iSpheres Corporation released version 5.5 of the iSpheres Event Server, a complex event processing (CEP) engine used for financial applications requiring low latency streaming data capture, analysis, and action.
The new version now supports distributed processing scaling to millions of transactions per second.
Event server’s distributed processing enables financial firms working with extremely high streaming data volumes — such as those needed for real-time fraud detection/compliance and pre-trade risk management — to achieve greater throughput from the ability to partition event streams across multiple servers.
“Customers now have enormous flexibility in how they implement complex event processing,” said Deepak Gupta, iSpheres CEO. “They can send data streams to specific servers based on function, for example to a data cleansing server or an analytics crunching server. Distributing streams makes for a faster and better-tuned CEP environment and one with the nearly limitless scalability that today’s trading volumes demand.”
As with previous releases of Event Server, version 5.5 can be implemented on a single computer. However, the distributed processing functions in Event Server 5.5 support expandability to thousands of streams and millions of transactions per second.