Case Study: MIAX improves data filtering and enrichment with Cribl Stream

MIAX enriches data across 3 exchanges with Cribl Stream

MIAX, a multi-exchange operator running several US options and equity exchanges, faced challenges in managing massive and unpredictable data flows from their expanding operations. Their existing Splunk-based APM solution struggled with cost efficiency and handling data spikes. They sought a way to pre-filter this data to control costs and shape the event flow, leading them to evaluate Cribl Stream.

By implementing Cribl Stream, MIAX gained the ability to pre-filter, drop unnecessary data, and enrich events with vital context before they reached Splunk. This solution provided greater control over data flow, reduced costs, and significantly improved the efficiency of their client support team by delivering time-saving metadata. The team found Cribl to be integral to their operations, enabling them to alert, triage, and diagnose production issues much more effectively and cost-efficiently.

MIAX