Welcome!

Cognitive Computing Authors: Pat Romanski, Yeshim Deniz, Liz McMillan, Elizabeth White, Jason Bloomberg

News Feed Item

StreamBase Introduces Real-Time Profit and Loss Platform for Capital Markets

Platform Addresses Need in Hedge Funds and Investment Banks for Real-Time Profit and Loss

StreamBase Systems, Inc., a leading provider of high-performance complex event processing (CEP) software, today announced the release of its Real-Time Profit and Loss Platform for Capital Markets. StreamBase’s Real-Time Profit and Loss Platform features StreamBase’s award-winning CEP engine with high availability, visualization tools, market data feed integrated adapters, and a workflow development environment. This provides customers with rapid time to market, high-performance and extensive connectivity.

“Real-time profit and loss is now top of mind for every Wall Street CFO,” said Chris Risley, CEO of StreamBase Systems. “With the recent financial crises, the need for investment banks and hedge funds to have real-time information on the thousands of market positions across multiple portfolios and brokers have never been more critical to the bottom-line.”

StreamBase is formally introducing the Real-Time Profit and Loss Platform with events to over 100 senior executives representing some of the leading investment firms from North America and Europe. These events are hosted by Colin Clark, VP Customers, a 22-year Capital Markets veteran and expert on real-time profit and loss.

“Daily or intraday systems are no longer adequate for assessing profit and loss. Financial instruments and markets are more complex than ever before. Reporting profit and loss has to be done in real-time. StreamBase’s Real-Time Profit and Loss Platform meets this growing requirement,” said Colin Clark, VP Customers.

StreamBase’s Real-Time Profit and Loss Platform is already deployed at some of the leading investment firms around the world. These customers recognized the increasing risks of market complexity and chose StreamBase’s Platform as their real-time profit and loss solution.

For more information on StreamBase’s Real-Time Profit and Loss Platform please visit the StreamBase Real-Time Profit and Loss Resource Center at www.streambase.com/platforms/pnl

About StreamBase

StreamBase Systems, Inc, a leader in high-performance Complex Event Processing (CEP), provides software for rapidly building systems that analyze and act on real-time streaming data for instantaneous decision-making. StreamBase’s Event Processing Platform™ combines a rapid application development environment; an ultra low-latency, high-throughput event server; and the broadest connectivity to real-time and historical data. Leading investment banks, hedge funds and government agencies use StreamBase to power mission-critical applications that increase revenue, lower costs and reduce risk. The company is headquartered in Lexington, Massachusetts. For more information, visit www.streambase.com.

© 2008 StreamBase Systems, Inc. All other trademarks or trade names are properties of their respective owners. All rights reserved.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, compared the Jevons Paradox to modern-day enterprise IT, examin...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DSR is a supplier of project management, consultancy services and IT solutions that increase effectiveness of a company's operations in the production sector. The company combines in-depth knowledge of international companies with expert knowledge utilising IT tools that support manufacturing and distribution processes. DSR ensures optimization and integration of internal processes which is necessary for companies to grow rapidly. The rapid growth is possible thanks, to specialized services an...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...