Aleri, a leading provider of high performance complex event processing technology, and Activ Financial, a leading provider of low-latency market data solutions, today announced that they are partnering to provide financial institutions with low-latency market data combined with real-time analysis.
The integrated solution will provide traders and brokers with the ability to easily implement real-time analytics that deliver continuous insight and immediate response to fast changing market data.
"As the financial markets automate, financial institutions are increasingly challenged with implementing and managing industry leading technology solutions" said Frank Piasecki, President of ACTIV Financial. "Complementing ACTIV's comprehensive and managed content set with Aleri's high performance analytics engine gives the customer a unique solution to drive their business objectives."
ACTIV and Aleri have integrated Aleri's CEP platform with the ACTIV market data infrastructure, allowing customers to apply their own real-time analytics to the low-latency market data delivered by ACTIV, whether it's via direct feeds or ACTIV's hosted systems. Customers can use Aleri's high level authoring tools to rapidly define continuous queries that aggregate and analyze real-time trade and quote data for insights into the markets. The Aleri platform supports all data sources available on ACTIV, including trades, quotes and full market depth.
As part of this integration, Aleri's Market Liquidity Analysis engine is now available to ACTIV customers, providing the ability to analyze market depth across multiple exchanges. Implemented on the Aleri CEP Platform, MLA allows users to easily compute key market indicators that combine trade, top-of-book and full market depth information across exchanges, across multiple currencies, and even across asset classes.
"In today's highly competitive capital market environment, firms are looking for a competitive edge that allows them to quickly get insight into a market that is more complex than ever due to fragmentation of liquidity," said Jeff Wootton, vice president of product development at Aleri. "Integrating Aleri's CEP platform with ACTIV's low-latetency feed handlers will provide firms with the ability to easily and quickly develop and deploy high-speed data applications that will provide firms with insight into the market and the ability to act on changes as they occur."