A method and mechanism for monitoring performance in a network computing system. A user application on a source system is configured to communication with a destination system. The application is configured to load a dynamic linked library upon execution. The dynamic linked library is configured to store packet identifiers and time stamp information for communication packets received from the application prior to the packets being conveyed to the destination system. Upon receipt of an acknowledgement packet from the destination system, the library code is configured to retrieve the previously stored time stamp information, determine transit latency information corresponding to the communication packet, and log the determined transit latency information. Acknowledgement packets may further include time stamp information which may be utilized to determine additional latency information corresponding to the communication packet and/or acknowledgement packet. Logged information may be used to distinguish application problems from network performance problems.