OATS Compliant Time Stamping with DocuClockDid You Know that as of July 1, 1999:
Beagle Software has time synchronization solutions that keep a Windows desktop computer or an entire network synchronized to the atomic clock while maintaining a detailed log of all clock setting activity. It will...
DocuClock allows you to print date and time to the second that's synchronized with the computer.
Date/Time Stamping FEB 01, 2001 AM 9:00:39
OATS requires that paper trades are stamped with the exact time. DocuClock is date/time stamper that will print the exact time on your order ticket. The DocuClock time stamper is directly connected to a Windows PC maintained at standard time. Whenever a time stamp request is made it gets the exact standard time maintained by software running on the computer.
Diagram of the DocuClock Solution
In the diagram, DocuClock is acting as a central time stamping facility in a Client/Server environment. In the Beagle Software solution ClockWatch Server services the time requests from workstations running ClockWatch Client. ClockWatch Server also keeps the computer it is running on set to the correct time by accessing external timeservers over the Internet or through a directly dialed connection. The trader's applications use the correct time maintained by ClockWatch while DocuClock time stamper provides a printed record of the exact time.
Maintaining the Correct Time
Since DocuClock gets the time from host computer, that computer must be maintained at the exact time. Beagle Software offers both desktop solutions and networked solutions for maintaining the host computer at standard time.
The approach features a main time synchronization program that keeps the computer it is running on (the server) set to the correct time. It also handles requests for the correct time from the other PCs on the network (the clients).
The ClockWatch host server's job is to keep the time accurate on the host and to process requests and send appropriate responses. The ClockWatch Client's job is to send requests to the ClockWatch server to maintain the correct time. All interaction with external timeservers is done by the host server. The communication link with the clients must be a network (e.g., Ethernet) connection.
Beagle Software's systems offer you an easy way to implement OATS compliance to every Windows PC on your LAN
Why Use Beagle Software?
As a potential Beagle Software customer, you can be secure in the knowledge that you would be working with a vendor who specializes in installing time synchronization solutions for the securities industry.
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