StreamBase announced integration of its CEP platform with Solace Systems hardware-based middleware routing products. The combination of these technologies provides customers with a comprehensive solution for receiving, filtering and analyzing market data, news and other market inputs to improve real-time trading decisions and profits.
Solaces hardware-based messaging filters and routes full market data feeds into narrowcast streams which can be directly fed to Streambase CEP engines for market data analysis and trade decision making. Solace and StreamBase together provide a sophisticated platform for very low and consistent latency while enabling faster, more insightful trading and improved risk management across multiple asset classes especially equities, options and FX.
CEP is a well established and rapidly growing choice for capital markets architects dealing with algorithmic trading, risk management and compliance, said Shawn McAllister, CTO at Solace Systems. By integrating with StreamBase, we are making it easier for our customers to add sophisticated event processing capabilities to their trading applications.
Market data management is the foundation for trading successfully in todays capital markets, said Kevin McPartland, Senior Analyst at TABB Group. Tight integration between messaging and analytics can drastically reduce the time to market for new strategies and allows for lower latency and increased reliability.
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