NPLTime Certified®

Supporting sector needs for traceable time at the point of provision

The NPLTime® solution will provide UBS infrastructure with a stable, accurate and resilient time signal whilst simplifying the MiFID II time synchronisation traceability requirements.

Chris McConville - Global Co-Head of Equity Electronic Agency Trading - UBS

NPLTime Certified^® provides users in the finance sector with a timing capability that underpins traceable time-stamping, latency monitoring and synchronisation. It provides a clear audit trail for both internal analysis and regulatory reporting. The service is the only means of ensuring confidence that trades comply with MiFID II without the need for further monitoring and calibration needs and costs.

Users of the service access the timing signal through NPL's authorised resellers. The resellers connect to the signal at the NPL service nodes and deliver it to their datacentres using their own network infrastructure and making it available to users at the point of use.

Precise and resilient time, independent of GNSS, is crucial to keeping UK industry and society functioning and prospering. In the finance industry time margins used are significantly fine: one second for voice trading, one millisecond for electronic trading, and just 100 microseconds for high-frequency trading. These are all referenced to coordinated universal time (UTC).

To find out more get in touch with one of our experts.

Time stamping regulations in the finance sector guide