Sybase Announces Event Streaming Processor For Real-Time Analytics

Sybase, Inc., a SAP company and enterprise and mobile software provider, has announced Sybase Event Streaming Processor (ESP), a major new version of Sybase Aleri CEP platform. Sybase ESP, version 5 of the Sybase Aleri Event Stream Processor, delivers major new capabilities in enterprise scalability and user productivity. The new solution empowers customers to deliver real-time applications such as continuous risk assessment, extremely complex low latency algorithmic trading and the creation and dissemination of highly enriched market data, in a fraction of the time that traditional approaches would require.

Delivering real-time Continuous Intelligence, Sybase Aleri ESP provides capital markets, telecommunications and other firms with the capabilities to monitor, detect, analyse and respond to events as they occur. This continuous intelligence solution empowers businesses to make the most opportune corrective, profitable, competitive and value-add decisions.

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“With unequalled history in real-time analytics leadership, from low latency benchmarks to proven scalability, we have taken the fastest CEP engine and made it faster, more enterprise-ready and easier to use,” said Eric Johnson, senior vice president, Financial Services Industry , Sybase Inc. “Through this latest release, Sybase offers unparalleled innovation as a result of the strongest R&D focus in the event stream processing industry. We believe we are empowering our customers with a strategic real-time competitive advantage with Sybase ESP.”

The new version of Sybase Aleri ESP directly addresses the needs of customers in number of key areas. For ease and efficiency in defining continuous queries, the ESP Studio delivers a simple visual editor combined with a powerful SQL-based event processing Continuous Computation Language (CCL). The new advanced cluster architecture significantly enhances scalability and deployment options by enabling continuous queries to be deployed in a private cloud environment.

In the financial markets, where customers are some of the most demanding users of Sybase CEP technology, the Event Stream Processor is up to the challenge. With market data analytics, both buy-side and sell-side firms can apply cleansing and enrichment rules to in-bound market data via streaming and batch feeds. Users can also collect market data in Sybase RAP and apply queries to derive valuable new data commercial insight or breakthrough competitive trading strategies.
In addition, Sybase ESP provides a non-intrusive way of consolidating and aggregating risk and position data across heterogeneous systems with real-time valuation and monitoring. Users can access this information for real-time analysis or for more detailed stress scenarios as events occur to provide additional insight or to react to an unexpected real-time event.

Sybase ESP also enables trade and algorithm monitoring, enabling users to monitor trading performance indicators and manage automated trading strategies for optimal results. Organisations can use the combination of Sybase ESP and Sybase RAP to analyse current and historical data to uncover patterns supporting real-time decision making and to refine strategies through regression testing.