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TheStreet Open House

Sybase Extends Lead In Continuous Intelligence With Release Of Sybase Event Stream Processor

Stocks in this article: SAP SY

Sybase, Inc., an SAP company (NYSE:SAP) and industry leader in enterprise and mobile software, today announced Sybase Event Streaming Processor (ESP), a major new version of the award-winning Sybase® Aleri CEP platform. Sybase ESP demonstrates Sybase’s commitment to leading the pace of innovation – and leaving the competition behind – in the world of emerging customer demand for real-time analytics.

Sybase ESP, version 5 of the Sybase Aleri Event Stream Processor, delivers major new capabilities in enterprise scalability and user productivity. The new solution empowers customers to deliver real-time applications such as continuous risk assessment, extremely complex low latency algorithmic trading and the creation and dissemination of highly enriched market data, in a fraction of the time that traditional approaches would require.

“The ability to increase the flexibility of tools that allow users to obtain intelligence on high-speed streaming market and trade data with minimum latency is a key differentiator in the competitive CEP environment,” said Larry Tabb, founder and CEO of TABB Group. “Providing the client with a blazing fast, easy to integrate, and extensible platform enabling firms not only to do what they need now, but to adapt to a quickly changing environment is the holy grail for CEP firms.”

Delivering real-time Continuous Intelligence™, Sybase Aleri ESP provides capital markets, telecommunications and other firms with the capabilities to monitor, detect, analyze and respond to events as they occur. This continuous intelligence solution empowers businesses to make the most opportune corrective, profitable, competitive and value-add decisions.

“We are very interested in the new release of Sybase Aleri Event Stream Processor. We anticipate that the new developer interface will further speed application development and we are already using the Sybase ESP in Teevra, our real time trade matching system and STRIDE, our CFD trading platform,” said Prakash Neelakantan, head of products at Headstrong. “The new clustering capability will both increase the speed of some of our current applications and broaden the scope of applications to which we can apply CEP.”

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