CHICAGO - (Business Wire)
Aleri Inc., a leading provider of enterprise-class complex event processing (CEP) technology, announced today that independent test results on the Aleri Streaming Platform have been completed and released by the
Securities Technology Analysis Center (STAC
®).
“With this report, Aleri is the first CEP vendor to publish transparent, objective performance numbers,” said Jeff Wootton, Vice President of Product Strategy for Aleri. “The STAC approach to independent, verifiable testing is the first of its kind for the trading industry, and we are proud to be one of the early supporters of the STAC process.”
The test case was developed by Aleri and STAC, based on Aleri’s experience with trading firms. The project was jointly sponsored by Aleri, Sun and Intel and was designed to measure the latency of the Aleri CEP system running on a Sun server using four quad-core Intel Xeon processors. The Aleri data model used in the test was an order book aggregation model that operated on streaming full-depth order book feeds from US exchanges, which were aggregated to produce a single order book stream as the output. Latency was measured from one end of the Aleri system to the other at message rates ranging from 20,000 to 180,000 updates per second and showed that the Aleri Streaming Platform exhibits average end-to-end latency of 1.2 to 1.5 milliseconds across all update rates.
Aleri is also an active contributor to the STAC-A1 working group within the STAC Benchmark Council, which is currently developing Version 1 of standard benchmark specifications for event-processing platforms. This order-book aggregation test case was developed prior to the creation of those specifications and is not a standard benchmark. Aleri plans to submit this test case to the Council as a proposed specification under Version 2 so that other CEP vendors can produce objectively comparable performance data for order-book use cases.
To review a copy of the “Aleri Streaming Platform on Solaris 10 and Intel Caneland: Order Book Consolidation Test” STAC report go to http://www.stacresearch.com/aleri/.
About Aleri
Aleri is a leading provider of enterprise-class complex event processing (CEP) technology for financial institutions and beyond. Aleri’s CEP Platform was designed from the ground up to provide the most robust architecture available for rapid implementation of mission critical applications within the most demanding environments. Built for high throughput with minimal latency, Aleri’s event processing technology allows customers to analyze and respond instantly to high-volume, high-speed data in order to minimize risk and increase competitive advantage.
Aleri is the first to develop and deploy commercial enterprise-class applications built on event processing technology, the Aleri Liquidity Management System, which is used by some of the largest global bank treasuries in the world, and the Aleri Market Liquidity Analysis engine, which consolidates and analyzes multiple order book feeds from individual exchanges to provide a powerful tool for trading in fragmented markets.
Aleri is a global company headquartered in Chicago with offices in New York, New Jersey, London, and Paris. For more information, visit www.aleri.com.
STAC and all STAC names are trademarks or registered trademarks of the Securities Technology Analysis Center, LLC.
Aleri, Inc.
Kelly Shumaker
312-540-7347
kelly.shumaker@aleri.com
