23 Mar 2009
, Dublin, Calif
: Sybase, Inc. (NYSE: SY), an industry leader in delivering enterprise and mobile software, today announced Sybase® CEP, a complex event processing (CEP) technology for performing analytics on high speed streaming data. By integrating Sybase CEP with RAP – The Trading Edition™, Sybase provides a complete platform for trade lifecycle analytics and furthers its leadership in analytics. Sybase CEP extends the Sybase RAP platform’s capability to store and analyze vast amounts of real-time and historical data, by providing real-time intelligence on high speed streaming market and trade data with minimum latency.
“Sub-second and millisecond data is not only driving trading decisions but increasingly driving a greater percentage of industry-wide decisions,” said Larry Tabb, CEO, TABB Group. “As more data becomes available for real-time decisions—and competition, financial, and regulatory pressures constrain the financial organization—businesses will need to integrate institutional and real-time data to make more intelligent decisions under tighter time pressures. CEP technologies will be at the core of this movement.”
Sybase CEP in conjunction with RAP – The Trading Edition provides integrated solutions for traders, risk managers and quantitative analysts. Traders and risk managers need the ability to do real-time analytics on high speed streaming trade and market data, to capture risk and react to new opportunities with minimal latency. Using Sybase CEP, traders can identify patterns on streaming data and take immediate action while risk managers can aggregate trade data across multiple systems and monitor trader activity to calculate risk and P&L in real time. This technology also allows quantitative analysts to back test their algorithms using historical data stored in Sybase RAP.
“The ability to react in real time to changing market conditions has become mission-critical,” said Dr. Raj Nathan, Chief Marketing Officer at Sybase. “Sybase is broadening its leadership in analytics as the only vendor to offer a fully integrated enterprise class capital markets platform—Sybase CEP provides our capital markets customers the ability to do analytics on streaming data, complementing RAP – The Trading Edition which stores and analyzes massive amounts of real-time and historical data.”
Sybase CEP provides a rich development and deployment environment for building event-based applications. By providing an intuitive, SQL-like event processing language, integrated graphical development environment, rich built-in functions, and broad adapter support, Sybase CEP makes application development efficient. Key features include:
- SQL-like CCL language for application development
- Adapters, SDKs and UDFs for building custom adapters and applications
- Studio for ease of use in development and deployment
- Performance and scalability
In addition to capital markets, Sybase plans to leverage Sybase CEP in other key verticals that have a need for high speed streaming analytics, including telecommunications, healthcare and government agencies.
Sybase will be hosting the Sybase CEP launch event in Sybase's New York office on Wednesday, March 25. Please click here to register. For more information on Sybase CEP, please visit: http://www.sybase.com/risk
About Sybase, Inc. Sybase is an industry leader in delivering enterprise and mobile software to manage, analyze and mobilize information. We are recognized globally as the performance leader, proven in the most data-intensive industries and across all systems, networks and devices. For over 25 years, our information management, analytics and enterprise mobility solutions have powered the world’s most mission-critical systems in financial services, telecommunications, manufacturing and government. For more information, visit http://www.sybase.com. Read Sybase blogs: http://blogs.sybase.com. |
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