The systems and methods of the present disclosure utilize an advantageous data transmission protocol, which facilitates determining and compensating for transmission delay between nodes in a communications network in order to correlate timing information across multiple nodes. According to the systems and methods presented herein, data may be transmitted from a first node to a second node, wherein the transmitted data includes each of (i) timing information (as measured by a first timing mechanism associated with the first node) characterizing a first set of data and (ii) a transmission time (as also measured by the first timing mechanism). A receiving time (as measured by a second timing mechanism associated with the second node) for the first set of data, may also be determined. Based on these parameters timing information characterizing the first set of data in the context of the second timing mechanism may then be determined.