Press Releases

Wall Street On Demand Named InfoWorld 100 Winner For Leveraging StreamBase To Execute Real-Time Market Data Analysis

Goldman Sachs Company Drives Cost-Effective, Flexible Development Of Complex Event Processing Applications With StreamBase

BOSTON, MA – November 14, 2006 — StreamBase Systems, Inc., provider of the industry's fastest and most powerful real-time and historical Complex Event Processing (CEP) software, today announced that Wall Street On Demand (WSOD) has been named to the 2006 InfoWorld 100 for its award-winning use of StreamBase. As a winner within the InfoWorld 100 Financial Services category, WSOD joins ranks with Wachovia, Credit Suisse, HSBC Bank, SunTrust Bank, and others who have been recognized for the most creative, cutting-edge use of technologies to further their business goals. StreamBase is the only vendor in the CEP and Event Stream Processing (ESP) space to have a client implementation recognized within the 2006 InfoWorld 100.

"Wall Street On Demand is a true innovator and their story illustrates the tangible results a real-time stream processing platform can deliver," said Barry Morris, Chairman and CEO of StreamBase. "From best utilizing engineering resources, to delivering cutting-edge functionality, with increased business agility, Wall Street On Demand is doing it all. We're proud of our work with Wall Street On Demand and congratulate them on their well-deserved recognition as an InfoWorld 100 winner."

As a company that develops investor Web sites for many of the nation's largest brokerage firms, WSOD must process, analyze, and respond to information coming in from nearly 1,000 market data feeds and market and portfolio changes are instantly updated with its clients' end users. WSOD uses StreamBase's Stream Processing Engine, fueled by the standards-based next generation query language, StreamSQL, to achieve the fastest real-time processing of this portfolio data.

With StreamBase, WSOD can query, process, and analyze real-time data at rates of more than 20,000 messages/second and update 500,000 client portfolios instantaneously. StreamBase's combination of real-time performance, persistence, and programmability empowers companies like WSOD to solve new classes of business challenges in a more timely, scalable, and cost-effective manner than custom-coding. In fact, by leveraging StreamBase, WSOD was able to build a new portfolio modeling application for a major online broker client within five days. Once testing was successful, WSOD then focused on maximizing the number of end-user portfolios it could run through StreamBase.

"We quickly realized how StreamBase's infrastructure has eliminated the previous need for our engineers to be bogged down in low-level plumbing," said John Leslie, Chief Technology Officer at WSOD. "In the past, when a client requested a new feature, such as a new data stream for their retail investor sites, it could have taken months to add. Clearly, this needed to change as clients want these new capabilities immediately."

To read more about the 2006 InfoWorld 100 list, please click here.

About WSOD

Wall Street On Demand (WSOD), a Goldman Sachs company, is a high-technology, financial internet company that provides investment research via the Internet and facsimile to a wide range of investors around the world. Founded in New York City in 1992, WSOD has emerged as the industry's leader in allowing investors to access research from the most well-known information providers. Wall Street On Demand specializes in providing financial research to retail consumers; WSOD's specialty is custom financial site integration as well as the creation of graphical research for the individual investor. In 1997, WSOD moved its offices to Boulder, Colorado. Since then, WSOD has thrived in Boulder and currently employs more than 140 team players. For more information, visit www.wallst.com.

About InfoWorld Media Group

InfoWorld Media Group helps senior technologists connect technology and business strategy for maximum impact at their organizations. Through integrated channels including online, events, demand generation and a weekly print magazine, InfoWorld reaches the most influential senior-level information technologists -- those who drive their enterprises' strategies and technology purchases. Powered by a continued investment in an independent Test Center, InfoWorld analysts and editors provide both hands-on analysis and evaluation, as well as expert commentary on issues surrounding emerging technologies and products. Visit InfoWorld at www.InfoWorld.com.

About StreamBase

StreamBase's award-winning Stream Processing Platform, fueled by the standards-based next generation query language, StreamSQL™ and an Eclipse-based development environment, offers the fastest Complex Event Processing software for processing of real-time and historical data. With StreamBase and StreamSQL, enterprises can query, process, and analyze real-time and stored data at rates of up to hundreds of thousands messages/second. StreamBase's combination of real-time performance, persistence, and programmability empowers enterprises in industries like financial services, telecom and networking, e-Business, government and military to solve new classes of business challenges in a more timely, scalable, and cost effective manner than custom-coding. StreamBase is headquartered in Lexington, Massachusetts with offices in New York, Washington, D.C., and London. A downloadable version of StreamBase's software is available at www.streambase.com.

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