network data, into the ITRS observability platform, helping firms resolve issues faster, validate service quality, improve operational visibility and strengthen resilience. The combined solution integrates the ITRS Geneos observability platform with Corvil Analytics technology, bringing together application, infrastructure, and business service monitoring with independent, packet-based network telemetry and transaction analytics. Corvil Analytics captures trading, network, and application activity directly from packet data without instrumentation or latency overhead. By decoding market data, order entry, execution activity and network infrastructure traffic in real time, Corvil Analytics creates a complete, time-synchronized record of events across the trading lifecycle and critical business services. India's financial markets continue to experience rapid growth in trading volumes, infrastructure modernization, and electronic market participation. As firms scale their environments and increase automation, operational teams face mounting pressure to identify and resolve performance issues across highly distributed trading systems with greater speed and precision. "India is one of the world's most dynamic capital markets, where firms are balancing rapid growth, increasing IT complexity, and rising expectations for resilience and market infrastructure performance," said Ryan Terpstra, CEO of ITRS. "This partnership advances our mission to provide automated and holistic observability that protects critical applications for capital markets firms and enables our clients to accelerate innovation." Together, ITRS Geneos and Pico's Corvil Analytics help Indian capital markets firms establish a trusted operational view of trading performance and business latency, enabling them to: * Establish an independent source of truth for trading, market data, network infrastructure, and business services. * Accelerate issue detection, root-cause analysis and service investigations by correlating order flow, market data, network telemetry and application performance in real time. * Reduce operational risk by detecting latency degradation, packet loss, microbursts, market data gaps, and infrastructure issues, enabling resolution before issues escalate. * Support compliance and governance initiatives aligned with SEBI risk management frameworks and with exchange colocation and connectivity requirements. * Extend access to high-fidelity trading and network data across operations, analytics, compliance, quants, and AI-enabled investigation workflows. "Pico's Corvil Analytics technology is purpose-built for high-throughput, latency-sensitive and regulated trading environments," said Jarrod Yuster, Founder and CEO of Pico. "Partnering with ITRS extends Corvil's network-derived golden source of truth and enhances an observability platform used by top financial firms. Clients need an independent record of trading and business services activity for sharing across teams. This partnership helps make that possible for firms operating in one of the fastest-growing financial markets globally." About ITRS ITRS provides real-time monitoring, analytics, and observability solutions that help financial institutions and enterprises ensure operational resilience, performance, and compliance. Trusted by leading banks and global multi-brand enterprises, ITRS enables teams to detect, diagnose, and resolve issues before they impact their customers or their business. About Pico Pico is a leading global provider of technology services for the financial markets community. Pico's technology and services power mission-critical systems for global banks, exchanges, electronic trading firms, quantitative hedge funds, and financial technology service providers. Pico provides a best-in-class portfolio of innovative, transparent, low-latency markets solutions coupled with an agile and expert service delivery model. Instant access to financial markets is provided via PicoNet(TM), a globally comprehensive network platform instrumented natively with Corvil to generate analytics and telemetry. Clients choose Pico when they want the freedom to move fast and create an operational edge in the fast-paced world of financial markets. Media Contact: [email protected]
ITRS, a real-time observability company, has launched AI-powered SRE agents designed to help IT operations teams identify and resolve incidents faster in mission-critical, regulated environments. The new agentic AI layer runs across ITRS's observability platform, offering transparent reasoning, flexible model integration and continuous ingestion of live telemetry data. The initial release includes three agents: a root cause analysis agent that correlates metrics, events, logs and traces; a support agent providing context-aware assistance; and a website monitoring agent that identifies gaps and generates synthetic monitors. The capabilities prioritise evidence-based reasoning and enterprise-grade controls to balance automation with governance requirements. The agents are available in beta, with ITRS working alongside early adopters to refine future releases.
