In the telecom industry, applications supporting voice communication need to timestamp incoming packets from different sources in order to re-assemble (or discard) the correct order to play back to the handset. For example, in the financial services industry, it’s important to timestamp transactions with sufficient granularity and accuracy from a reference standard clock as to be able to determine the execution requests from different counterparties, the correct execution order, and when the trades are retired for auditing purposes. At a high level, it allows these applications to accurately construct the precise sequence of events that have occurred or is occurring in real time. ![]() Precise timekeeping is a key attribute for many types of applications.
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