Connectivity

NPL Timing Services

CERTIFIED TIME DIRECTLY FROM THE SOURCE, COMPLIANT WITH THE MIFID II RTS 25 TIMING TRACEABILITY REQUIREMENT

NPLTime® is a trusted timestamp provided by NPL, the United Kingdom’s National Measurement Institute and is fully compliant with the MiFID II RTS 25 timing traceability requirement.

NPLTime® is now available on SFTI’s Atrium infrastructure via a simple cross-connect in one of our supported locations (ICE’s Basildon datacenter, plus the access centers of Interxion, Telehouse, and Equinix Slough) or via access circuits in the surrounding London Metro area. The service is unique in offering ICE clients a time signal that cannot be disrupted by outside interference, is certified to meet MiFID II requirements and can be implemented quickly over dedicated infrastructure.

NPLTime® completely eliminates reliance on GPS and offers a reliable service by removing susceptibility to jamming, spoofing, urban canyon effects and solar storms. ICE still adopts GPS as a complementary back-up source in their Basildon data centre to protect against the unlikely scenario of losing both NPL sources. This ensures the most reliable, accurate and secure time service possible to clients in this facility.

By using NPLTime® customers also get a guarantee of support and accuracy using the same primary time service as the ICE exchange.

Why Come to ICE?

  • Customers with infrastructure in any of our 4 x NPLTime® locations can access the service via a simple cross connect, or our Managed NPLTime solution option delivers a certified timing service to your location
  • End user hosts dedicated managed endpoint device(s)
  • Achieve MiFIDII compliance via NPL Certification
  • Simplify your regulatory obligations, using NPL to assist in traceability of timestamps, with timing granularity to +/- 1 microsecond of UTC
  • Competitive pricing for this premium product
  • Continuous monitoring of accuracy levels

Advantages of NPLTime®

     Aids compliance to MiFID II directive
     Certified by NPL at the user's rack
     Continuously monitored by NPL
     Eliminates susceptibility to GPS vulnerabilities
     No roof access required for installation
     Resilience ensures risk mitigation
     Simple to implement
     Built-in redundancy
     Maximizes confidence in data timing
     Inherent synchronization across multiple locations

Disadvantages of GPS

     Can be spoofed (hijacked)
     Susceptible to solar storms
     susceptible to urban canyon effect
     Signal is weak, so easy to jam
     Need to demonstrate that accuracy meets MiFID II requirements
     Continuous monitoring required