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Sybase Announces New Financial Services Real-Time Analytics And Complex Event Processing Platform With StreamBase
Combined Platforms Enable Complex Analytics With High-Volume, Real-Time And Historical Data
Technology Management Conference & Exhibit — NEW YORK — June 19, 2007 — Sybase, Inc. (NYSE: SY), a leading provider of enterprise infrastructure and mobile software, today announced that Sybase's Real-time Analytics Platform, a highly optimized real-time data processing service platform, now integrates with StreamBase's high-performance Complex Event Processing (CEP) platform. The joint solution will support real-time applications having large storage requirements, such as back-testing for algorithmic trading, risk analysis, and historical trade auditing.
The driving market forces behind this solution include competitive pressure to build complex quantitative trading strategies, a heightened demand for combined static and dynamic data analysis, and the explosive growth of market data volumes. "Vendors are recognizing the market demand for applications that can help institutions integrate real-time data, historical data, and overlay analytics to provide both derived data and actionable output," said Ben Butterfield, senior research associate at The Tower Group.
"We're elated to work with Sybase," said Dr. Michael Waclawiczek, Senior Vice President, Products at StreamBase Systems. "As a leader in enterprise infrastructure and mobile software, Sybase aligns perfectly with our industry-leading CEP platform. We look forward to working with Sybase to bring this joint solution to our customers and to further address today's real-time data intensive challenges." [SEE ALSO: STREAMBASE 5.0 DELIVERS FIRST END-TO-END COMPLEX EVENT PROCESSING PLATFORM, June 19, 2007].
Sybase Real-time Analytics Platform is a high performance enterprise-wide solution that delivers in-memory transaction processing, massive time-series data management, deep historical data analysis and is built on Sybase's capital market industry-proven data management and patented data analytics technologies that have been enhanced to perform in a highly scaleable manner.
"Based on our extensive experience in financial services and leading market share, Sybase recognizes the importance of high performance CEP for the industry," said Steve Capelli, president, worldwide field operations. "The combination of StreamBase and Sybase Real-time Analytics Platform provides a powerful platform on which financial services firms can build strategic real-time applications."
Sybase Real-time Analytics Platform can deliver virtual market data feeds at accelerated speeds to match StreamBase's high-performance CEP platform and targets a wide range of real-time front, middle and back office applications including:
- Back-testing trading strategy algorithms using virtual feeds of historical data
- Algorithmic trading applications running queries against both real-time market data and massive historical data repositories of 100+ terabytes
- Validating predictive modeling applications by comparing predicted events to actual events
- Performing pre-trade risk and compliance analysis
Please visit the Sybase booth #3012 during the Securities Industry and Financial Markets Association (SIFMA) Technology Management Conference & Exhibit from Tuesday, June 19th through Thursday, June 21st in New York, NY, to learn more about the integration of Sybase Real-time Analytics Platform and StreamBase platforms.
About Sybase, Inc.
Sybase is the largest global enterprise software company exclusively focused on managing and mobilizing information from the data center to the point of action. Sybase provides open, cross-platform solutions that securely deliver information anytime, anywhere, enabling customers and partners to create an information edge. The world's most critical data in commerce, communications, finance, government and healthcare runs on Sybase. For more information, visit the Sybase Web site: http://www.sybase.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.
©2007 StreamBase Systems, Inc. All other trademarks or trade names are properties of their respective owners. All rights reserved.
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