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StreamBase and Solace Systems Partner for Low Latency Trading Solutions

Combined products provide CEP and middleware routing products that can receive, filter and analyze market data.

StreamBase has integrated its CEP platform with Solace Systems’ hardware-based middleware routing products. The combination of these technologies provides customers with a solution for receiving, filtering and analyzing market data, news and other market inputs to improve real-time trading decisions and profits.

Solace’s hardware-based messaging filters and routes full market data feeds into narrowcast streams which can be directly fed to Streambase CEP engines for market data analysis and trade decision making. Solace and StreamBase together provide a platform for very low and consistent latency while enabling faster trading and improved risk management across multiple asset classes – especially equities, options and FX, according to the vendors.

“CEP is a well established and rapidly growing choice for capital markets architects dealing with algorithmic trading, risk management and compliance,” said Shawn McAllister, CTO at Solace Systems, in a press release. “By integrating with StreamBase, we are making it easier for our customers to add sophisticated event processing capabilities to their trading applications.”

“Market data management is the foundation for trading successfully in today’s capital markets,” said Kevin McPartland, Senior Analyst at TABB Group. “Tight integration between messaging and analytics can drastically reduce the time to market for new strategies and allows for lower latency and increased reliability.”

"What really matters to trading profitability is the time from idea to implementation,” said Richard Tibbetts, CTO at StreamBase. “By providing high performance connectivity to Solace out of the box, StreamBase enables firms to rapidly develop and deploy low latency trading infrastructures.”

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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