CHICAGO, October 23, 2006 â Aleri Labs, a leading provider of event stream processing technology for the financial services industry, today announced that it had broken the sub-millisecond latency barrier for event stream data processing.
This new performance standard is available today through the Aleri Streaming Platform, the companyâs high-performance application development platform. Financial institutions use the Aleri Streaming Platform to analyze market data, process trades, monitor compliance and manage risk in real-time.
âWhen firms look at event stream processing, the primary concern we are hearing is ultra-low latency, the absolute minimum delay from the time event data is received to when the results of the analysis are available,â said Don DeLoach, CEO of Aleri Labs.
However, to date it has been throughput, not latency, that has received the majority of attention within the event stream processing space, largely due to the various claims of other technology providers.
âEvent stream processing technology firms have long engaged in a game of one-upsmanship,â added DeLoach. âOne company claims its product can process 250,000 events per second, then another steps up to claim 500,000 transactions per second. While the Aleri Streaming Platform can meet or exceed any of the numbers out there, weâve resisted making these claims because, while most companies have a âgood enoughâ standard for throughput, they have a ânever enoughâ standard for latency, where every millisecond counts. Companies will always strive for faster data and faster processing.â
Aleri Labs invites customers to do their own performance comparisons. To learn more about the Aleri Streaming Platform or to arrange for an on-site performance test