Wombat Financial Software, which enables connectivity to the global markets through its market data infrastructure, and Coral8, provider of Complex Even Processing (CEP) software, have publicly announced a partnership to embed the Coral8 Engine into Wombat’s messaging platform. Trading operations departments across the financial markets will be able to use the same Wombat interface to leverage the new technology, benefiting from a single relationship for service and support across the product stack.
Customers can subscribe to any source of data from their Wombat Platform, execute customised algorithms and analytics within the Coral8 engine, and publish the resulting messages and data on any of their applications via the same programming interfaces in use today.
“We are very impressed with Coral8 given the maturity and breadth of features in the core CEP engine, and the level of enterprise solution features already available in the product,” says Danny Moore, COO, Wombat.