
CMC Markets Plc has selected StreamBase as their Complex Event Processing (CEP) platform after a comprehensive evaluation of CEP products.
"FX customers have special requirements such as direct bank
connections and the need to rapidly add new data feeds", said
Mark Palmer, CEO of StreamBase. "CMC Markets' selection of
StreamBase is another sign that CEP is moving away from first
generation applications such as algorithmic trading for equities
and into more second generation applications, including those for
FX. Second-generation CEP platforms not only offer customers a
comprehensive development environment with tools for unit testing
and visual debugging, but also embrace standards, offer
multi-threading for scalability, and offer a wide range of
connectivity options."