Disclosed are a method of and system for providing time synchronization among first and second computer systems, where each of the computer systems includes hardware, operating system software and a layer of microcode operating between said hardware and said software. The method comprises the steps of using the microcode of the first computer system to provide a first timestamp, using the microcode of the second computer system to provide a second timestamp and a third timestamp, and using the microcode of the first computer system to provide a fourth timestamp. The method comprises the further steps of using the first, second, third and fourth timestamps to determine a timing difference between the first and second computer systems, and adjusting the timing among said first and second computer systems on the basis of said determined timing difference. Preferably, the first and second computer systems are connected together by a point-to-point link; and the first timestamp is sent from the first computer system to the second computer system, and the second and third timestamps are sent from the second computer system to the first computer system over that point-to-point link.