| By Business Wire | Article Rating: |
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| May 28, 2008 01:00 PM EDT | Reads: |
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Sybase, Inc. (NYSE: SY), the largest enterprise software and services company exclusively focused on managing and mobilizing information, today announced that it has partnered with SL Corporation®, a leading provider of real-time monitoring, analytics and visualization software, to deliver a solution that offers unique and customizable visibility into real-time and historical trading data for the financial services industry. The solution combines RAP – The Trading Edition™, Sybase’s recently launched next-generation market data analytics platform, with RTView™, SL’s business activity monitoring (BAM) platform enabling risk managers and quantitative analysts to make better trading and portfolio decisions with less risk through timelier, more holistic market insight.
In today’s rapidly moving financial services industry, capital market firms face increasing pressure to make faster, smarter and safer trading decisions while simultaneously dealing with the exponential growth in both market data volume and velocity. Quantitative analysts need to quickly identify market opportunities while risk managers must measure risk in real time, placing great pressure on trading systems to help them make instantaneous—and correct—decisions. As a result, capital market firms are demanding solutions that deliver interactive visibility for both the massive amounts of historical data, and the streaming real-time market and risk data, in a single view.
RAP – The Trading Edition and RTView have been certified to work together so customers can achieve immediate results. The solution is able to integrate massive amounts of historical trade and risk data, as well as real-time data feeds and complex event processing (CEP) streams. This unique and completely customizable view into real-time and historical data across the trade lifecycle provides quantitative analysts and risk managers with previously unachievable operational visibility.
“The capital markets industry is highly competitive. To predict price movements and act upon opportunities while mitigating risk, quantitative analysts and risk managers must compare time-critical market data in context with historical trends,” said Dr. Raj Nathan, Chief Marketing Officer at Sybase. “This combined solution delivers real-time opportunity and risk management via an interactive dashboard interface to allow sophisticated risk analysis pre- or post-trade, as well as allowing the development of more refined and risk-aware algorithms.”
“Capital market firms can immediately benefit from this integrated platform combining low-latency response times and fast access to massive historical data stores with a comprehensive BAM platform that provides instinctive context to the data,” said Tom Lubinski, President and CEO of SL Corporation. “Leveraging the sub-second performance and customizability of RTView, and the high-volume, high-velocity data management of RAP, capital market firms can make optimized trading and portfolio decisions with less risk through timelier, more comprehensive market insight.”
The combination of RAP – The Trading Edition and RTView will allow the development of custom applications that can provide:
- Support for real-time capture and storage of market data enabling:
| -- Model development and execution in minutes vs. hours | |||
| -- Back-testing of algorithms against years of detailed market data |
- Support for pre-trade analytics including:
| -- Pricing and order generation | |||
| -- Order book aggregation | |||
| -- Liquidity monitoring |
- Support for post-execution information flow to:
| -- Evaluate efficacy of trading strategies | |||
| -- Monitor P&L and risk at the trade book and portfolio level |
For more information on Sybase’s Financial Services Industry solutions, please visit: http://www.sybase.com/products/industrysolutions/financialservices.
For more information on SL’s RTView solution for Sybase® RAP – The Trading Edition, please visit: http://sl.com/solutions/sybase.shtml.
About Sybase, Inc.
Sybase is the largest enterprise software and services company exclusively focused on managing and mobilizing information. With our global solutions, enterprises can extend their information securely and make it useful for people anywhere using any device. The world's most critical data in commerce, communications, finance, and government runs on Sybase. For more information, visit http://www.sybase.com.
About SL Corporation
Over the past 24 years, SL Corporation has become the most knowledgeable and responsive provider of real-time monitoring, analytics, and visibility solutions. SL’s flagship product, RTView, addresses a broad spectrum of operational visibility challenges spanning business activity monitoring (BAM), business services management (BSM), and infrastructure monitoring. RTView also has become the de facto standard for extending the visualization of complex event processing (CEP) engines, TIBCO messaging middleware, Oracle Coherence data grids, and custom applications. SL’s exclusive focus on real-time visibility solutions, commitment to customer success, and partner-centric culture are why thousands of industry leaders have chosen to work with SL to support their most critical applications and businesses. SL Corporation can be reached at +1 415-927-8400 or on the web at www.sl.com.
Sybase and RAP – The Trading Edition are trademarks or registered trademarks of Sybase, Inc. All other company and product names mentioned may be trademarks of the respective companies with which they are associated.
Special Note: Statements concerning Sybase’s future growth, prospects and new product releases are, by nature, forward-looking statements that involve a number of uncertainties and risks, and cannot be guaranteed. The words “anticipate,”“believe,”“estimate,”“expect,”“intend,”“will” and similar expressions relating to Sybase and its management may identify forward-looking statements. Such statements are intended to reflect Sybase’s current views with respect to future events and may ultimately prove to be incorrect or false. Factors that could cause actual events or results to differ materially include shifts in customer demand, rapid technology changes, competitive factors and unanticipated delays in scheduled product availability. These and other risks are detailed from time to time in Sybase’s Securities and Exchange Commission filings, including, but not limited to, its annual report on Form 10-K and its quarterly reports on Form 10-Q (copies of which can be viewed on Sybase’s Web site).
Published May 28, 2008 Reads 1,089
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