Russian Pres. Medvedev's Missile Remarks "Misguided" -- US Defense Sec.
First Published Tuesday, 14 July 2009 from Need to Know News
- Progress and SRL to provide one stop solution
Dr Giles Nelson, Chief Technology Strategist, Progress Software: “In the past, brokers and hedge funds have had little choice but to build this complex technology themselves, which can cost millions and take up to a year to implement." Progress Software Corporation has announced that it has joined forces with Statistical Research Laboratory to deliver plug-and-play solutions to financial trading desks, with the intention of providing a complete trading technology solution for brokers and hedge funds.
The SRL solution will be powered by the Progress Apama Complex Event Processing (CEP) Platform. It will offer two components; ‘Broker in a box’ technology, providing brokers with outsourced algorithmic trading and internalization capabilities across multiple asset classes and ‘Hedge fund in a box’ capabilities, offering hedge funds the technology platform to trade complex, high frequency trading strategies as well as to manage and monitor P&L, risk and back offic...continued


