StreamBase Introduces Real-Time Profit and Loss Platform for Capital Markets

18 March 2008

StreamBase Systems, Inc., a leading provider of high-performance complex event processing (CEP) software, today announced the release of its Real-Time Profit and Loss Platform for Capital Markets. StreamBase’s Real-Time Profit and Loss Platform features StreamBase’s award-winning CEP engine with high availability, visualization tools, market data feed integrated adapters, and a workflow development environment. This provides customers with rapid time to market, high-performance and extensive connectivity.

“Real-time profit and loss is now top of mind for every Wall Street CFO”, said Chris Risley, CEO of StreamBase Systems. “With the recent financial crises, the need for investment banks and hedge funds to have real-time information on the thousands of market positions across multiple portfolios and brokers has never been more critical to the bottom-line.”

Financial instruments and markets are more complex than ever before. Reporting profit and loss has to be done in real-time. StreamBase’s Real-Time Profit and Loss Platform meets this growing requirement,” said Colin Clark, VP Customers.

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