NPLTime ® offers the financial sector a certified precise time signal, directly traceable to Coordinated Universal Time (UTC) and independent of GPS. The core implementation and additional metrics provide the user with underpinning timing capability for traceable timestamping, latency monitoring and synchronisation. The signal is fully compliant with the MiFID II RTS 25 timing traceability requirement.
The resilient service completely eliminates reliance on GPS and removes susceptibility to jamming, spoofing, urban canyon effects and solar storms. It reduces the costs associated with managing a complex assortment of timing devices and the need to access roof space to locate GPS antennas.
As the home of the UK's National Timescale, UTC(NPL), and the caesium fountain, NPL CsF2 - a primary frequency standard accurate to within one second in 158 million years - NPL is perfectly placed to deliver precision timing services to demanding customers.
Key benefits of NPLTime ®
- Risk mitigation
- Not affected by solar storms, jamming, spoofing
- Resilient close controlled solution
- Simplicity of implementation
- Time is consumed, not managed, leap seconds implemented as part of the solution
- Maximises confidence in data timing
- Ease of audit
- Ensure accurate data release timing
- Enhanced forensic and playback capability
- Enhanced algo optimisation
- Maximises benefit realisation of localised PTP infrastructure upgrades
- Provides both absolute time and sync across implementations
- Eases the requirement internally to achieve compliancy
- Lower cost of infrastructure upgrade
- Inherent synchronisation of multi-location implementations
- NPLTime ® SLA everywhere
- Eases measurement capability
- Network optimisation and latency metrics
- Simplistic tΒ-tΑ latency measurements
Key features of NPLTime ®
- Certified by the National Physical Laboratory
- Compliant with MiFID II RTS 25
- Precision timing distribution solution
- No reliance on GPS or internet time
- Directly traceable and certified to UTC at the point of provision, not the source
- Eliminates susceptibility to GPS jamming, spoofing, urban canyon effects and solar storms
- Uses fibre optic links, ensuring maximum resilience and security
- Provides enhanced synchronisation
- No roof access required
- Built-in redundancy
- Continuous monitoring and audit of traceability to UTC
White paper: NPLTime ® - certified time for the financial sector
With MiFID II due to be in place within two years, NPL and ICE have carried out a proof-of-concept to assess the NPLTime ® service for its suitability for the impending regulations.
Precision timekeeping underpins the modern world. Applications from telecommunications to satellite navigation, surveying and transport systems are underpinned by precise timing, and to enable these systems to operate correctly the same stable and accurate reference time scale must be in use everywhere.
There is no single master clock for the world - the consequences of it failing would be far too severe. Instead, the international time reference is maintained by 70 time laboratories around the world and is based on the average of some 400 atomic clocks. That diversity provides both resilience (the loss of a single clock or even a national time laboratory would have little effect) and accessibility (each major industrial nation contributes to the timescale, and hence has direct access to atomic time).
- Meeting chaired by Professor Sir John Beddington, bringing together the regulatory, finance and international measurement communities to help the realisation of a unified common clock.
- Immediately before midnight on 30 June 2015, NPL introduced the 26th leap second into UTC(NPL).
- Nature reports on how the next-generation timekeepers can only be tested against each other.
Please note that the information will not be divulged to third parties, or used without your permission