StreamBase, a provider of trading software, has integrated its complex event processing (CEP) platform with Solace Systems’ middleware routing technology, which it claims will improve real-time trading decisions.
The combined solution is designed for easier receiving, filtering and analysis of market data, news and other inputs that drive trading decisions.
Using Solace’s hardware-based messaging product, market data feeds will be filtered and routed into narrowcast streams that can be fed directly into StreamBase’s CEP engines for analysis. According to StreamBase, the combined offering will enable greater low-latency trading and improved risk management across equities, options and FX.
“Market data management is the foundation for trading successfully in today’s capital markets,” said Kevin McPartland, senior analyst at consultancy firm TABB Group. “Tight integration between messaging and analytics can drastically reduce the time to market for new strategies and allows for lower latency and increased reliability.”
“What really matters to trading profitability is the time from idea to implementation,” added Richard Tibbetts, CTO at StreamBase. “By providing high performance connectivity to Solace out of the box, StreamBase enables firms to rapidly develop and deploy low-latency trading infrastructures.”