StreamBase 6.0 Product Analysis and Thoughts on Leadership
June is a big month for CEP product releases, and the past few weeks have been no exception: Aleri announced version 3, Apama announced version 4, and StreamBase announced version 6.0. Unsurprisingly, all these announcements contain proclamations of leadership. Aleri's...
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Event Processing Technical Society (EPTS): Thanks, Opher
The press release finally hit the wire today announcing the EPTS. The goal is simple: promote awareness about event processing technologies. Immediate reaction has ensued, both negative and positive. To me, having been involved in many of these discussions, I...
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Real-Time P&L Use Case Requirements
Back to our exploration of another use case for CEP: Real-Time P&L. Last week, I published an introduction to RTP&L from a paper I did with Bob Giffords. Tomorrow, Corwin Yu and I will hold a webcast: The Best Practices...
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What Does it Mean to be Mature?
My rebuttal to Ivy Schmerken's article called Deciphering the Myths Around Complex Event Processing has drawn a surprising amount of controversy. In Ivy's rebuttal to my rebuttal, she clarified that the point although CEP is used in mission critical systems...
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Real-Time P&L Best Practice, Motivation, and More
I’ve had the good fortune of working with Bob Giffords, the former CTO of a leading bond trading platform and a well-known industry spokesperson in the financial markets in EMEA, on a paper on Real Time P&L. The paper will...
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CEP Myths: Mature or Not?
Ivy Schmerken recently wrote an article on CEP in Wall Street & Technology called "Deciphering the Myths Around Complex Event Processing." The myths were: 1) the technology is mature, 2) it's sell-side only, and 3) it's "out of the box...
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Perspective on Today's Vhayu / StreamBase Partnership
Today our press release hit the wire describing a partnership with Vhayu. Here's the link to the release on the Vhayu web site: Vhayu and StreamBase Partner to Provide Real-Time and Historical Market Data Solutions for Hedge Funds and Investment...
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Event Processing in the FT Misses the Action
Over the past few years, there has been a noticeable increase in awareness of event processing. This week the Financial Times (FT), one of the most widely read papers in the world, did a nice article on event processing called...
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The Subprime Crisis and Real-Time P&L
In the past few weeks I've been in New York and London, visiting investment firms who use complex event processing (CEP) technology in their trading operations - before one visit, I was surprised to be briefed that the technical team...
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CEP: It's Not Just About Algorithmic Trading
Being at Apama for so many years, I was fortunate to learn about the applications being built with Complex Event Processing (CEP) technology. The academic or deep technical issues of CEP, although fascinating, are well covered by others - I...
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