PRESS RELEASE
SunGard Adds StreamBase Complex Event Processing Technology to Trading Solutions in Japan
TOKYO, JAPAN — OCTOBER 5, 2010 — SunGard, one of the world’s leading software and IT services companies, is adding Complex Event Processing (CEP) technology from StreamBase Systems to SunGard’s GL Stream Order Management System, GL Win trading workstations and market data servers in Japan. The addition of CEP functionality to these local SunGard solutions will help SunGard customers in Japan to enhance their algorithm trading capacity and improve their speed to market for order execution. It will also help them to better manage technical requirements for high frequency trading.
Charles-Henry Choel, global head of trading and client connectivity for SunGard’s global trading business, said, “Our local customers in Japan, and across Asia, have a strong desire to improve their speed to market, now that many exchanges in the region have upgraded their trading systems to allow high frequency trading. StreamBase’s CEP platform will help SunGard’s customers extend their front-office solutions with high-frequency trading functionality, such as intraday risk management and customizable algorithms, in an integrated environment. SunGard’s customers in Japan will therefore be able to trade in high frequency with an optimized environment.”
For more information please contact:
Toby West
SunGard Financial Systems
Tel: +44 (0) 20 8081 2426
Email: toby.west@sungard.com
Emily Pan
StreamBase Systems, Inc.
Tel: +1 781-761-0804
Email: press-enquiries@streambase.com
Twitter: @streambase
Facebook: http://www.facebook.com/streambase
Media Pack: http://www.streambase.com/press-enquiries.htm
About StreamBase
StreamBase Systems, Inc, a leader in high-performance Complex Event Processing (CEP), provides software for rapidly building systems that analyze and act on real-time streaming data for instantaneous decision-making. The World Economic Forum recently awarded StreamBase the title of 2010 Technology Pioneer.
StreamBase’s Event Processing Platform™ combines a rapid application development environment, an ultra low-latency high-throughput event server, and the broadest connectivity to real-time and historical data. Leading investment banks, hedge funds, and government agencies use StreamBase to power mission-critical applications that increase revenue, lower costs, and reduce risk. Applications in Capital Markets include FX Aggregation and Pricing, Smart Order Routing, Market Data Management and Algorithmic Trading.
StreamBase customers include CME Group, SunGard, ConvergEx Group, RBC Capital Markets, CMC Markets, City Index and BlueCrest Capital Management. The company is headquartered in Lexington, Massachusetts with offices in New York, Washington D.C. and London. For more information, visit www.streambase.com.
