New Sybase Streaming Capability Conquers Challenges Facing Trade and Risk Analytics in Capital Markets

Published on April 13, 2011 in Data Management, Technology

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Sybase Replication and Complex Event Processing (CEP) Platform Will Eliminate Data Fragmentation Across the Enterprise for More Effective Real Time Trading and Risk Analysis

BOSTON & LONDON (April 13, 2011) – 2011 TOWERGROUP/CEB ANNUAL FINANCIAL SERVICES STRATEGY & TECHNOLOGY CONFERENCE and TRADETECH EUROPE

Sybase, Inc., an SAP company (NYSE:SAP) and industry leader in enterprise and mobile software, today announced the scheduled release of new and ground-breaking functionality connecting Sybase® Replication Server® to Sybase Aleri Streaming Platform. This new functionality will provide the capability for data events from heterogeneous databases to be propagated in real-time, via CEP, addressing key challenges such as reference data management and risk aggregation. Firms can utilize the Sybase Aleri Streaming Platform, the market leading high performance complex event processing (CEP) platform, and the new capability will integrate with their enterprise database systems to turn transactions into business events which can be consolidated and analyzed in real-time. This further demonstrates Sybase’s customer-driven commitment and innovation in the capital market industry for risk and trading applications.

“The major issue slowing down advances in risk management and trading systems is data access and data quality. This limitation also creates a huge need for FSIs to improve risk management by consolidating real-time data across multiple systems and link those systems to an application that can cleanse, cross-reference, and enrich data across asset classes and locations,” said Stephen Bruel, Research Director, Capital Markets at TowerGroup. “A solution designed to eliminate the latency and performance issues commonly found when trying to continuously collect and analyze data stored in silos will help FSIs make smarter decisions in the highly competitive capital market industry.”

In the financial markets, firms are already using Sybase Replication Server and Aleri CEP for real-time analysis of trade and risk exposure across various asset classes. In many cases, trade and position data is fragmented – stored in a variety of relational databases located in multiple geographies. By integrating Sybase Replication Server with the Aleri CEP engine, users can overcome this fragmentation and consolidate heterogeneous data in real-time. Of particular interest is that this is a non-intrusive approach, which will allow the Aleri engine to tap into existing systems without requiring changes to those systems.

“Sybase’s leading financial solutions

Potential use cases for capital market firms utilizing Sybase’s new adapter include:

  • Compute aggregate risk
  • Dynamic portfolio tracking
  • Monitor trade execution

Potential use cases in other industries include:

  • Threshold Monitoring
  • Inventory Tracking
  • Call center tracking

Sybase introduced the new product today at the 2011 TowerGroup/CEB Annual Financial Services Strategy & Technology Conference & Exhibition in Boston. The product is currently scheduled for general availability late Q2, 2011. For more information on Sybase’s Capital Markets industry solutions, visit: www.sybase.com/capitalmarkets or read blogs.sybase.com/tradingandrisk.

About Sybase

Sybase, an SAP® company, is an industry leader in delivering enterprise and mobile software to manage, analyze and mobilize information. We are recognized globally as a performance leader, proven in the most data-intensive industries and across all major systems, networks and devices. Our information management, analytics and enterprise mobility solutions have powered the world’s most mission-critical systems in financial services, telecommunications, manufacturing and government. For more information: www.sybase.com. Read Sybase blogs: blogs.sybase.com. Follow us on Twitter at @Sybase.

Sybase and Replication Server are registered trademarks of Sybase, Inc. ® indicates registration in the United States. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies.

Forward-Looking Statements

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

Source: Sybase

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