Improve Regulatory Compliance and Risk Management With Complex Event Processing

JERSEY CITY, N.J., Sept. 21 /PRNewswire/ -- The fall of the financial markets in 2008 caused asset management and securities trading firms to find new zeal in managing their SEC compliance and trading risk.  To meet today's requirements, streams of real-time data must be analyzed in parallel, and deep multi-faceted business events must be recognized within corporate processes. A key enabling-technology for this analysis is Complex Event Processing (CEP) software, something that Dr Arbeeny is very familiar with, having recently produced a real-time portfolio performance reporting tool for a leading investment management firm.

Dr Arbeeny, PhD and Director of Strategic Business Technologies for GL Associates, has developed numerous interactive website systems and web-technology networks within a wide range of industries, including financial services.  His solutions allow secure web access to centralized databases and communication via international email networks and computer based video-conferencing.  In the financial sector, Dr Arbeeny's solutions leverage CEP software to organize, monitor, and communicate real-time data streams such as security prices, executions, cash-management, trade reporting, confirmations, contra-party lock-in messages, clearing info, etc.

If you would like to learn more about proper regulatory and risk management for your organization, join Dr Arbeeny at either Oracle OpenWorld 2010 or his upcoming webinar on Thursday, September 30, 2010.  The presentation, entitled "Financial Market Risk Management/ Compliance with Complex Event Processing", covers how to use CEP in the financial industry so that companies enable risk management and compliance, avoid common pitfalls in maintaining large rule databases, and incorporate the application of Bayesian classification to simplify rules for more human-like interpretation of complex events.

For more information on Dr Arbeeny's session, 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