Smart Trade signs agreement with EsperTech

Smart Trade has signed an OEM agreement with EsperTech, Inc.

April, 2009

David Vincent

David Vincent

Smart Trade has signed an OEM agreement with EsperTech, Inc. embedding the Esper event-stream (ESP) and complex-event processing (CEP) software into the smartTrade liquidity management system (LMS).  The only open-source Java ESP and CEP engine available today, Esper is ideally suited for real-time event-driven architectures where the engine detects and correlates in real-time complex situations when user-defined conditions occur among large volume event streams.

According to Smart Trade CTO David Vincent, by integrating with the EsperTech ESP/CEP engine, “Smart Trade's FX customers gain a far less costly domain-specific CEP for their SOR, crossing and aggregation strategies on top of already existing programmable rules that our LMS solution produces, integrates and implements for their desk and clients – proof that CEP and liquidity management are complementary.”