Financial Markets Use Complex Event Processing to Facilitate Better Risk Management

JERSEY CITY, N.J., Oct. 6 /PRNewswire/ -- Following on the heels of a well-attended presentation at Oracle OpenWorld 2010, Dr Arbeeny, PhD and Director of Strategic Business Technologies for GL Associates, will continue discussions on Complex Event Processing (CEP) at GL Associates' 1pm EDT webinar on Thursday, October 7, 2010.

CEP is a key enabling-technology which aids asset management and securities trading firms in better managing their trading risk and compliance for SEC regulations.  By using CEP, firms in the financial markets are able to analyze streams of real-time data in parallel, once their deep multi-faceted events are recognized within their business processes. To sign-up for this webinar, please go to the GL Associates website:  www.glassoc.com/webinars_and_events.php

Trading, risk management and compliance are not the only things that are important to players in the financial markets.  In fact, technological efficiency is critical for these companies to successfully compete in today's market place.  For example, some companies need expertise to get them started – a simple and optimized infrastructure (hardware and software) that can easily scale as business grows.  Other organizations need help with platform integration, for example producing a web-based, secure and friendly interface for companies that trade both equities and derivatives.  Then there are companies that need custom applications, like real-time portfolio analysis software, to gain a competitive edge.  And finally there are firms that need to reduce latency in their trading systems and increase trading frequency to give their clients an advantage in the marketplace.

All of these solutions are part of GL Associates portfolio.  If you would like to learn more, please contact Bill Glasofer at [email protected] or 201.451.9121 x110.  

About GL Associates:

Founded in 1980, GL Associates is a well-known business systems consulting firm with an impressive client list. The company has an excellent reputation based on its ability to deliver innovative, technology-enabled solutions with superior expertise and value, assuring that each project meets clients' quality, schedule and cost objectives. GL Associates offers professional services, business solutions and software products in four key areas: Enterprise Systems, Financial Reporting, Business Technologies and Enterprise Data Management.  For more information on GL Associates, visit www.GLAssoc.com.  

SOURCE GL Associates