ITRS unveils agentic AI capabilities built for mission-critical, regulated IT operations. New SRE agents for root cause analysis, support, and website monitoring help IT teams accelerate root cause diagnosis and resolution while maintaining transparency, control, and compliance London, March 26, 2026 - ITRS, a real-time observability company, today announced a new set of AI-powered SRE agents to help IT operations teams identify and resolve incidents faster and with fewer resources. Using proprietary agents capable of analyzing telemetry data in real-time, SREs and application support professionals can dramatically reduce mean time to identification and resolution of IT outages across mission-critical technology systems. Built on a new agentic AI layer across the ITRS real-time observability platform, the SRE agents augment IT teams with: * Recommendations grounded in transparent reasoning, so operators can see why an action is suggested and stay in control of decisions. * An agnostic inference architecture, giving clients flexibility to use their own models and benchmark performance using an in-product evaluation framework. * Continuous ingestion of live telemetry data (metrics, events, logs, and traces), so every recommendation is informed by real-time operational context. "Agentic AI is becoming a cornerstone of resilience in complex, high-demanding IT environments where reliability is both business critical and regulated," said Ryan Terpstra, CEO of ITRS. "Our SRE agents help IT operations teams spot issues earlier and get to the root cause in seconds and minutes, meaning fewer outages, faster recovery, and less client impact." As organizations increase agentic AI adoption, automation can advance faster than governance. ITRS addresses this by prioritizing evidence-based reasoning and enterprise-grade controls, supporting teams responsible for complex, always-on production environments. The initial release includes: * Root cause analysis (RCA) agent, correlating metrics, events, logs, and traces to surface evidence-based root-cause candidates with clear explanations. * Support agent, delivering natural-language, context-aware assistance across Geneos and ITRS Analytics to accelerate onboarding, configuration, and troubleshooting. * Website monitoring agent, automatically identifying monitoring gaps across web assets and generating the right synthetic monitors with clear, actionable recommendations to reduce mean time to identification. "Agentic AI must work in the realities of production environments - where uptime, auditability, and accountability matter," Terpstra continued. "Our approach enables automation that improves operational resilience without compromising compliance." These capabilities are available today in beta. ITRS is working closely with early adopters to shape ongoing enhancements and future releases. About ITRS. ITRS provides real-time monitoring, analytics, and observability solutions that help financial institutions and enterprises ensure operational resilience, performance, and compliance. Trusted by leading banks and global multi-brand enterprises, ITRS enables teams to detect, diagnose, and resolve issues before they impact their customers or their business.
ITRS acquires IP-Label to strengthen Digital Experience Monitoring capabilities and expand European presence. ITRS Strategic acquisition adds 310+ enterprise customers and proven Ekara DEM platform, solidifying ITRS's position as the leading observability platform for financial services and regulated enterprises ITRS, a leading provider of real-time IT monitoring and observability solutions for financial services and regulated industries, today announced it has signed a definitive agreement to acquire IP-Label, a premier Digital Experience Monitoring (DEM) provider headquartered in France. The acquisition strengthens ITRS's DEM capabilities and significantly expands its European market presence. IP-Label serves 310+ enterprise customers across 25 countries through its AI-powered Ekara platform, which provides comprehensive synthetic transaction monitoring (STM), Real User Monitoring (RUM), and AI-driven incident triage to proactively identify and resolve performance issues before they affect customers or employees. The Ekara platform's unique capabilities include monitoring of complex web applications, thick client applications, business-critical systems, mobile applications, self-service kiosk and virtual desktop infrastructure (VDI), with deployment options spanning cloud, self-hosted, and hybrid environments. In addition, IP-Label offers strong customer support capabilities through its Test Automation platform. These capabilities complement ITRS's existing DEM offering and market-leading infrastructure and application monitoring solutions. "Digital experience has become the frontline of business performance and customer satisfaction. IP-Label brings enterprise-grade DEM technology that will accelerate our leadership in this critical category," said Ryan Terpstra, CEO of ITRS. "This acquisition accelerates our transformation into the leading observability platform for the world's most demanding IT environments. Together with IP-Label, we will deliver holistic observability spanning IT infrastructure, application performance, and digital experience - all with the hybrid capability and configuration that complex and regulated industries require." The company was recognized in Gartner's 2024 and 2025 Magic Quadrants for Digital Experience Monitoring (DEM). The acquisition significantly strengthens ITRS's position in the European IT market. IP-Label also brings an established partner ecosystem and global service partners. "Joining ITRS provides IP-Label with the resources, scale, and observability platform to accelerate our growth trajectory while maintaining our commitment to innovation and customer success," said Philippe Borfiga, Co-CEO of IP-Label. "Together, we offer a highly cost-effective, end-to-end monitoring solution for digital services - from client experience to backend infrastructure. ITRS's deep expertise in serving large enterprises makes them the ideal partner for our next chapter of growth." The transaction is expected to close in mid-January 2026, subject to customary closing conditions. About ITRS ITRS provides real-time monitoring and observability solutions that help financial institutions and enterprises ensure operational resilience, performance, and compliance. Trusted by leading banks and global multi-brand enterprises, ITRS enables teams to detect, diagnose, and resolve IT issues before they impact their customers or their business. Learn more at www.itrsgroup.com. About IP-Label Founded in 2001 and headquartered in La Garenne-Colombes, France, IP-Label is a leader in Digital Experience Monitoring. Through its AI-powered Ekara platform, IP-Label helps enterprises monitor and optimize the performance of their critical digital services across web, mobile, API, thick client applications, and VDI. The company serves 310+ customers across 25 countries and was recognized in Gartner's 2024 and 2025 Magic Quadrants for Digital Experience Monitoring. For more information, visit www.ip-label.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260108333535/en/
Find jobs on Simplify and start your career today
Industries
Data & Analytics
Enterprise Software
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1993
Find jobs on Simplify and start your career today