Vhayu and StreamBase Partner to Provide Real-Time and Historical Market Data Solutions for Hedge Funds and Investment Banks
First Published Wednesday, 21 May 2008 from Automated Trader : Data News
Vhayu and StreamBase today announced they have joined forces to deliver a tightly integrated platform for real-time and historical market data storage and analysis.
Jeff Hudson, CEO, Vhayu: "By combining StreamBase's Event Processing Platform™ and Vhayu Velocity, we are responding to the market need for CEP software to be tightly integrated with a high performance tick database."
The partnership will provide financial institutions with
the powerful combination of an easy-to-use, high performance
complex event processing (CEP) platform tightly integrated with a
high speed tick database.
In the increasingly competitive world of capital markets,
the winners are those hedge funds and investment banks who can
apply better analytics on shorter timescales to fast moving
market data. Customers using StreamBase and Vhayu can do this
because they are able to rapidly build real-time applications
that load or query large volumes of historical tick data.
StreamBase's high performance CEP platform and Vhayu's Velocity
enterprise class market data analysis and storage solution allow
customers to easily back-test their real-time analytics by
drawing on large quantities of historical data. Any quantitative
analyst who uses an iterative test and revise process to refine
their predictive or trading models will find the combination of
StreamBase and Vhayu Velocity greatly accelerates their work.
"By combining StreamBase's Event Processing Platform™ and
Vhayu Velocity, we are responding to the market need for CEP
software to be tightly integrated with a high performance tick
database," says Jeff Hudson, CEO at Vhayu. "If that integration
doesn't exist, the CEP engine has to make outside queries to
relational database technology, which adds latency that renders
some algos unusable. The joint solution allows firms to devise
algorithmic and quantitative strategies, which may require months
to years of tick data to discover past patterns that may predict
existing or future trading conditions."
Chris Risley, CEO, Streambase: "Our customers have been calling for increased data management and analysis capabilities, and this partnership with Vhayu is in direct answer to those calls,"
"Our customers have been calling for increased data management and analysis capabilities, and this partnership with Vhayu is in direct answer to those calls," says Chris Risley, CEO at StreamBase. "This will allow us to provide our customers with the real-time and historical data they need to get a complete picture of trading activity, combined with our low-latency, high throughput event server, all in a GUI authoring environment."

