23 February 2018
visit www.nextgenbanking.co.uk/

Cürex selects StreamBase for FX

14 December 2009  |  1362 views  |  0 Source: StreamBase

StreamBase Systems, a leading provider of Complex Event Processing (CEP) technology, today announced that Cürex Group, a New York-based institutional FX market leader, has selected StreamBase's CEP platform as the foundation for its ultra low-latency market data and transactional infrastructure.

Cürex chose StreamBase as its internal standard CEP platform after evaluating multiple CEP vendors and trading technologies.



"StreamBase meets and exceeds Cürex's criteria for an ultra low-latency stream processing platform that enables rapid time-to-market and provides a customizable development environment as well as pre-built connectivity to multiple sources of real-time data," said William Dale, CEO, Cürex Group. "For Cürex to lead the FX marketplace we must ensure we are developing FX trading technologies that will remain competitive in the future. This means our technology infrastructure must be built with best-of-breed solutions such as StreamBase that can be rapidly modified in response to tactical and structural changes in the FX market. With StreamBase we can update and test new algorithms in hours versus the days or weeks required by other solutions and this enables Cürex to quickly react to the ever changing needs of the market."



"Cürex's choice of StreamBase is yet another sign that CEP is becoming the de facto standard for high-speed trading systems in capital markets," said Mark Palmer (@mrkwpalmer), CEO of StreamBase. "And the competitive nature of Cürex' selection once again illustrates StreamBase is emerging as the category leader in CEP, because the platform delivers real ease-of-use, and ultra-low latency. These features of the platform allow Cürex to get in market quickly, evolve their strategies quickly, and to execute trading decisions faster than solutions based on other CEP vendors or custom applications. "

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comvisit www.ebaday.comvisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
10925 views comments | 14 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10065 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
7850 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
7546 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7296 views comments | 10 tweets | 14 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job