Aleri Recognized as a Leader in Innovation for its CEP Technology & Liquidity Management System

10 December 2008

Aleri Inc., a leading provider of enterprise-class complex event processing (CEP) technology and CEP-based applications, today announced that the Aleri Liquidity Management System (LMS) has been named the top liquidity management solution by Financial-i magazine’s annual Leaders in Innovation Awards for the third year in a row. Additionally, Aleri’s flagship CEP technology, the Aleri Streaming Platform, has also received the Financial-i Leaders in Innovation Award.

Financial-i ranked products based on innovations over the last 12 months including, upgrades made to existing solutions, functionality enhancements, and depth and breadth of functionality. The shortlist was then presented to an advisory panel comprising of consultants, market practitioners and analysts, including TowerGroup and Aite Group, to determine the winners.

Aleri’s complex event processing technology has been deployed in some of the most demanding environments within global financial firms. Its flagship CEP technology product, the Aleri Streaming Platform, was designed from the ground up to provide the most robust architecture available for the rapid development of mission critical applications. Earlier this year Aleri recently announced version 3.0 which included a new streamlined look and feel, enhanced ease of use, advanced pattern matching capabilities and integrated connectivity.

Aleri LMS leverages Aleri CEP technology to deliver a real-time view of positions across the enterprise to allow institutions to focus on cost-effective liquidity strategies that reduce operational costs while enhancing their competitive position. Aleri is currently developing a new LMS module called the Liquidity Operational Risk Analysis Module (LORAM), which is designed to give banks the ability to analyze operational liquidity risk in real-time. LORAM provides a flexible liquidity stress testing environment that enables banks to model stress events and gain insight into how different scenarios impact the bank’s liquidity exposure and assets value allowing them to better manage liquidity risk.

“We are pleased to be recognized by Financial-i as a leader in innovation,” said Jeff Wootton, VP of product strategy for Aleri. “Aleri is committed to providing financial customers with products that exceed their expectations and provide them with a strong competitive edge.”

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