Today StreamBase announced integration with Trading Technologies (TT). This integration makes it faster and easier to connect CEP-based applications to the derivatives market via TT.
At StreamBase we announce connectivity partnerships like TT only after serious business validation from customers. I spoke with one of those customers last week, and what they told me is that by combining StreamBase and TT, they can uniquely scale their trading strategies, by providing an open -- and connected -- environment for derivatives. TT's customers are loyal and happy, but when clients want to scale out and execute hundreds of trading strategies, or put their own, proprietary logic into those strategies, or elegantly combine trading algorithms with their proprietary analytics -- the integrated StreamBase / TT architecture shines.
Today, TT customers that want this scalability and custom control over trading strategies would have to resort to building low-level code in Java, .NET or a low-level, text-oriented CEP programming language; StreamBase is the only CEP platform that makes true visual programming a reality. Recently, SunGard made this point about how customers view this as achieving "speed times two" - speed (ultra-low latency) of the applications, and speed to market (speed to develop and evolve applications). We call this visual programming style "whiteboard programming" -- a dramatically faster way of building applications, and a style of development that allows quants and trading strategists to participate in the development of derivatives trading logic. StreamBase / TT applications can now be developed visually -- just like you would sketch and describe the on a whiteboard.
This StreamBase/TT connectivity is now certified and available. We'll be at the 26th Annual Futures & Options Expo this week at the Hilton Chicago. Visit StreamBase at booth number 108 to learn more.