StreamBase Systems today announces StreamBase LiveView™, a live business intelligence platform for streaming, real-time data.
StreamBase LiveView™ consumes data from streaming real-time data sources, creates an in-memory data warehouse, and provides push-based query results and alerts to end-users. The platform enables near real-time analysis for real-time applications such as trading risk, network operations risk, fraud detection, and web analytics.
StreamBase LiveView™ is designed for ease of deployment and use. Based on the StreamBase Complex Event Processing (CEP) platform, it inherits platform connectivity to over 150 streaming data sources. The graphical StreamBase LiveView™ Desktop allows users to compose queries, create alerts, and aggregate views against multiple streams of data. The StreamBase Continuous Query Processor evaluates queries in real-time as data changes and pushes query results to clients for an always-live user view. Firms can choose to extend StreamBase LiveView™ analytics further by using StreamBase's visual development environment, StreamBase Studio.
StreamBase LiveView™ is already deployed globally at a top tier investment bank to manage trading operations risk in real-time by creating a live, firm-wide warehouse of trading events. The system manages over 100 million trading events a day, streaming directly from 12 event-based systems via enterprise message bus feeds. StreamBase LiveView™ allows users at this firm, including traders, operations, and risk managers, to analyze risk - for example, users can identify orders that are either having a problem, or are about to have a problem, and then drill-down into the live detail of that order, helping them manage issues and find new opportunities.
"We developed StreamBase LiveView™ with leading capital markets firms that wanted to make their trading systems radically transparent and trusted," said Mark Palmer, CEO of StreamBase Systems. "Until now, live data could only be understood after data was digested, summarized, and transformed by a data warehouse or BI tool, often at the end of the day. Not only is batch-oriented processing slow, but users also lose the fidelity of the data and the ability to act while insight is still relevant. StreamBase LiveView™ is a radical departure from traditional BI, providing firms with a live view of operations so that they no longer fly blind in real-time."