Chris Martins

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In financial trading, if you're slow to act on an opportunity, it's gone, seized by a quicker competitor. His profit is your loss. Electronic traders can easily miss a trading opportunity because their trading algorithms failed to detect the right conditions - or didn't detect them quickly enough. So for securities trading operations dependent on automated algorithmic trading - where profit or loss is determined in less than a second - milliseconds do matter. Event Stream Processing enables organizations to make rapid decisions in response to highly dynamic data - data that's continuously changing. Besides financial services, ESP applies to industries as diverse as telecommunications, manufacturing, distribution, retail, energy, and military. Most organizations can benefit from understanding the impact of events as soon as they occur. Organizations must advance th... (more)