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Darmstadt, Germany, 4/24/2014
Software AG (Frankfurt TecDAX: SOW) today announced that its Apama software has been recognized as the industry leading ultra-high performance complex event processing technology for the second year running by Waters Technology. With significantly enhanced speed and scalability, Apama was acknowledged as best sell-side CEP technology reflecting an industry-wide move to broaden the role of CEP to encompass high frequency surveillance and real-time risk management as well as trading.
Dr. John Bates, Software AG CTO for Intelligent Business Operations and Big Data stated: “It is extremely gratifying to see the major investments that have been made in Apama over the years continue since joining Software AG. The integration of Apama with Software AG’s in-memory data management and low-latency messaging software allows us to address a much wider range of capital markets issues and provide preventative solutions to many of today’s issues. We are continuously taking CEP to the next level.”
Apama is a flexible and powerful platform for algorithmic trading, FX eCommerce, risk and compliance monitoring and other high frequency, low latency applications.
Apama recently released three ground-breaking advances in the area of compute intensive, big data centric, real-time applications.
While Apama has always been at the forefront of high-performance event processing, adding LLVM, in-memory data management and ultra-low-latency messaging is a paradigm shift in the CEP vendor landscape. Apama now enables organizations to build more advanced applications, perform more complex operations on larger volumes of faster moving big data; while maintaining high and predictable performance at scale.
Furthermore, Apama continues to reduce time-to-market for CEP applications through an extensive library of components such as execution algorithms, pricing aggregators, auto-hedgers, 3rd party quant plugins, position and P&L services and market data handlers. With library, the Capital Markets Foundation, clients can build genuinely differentiated IP at reduced risk and timescales by not having to build from the ground up.
As the world's leading CEP engine, Apama has over 150 deployments with 8 of the world’s top 10 world’s banks (as ranked by Return of Equity) being long-term users of Apama.
For more information see:
About Software AG
Software AG (Frankfurt TecDAX: SOW) helps organizations achieve their business objectives faster. The company's big data, integration and business process technologies enable customers to drive operational efficiency, modernize their systems and optimize processes for smarter decisions and better service. Building on over 40 years of customer-centric innovation, the company is ranked as a "leader" in fourteen market categories, fueled by core product families Adabas-Natural, ARIS, Alfabet, Apama, Terracotta and webMethods. Software AG has more than 5,200 employees in 70 countries and had revenues of around €973 million (IFRS, unaudited) in 2013.
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