February 26, 2008
Aleri and Lab49 Partner to Help Traders and Brokers Analyze and Visualize Full Market Liquidity
Lab49 takes real-time analytics provided by Aleri’s Market Liquidity Analysis engine and designs innovative visual framework to provide firms with a competitive edge
Trade Tech MiFID 2008
CHICAGO, LONDON & NEW YORK--(BUSINESS WIRE)--Aleri Inc., the leading provider of enterprise-class complex event processing (CEP) technology, and Lab49, a consulting firm that specializes in building advanced applications for global financial institutions, today announced a partnership to provide advanced tools for consolidating, analyzing and visualizing market information.
Based on Aleri’s Market Liquidity Analysis (MLA) engine, these tools are designed to address key challenges when competing in today’s fragmented market. Benefits include order book consolidation, quote records and market analytics, as well as compliance and best execution.
“Due to MiFID and RegNMS, we have seen increasing demand for tools that can consolidate market data in a fragmented market and analyze full market depth, and we developed our MLA engine to address these needs,” said Ian Hillier-Brook, EMEA channels sales director at Aleri. “We are excited to partner with Lab49, whose expertise and dedication to the capital markets industry has helped us build a framework that will enable financial services customers to visualize the full potential of Aleri’s full market liquidity analysis powered by CEP technology.”
Aleri's MLA engine is one of the first of its kind to offer consolidated market data analysis. It empowers brokers and traders to optimize results across competing exchanges and, by integrating Aleri’s MLA engine with Lab49's visual framework, they can view the overall results in a rich visual format that provides insight into market dynamics.
In addition, it enables them to consolidate trade reports, quotes and order books across multiple exchanges in real-time, creating a single virtual order book that represents the liquidity of the entire visible market along with the capability to produce a consolidated last price and best bid/offer record for each security.
"At Lab49 we are continuously looking to develop and provide our clients with new tools to help them improve performance and efficiency," said Vivake Gupta, co-founder and managing director at Lab49. "The new MLA engine and visualizations help traders and brokers to enhance their market analysis capabilities by allowing them to view and comprehend a tremendous amount of market data very quickly. Beyond the obvious use by firms to help them trade in compliance with U.S. and European market regulations, the analytics provided by Aleri have also enabled us to create an end product to visualize market data and risk in innovative ways to additionally help these firms gain a competitive edge in trading."
To view a live demonstration of the Aleri’s Market Liquidity Analysis engine and its visual components from Lab49, please visit Aleri Booth 2 at Trade Tech MiFID 2008 at Hotel Russell, Russell Square, London WC1B 5BE on Tuesday, February 26, 2008.
Note to the editors: Photos and the demo are available on request.
About Aleri
Aleri is the leading provider of enterprise-class complex event processing technology for financial institutions and beyond. Aleri’s superior Streaming Platform is backed by the company’s deep background and knowledge gained over 20 years of supporting mission critical banking applications for the world’s largest banks and close to 10 years of pioneering research in the field of event processing.
The Aleri Platform was designed from the ground up to provide the most robust architecture available for the rapid implementation of mission critical applications within the most demanding environments. Built for high throughput with minimal latency, Aleri’s event processing technology allows customers to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage. Aleri is the first to develop and deploy commercial enterprise-class applications built on event processing technology, the Aleri Liquidity Management System, which is used by some of the largest global bank treasuries in the world, and the Aleri Market Liquidity Analysis engine, which consolidates multiple order book feeds from individual exchanges to provide a powerful tool for trading in fragmented markets.
Aleri is a global company headquartered in Chicago with offices in New York, New Jersey, London, and Paris. For more information, visit www.aleri.com.
About Lab49
Lab49, founded in 2002, serves leading global investments banks, hedge funds and mortgage institutions and has completed custom software engagements in equities, fixed income, foreign exchange, portfolio management, and real-time risk information delivery systems. Lab49 is the financial services division of Corpus.
Corpus, Inc. is a global information technology solutions provider. Corpus has numerous Fortune 50 clients in the Media & Entertainment, Telecommunications, and Banking & Financial Services verticals. Visit http://www.lab49.com; and http://blog.lab49.com.
Contacts
Aleri, Inc.
Kelly Shumaker, 720-938-5646
kelly.shumaker@aleri.com
or
Lab49:
Metia Inc
Sheryl Lee
+1 917 320 6462
Sheryl.Lee@metia.com
or
Metia Inc
Tinne Teugels
+1 917 320 6458
Tinne@metia.com
or
Metia Ltd
Simona Cotta-Ramusino
+44 (0)20 3100 3603
Simona.Cotta-Ramusino@metia.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment