CEP and market feeds combine

Complex event processing has much of Wall Street in a development near-frenzy. The sell-side power players as well as top hedge funds have all bought into the need for better applications built on real-time automated analysis of various data streams. But customizing a specific solution isn't exactly a snap. And many are looking for help from top platform vendors, who are inking deals with data providers to make development a bit easier for end customers, reports Securities Industry News. Aleri has teamed with Activ Financial on a service that allow users to apply real-time analytics to a low-latency data feed. StreamBase Systems and Vhayu Technologies, a provider of market data and storage technology, have linked up to offer a similar service. I wouldn't say that out-of-the-box solutions are at hand. But development is much easier with such services.   

For more:
- here's the Securities Industry News article
- Aite finds strong growth and myriad uses for CEP apps. Article