Aleri Labs opens London office

Aleri Labs a provider of innovative stream processing technology for the financial services industry, today announced that it has further expanded its presence in the United Kingdom with a new sales and product demonstration facility in London. In addition to the London office, Aleri Labs has a product development and 24/7 customer support center in Woking, Surrey.

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A leader in the fast-growing event stream processing space, Aleri Labs is the developer of the Aleri Streaming Platform, innovative application development software that allows financial institutions to quickly and cost-effectively build custom applications able to process hundreds of thousands of data messages per second. Unique among existing event stream processing technologies, the Aleri Streaming Platform offers data capture, event detection and data aggregation and analysis capabilities, making it an ideal fit for trading, risk management and compliance departments.

"We have seen great interest in the Aleri Streaming Platform among UK-based financial institutions," said Nick Deacon, senior vice president of Aleri Labs and head of the London office. "As more and more of our clients explore streaming applications, the new office will ensure that Aleri Labs is well-positioned to support them as efficiently and productively as possible."

Aleri Labs and its parent, Aleri, have a customer base made up of more than 25 global financial institutions, which use their products for streaming and real-time applications for a wide range of mission critical applications, from wholesale banking transaction systems to intraday liquidity management.

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