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Friday, March 02, 2007

AITE Group Report on CEP

Posted by Chris Martins

Among the more compelling early success stories for complex event processing has been in capital markets – and more specifically algorithmic trading. So it’s not surprising that industry analysts that cover the area are paying attention to the value that CEP can offer.  One of the key analyst firms, AITE Group, has just published a report, entitled “Confusion about Event Processing (CEP): Overview of EP in the Capital Markets.”   The title suggests some angst about the proliferation of terms to describe the technology, but the report clearly affirms the value of CEP – whatever one's definition.  AITE’s press release states “…the algorithmic trading space helped define the direction in the capital markets. The capital markets represent a natural place for this technology…”  Given the Apama experience and success in capital markets, we would certainly concur with that view.   

For details about the report go to www.aitegroup.com

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