SAP's Sybase was recently recognised by a UK-based financial publication for its enterprise products for the capital markets segment.
Readers of WatersTechnology, a financial IT publication with a circulation of over 10,000, have chosen Sybase to be among the 2011 Waters Rankings, an industry award based on qualified readers' choices.
Sybase was chosen "Best Complex Event Processing (CEP) Solution Provider" and "Best Enterprise Data Management (EDM) Systems Provider". This is the second year in a row that Sybases has won in the CEP category and the fourth year in a row for the EDM category.
"It is truly an honour to be recognised by WatersTechnology's readers as a leading provider of CEP and EDM solutions," said Eric Johnson, senior vice president and GM, financial services industry, Sybase. "Winning in both these categories for consecutive years is testament to Sybase's focus on maintaining and delivering a world-class and innovative product portfolio - including Sybase ESP, Sybase RAP, as well as Sybase IQ. It also demonstrates our ongoing commitment to consistently meet the demanding high-performance standards of today's capital markets firms."
Sybase's bet for the CEP category, the Sybase ESP, is a new version of the Sybase Aleri CEP platform. Sybase said the product "empowers customers to deliver real-time applications such as continuous risk assessment, extremely low latency and algorithmic trading solutions, and the enrichment and deep analysis of big market data, in a fraction of the time that traditional approaches would require."
For the EDM category, WatersTechnology readers chose Sybase RAP - The Trading Edition. Sybase said the solution can store decades worth of market data which financial service firms can use "to support highly effective risk analysis, trading strategy development and execution".
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