Aleri, a leading provider of enterprise-class complex event processing (CEP) technology, today announced a reseller agreement with Sybase that will provide organizations with an integrated platform that combines historical data and low-latency, real-time data.
The agreement allows Sybase to resell Aleri's CEP platform in conjunction with Sybase RAP - The Trading Edition.
The joint solution combines the strengths of Sybase's ability to manage information and deliver unsurpassed levels of data reliability and security, and Aleri's enterprise-class CEP technology that allows for rapid implementation and deployment of business rules required for low-latency analysis of real-time data streams, data capture and retention. Together, Aleri and Sybase provide a complete foundation for solutions including advanced algorithmic trading, order book management and liquidity discovery, real time risk analysis and aggregation, and regulatory and compliance for emerging regulations.
"With a major investment bank in London already benefiting from the Aleri/Sybase partnership, signing of a reseller agreement further formalizes and strengthens our long-standing relationship with Aleri," said Steve Capelli, President of Sybase Field Operations. "Together, we can accelerate the implementation of applications that need to process streaming data in real-time with absolute minimal latency, capture the data in a scalable historic database, and further leverage historic data in the processing of future events."
"The combined solution from Aleri and Sybase fills an essential role in filling the needs of today's rapidly moving financial services industry," said Don DeLoach, CEO of Aleri. "Our joint technologies are very complementary and together enable organizations within capital markets to gain a competitive edge by making faster, smarter and safer business decisions. While perfectly suited for use cases across the trade lifecycle, the underlying technology combination is extensible to a range of other industries."