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Nascent asset manager Exclusive Quantitative Investment Management (EXQIM) has selected OneMarketData’s OneTick complex event processing (CEP) and database software to underpin quantitative strategy development and deployment in the US and European equities markets.
With the recent launch of its Financial Markets Framework, IBM is positioning itself as a provider of pre-integrated solutions to trading and investment firms, leveraging its own portfolio of hardware and software offerings, and augmenting them with consulting expertise and partner products. The move follows a direction that the IT giant has already taken in verticals such as banking, insurance, and outside of financial services.
Sao Paulo, Brazil-based Alliance Asset Management has gone live with a tick data management and complex event processing (CEP) system from OneMarketData. The proprietary trading specialist commenced production use of the OneTick solution a week ago, using it to “generate alpha researching trading ideas that occur at higher frequencies,” says Vinicius D’alesandro, a partner at the firm.
StreamBase Systems is introducing a community development approach to complex event processing (CEP) with the launch of its StreamBase Component Exchange (SBX), which will allow developers to download and share reusable components in order to create complete applications. The company hopes to “spark innovation” with its initiative, which it says has been driven by customer demand. The move is another illustration of how financial markets firms are embracing collaborative and open source approaches as they seek to reduce development costs and speed time to market.
In a move designed to boost its real-time analytics offerings and allow it to offer turnkey solutions, such as for liquidity risk management, Sybase has acquired the assets of complex event processing (CEP) specialist Aleri, including all of its products. It has also retained key staff in the sales, engineering and marketing areas. The acquisition marks the continuing evolution of the CEP space, as it transforms from a one-time start-up culture to one where enterprise IT heavyweights increasingly compete.


















