StreamBase Systems today announces that Nest Investimentos has selected and deployed StreamBase CEP for algorithmic trading, order routing, risk management, market data management and pricing analytics.
Nest Investimentos is using StreamBase CEP as the underlying platform for its real-time trading infrastructure, connecting to BM&FBOVESPA to trade equities, futures and derivatives.
Nest Investimentos needed a CEP platform that could be used to build a wide array of real-time applications, from market data connectivity to order routing and real-time analytics. Nest's requirements included high-performance CEP computing capabilities, rapid development tools, developer training programs and certification, and comprehensive testing and deployment capabilities.
"By choosing StreamBase CEP, Nest is able to retain the flexibility of in-house development, and still realize the accelerated time-to-market of a black-box solution at a fraction of the cost and time," said Luis Fonseca, CEO and Partner at Nest Investimentos. "Our developers love that they can extend StreamBase to include their existing Java and MatLab code, and avoid re-writing entire systems. This allows us to bring in a new platform and keep what works but on a platform which is designed for low-latency trading and rock solid."
"The wide range of applications developed by Nest Investimentos is a testament to the depth and breadth of the StreamBase CEP platform," said Mark Palmer, CEO of StreamBase. "The developers at Nest Investimentos have embraced StreamBase and the business is reaping the benefits of rapid time to market and faster iteration to provide Nest Investimentos with a strong competitive advantage."