Posted on November 15th, 2008 by Tim Bass
Sometimes I think Marc Adler is reading my mind, and I wonder how he does it. I have been thinking for weeks about writing a detailed post about why Algorithmic Trading is not Complex Event Processing; but then Marc pens the thoughtful, Do You Really Need a Commercial CEP Engine?
In his post, Marc [...]
Filed under: CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Cyber-Trading Technologies, Event Processing, Event Stream Processing, Use Cases | No Comments »
Posted on October 29th, 2008 by Tim Bass
Oct 27, 2008
By Penny Crosman
URL: http://www.wallstreetandtech.com/showArticle.jhtml?articleID=211300559
One of the many effects of the credit crisis is that Wall Street firms have found a new focus for their complex event processing projects. Although they’re not abandoning CEP-based algorithmic trading, new CEP initiatives are focused on measuring and managing risk.
With its ability to watch and apply business [...]
Filed under: Basel II, Business Rules, CEP News and Events, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Risk Management, Use Cases | No Comments »
Posted on September 29th, 2008 by Tim Bass
More often than not, folks working in the field of complex event processing do not truly understand CEP. We often see the same folks try to position and mischaracterize CEP as business process orchestration, business process management, event-driven architecture or even an evolution of service-oriented architecture. Well-intended, this mischaracterization of CEP is often for sales [...]
Filed under: Advanced Event Processing, Agents, Analytics, Business Process Management, CEP News and Events, CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, EAI ESB & SOA, EDA, Event Processing, Event Stream Processing, Event-Driven Architecture, Situation Models, Systems Engineering, Use Cases | No Comments »
Posted on August 27th, 2008 by Tim Bass
A post in Technology content of current CEP products? reminds me of why I rarely, if ever, agree with anything that comes out of Aleri’s marketing team. To fair to Jeff, it is not only Aleri but others, who continually misdefine business process management (BPM) as CEP.
Jeff uses the example, “Smart Order Routing” as an example of [...]
Filed under: Analytics, Business Activity Monitoring, Business Event Processing, Business Events, Business Process Management, Business Rules, CEP Terminology, Complex Event, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Detection Theory, EAI ESB & SOA, EDA, EPTS, Event Processing, Event-Driven Architecture, Financial Services, Fraud Detection, Simple Event Processing, Situation Models, TIBCO, Threats and Vulnerabilities, Use Cases | 24 Comments »
Posted on July 9th, 2008 by Tim Bass
For readers interested in complex event processing and a few of the challenges the industry faces, here is a presentation from 28 months back called Processing Patterns for Predictive Business. This presentation was delivered at the first Workshop on Event Processing - Presentations at IBM Research Labs, Yorktown Heights, March 14-16th 2006.
The same key points of that [...]
Filed under: Adapters, Advanced Event Processing, Agents, Analytics, Business Activity Monitoring, Business Event Processing, Business Events, Business Optimization, Business Process Management, CEP News and Events, CEP Terminology, CEP Tutorials, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Detection Theory, EAI ESB & SOA, EDA, EPRAWG, EPTS, Event Processing, Event Processing Language, Event Processing Modelling, Event Processing Technical Society, Event Stream Processing, Event-Driven Architecture, False Positives and Negatives, Financial Services, Fraud Detection, Intrusion Detection, Key Indicators, Message-Oriented Middleware, Modelling and Simulation, Predictive Business, Process Optimization, Requirements, Risk Management, Scheduling, Security Event Management, Sensor Fusion, Systems Engineering, TIBCO, Threats and Vulnerabilities, Use Cases, Visualization | No Comments »
Posted on June 24th, 2008 by Tim Bass
TIBCO Software shows, yet again, why the team in Palo Alto far outpaces the rest of the field with their announced acquisition of Insightful.
Everyone who follows The CEP Blog and my vision for the business use of CEP understands how much energy and passion I have put into explaining why the crude time-series analysis of streaming data cannot possibly solve [...]
Filed under: Advanced Event Processing, Analytics, Business Event Processing, Business Events, Business Optimization, CEP News and Events, CEP Terminology, CEP Tutorials, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Event Processing, Event Processing Modelling, Event Stream Processing, Key Indicators, Modelling and Simulation, Predictive Business, Process Optimization, Risk Management, Security Event Management, Sensor Fusion, Systems Engineering, TIBCO, Threats and Vulnerabilities | 1 Comment »
Posted on June 23rd, 2008 by Tim Bass
In Tech Spending Hit by Subprime Mess, Jeffery Schwartz says,
“According to Tabb, spending on development is being refocused on projects that can help firms improve their margins and, not surprisingly, do a better job at risk management. As such, investments in capabilities such as algorithmic trading and complex event processing (CEP) are likely to be [...]
Filed under: Analytics, Business Activity Monitoring, Business Event Processing, Business Events, Business Rules, CEP News and Events, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Event Processing, Event Stream Processing, Event-Driven Architecture, Predictive Business, Risk Management | 3 Comments »
Posted on June 5th, 2008 by Tim Bass
In E*Trade (ETFC) seizes control of the BlackBerry, Douglas A. McIntyre asks “How long will it be before the Blackberry and other devices will have enough intelligence to trade stocks without their owner’s permission?”
Check out E*Trade’s Mobile*Pro where customers can view all their accounts and watch lists; trades stocks and options; view streaming quotes, orders, and [...]
Filed under: Complex Event Processing, Cyber-Trading Technologies | No Comments »
Posted on May 31st, 2008 by Tim Bass
Deciphering the Myths Around Complex Event Processing by Ivy Schmerken stimulated a recent flurry of blog posts about the maturity of CEP, including; Mark Palmer’s CEP Myths: Mature or Not? and Opher Etzion’s On Maturity.
I agree with Ivy. CEP is not yet a mature technology by any stretch of the imagination. In fact, I agree with all three [...]
Filed under: Advanced Event Processing, Analytics, Business Event Processing, Business Events, Business Optimization, CEP News and Events, CEP Terminology, CEP Tutorials, Complex Event Processing, Cyber-Trading Technologies, Event Processing, Event Stream Processing, Event-Driven Architecture, Financial Services, Message-Oriented Middleware | 4 Comments »
Posted on April 20th, 2008 by Greg Reemler
Ironically, our favorite software vendors have decided, in a nutshell, to redefine Dr. David Luckham’s definition of “event cloud” to match the lack-of-capabilities in their products.
This is really funny, if you think about it.
The definition of “event cloud” was coordinated over a long (over two year) period with the leading vendors in the event processing community and is based on the [...]
Filed under: Advanced Event Processing, Agents, Analytics, Artificial Intelligence, CEP Terminology, CEP Tutorials, Complex Event Processing, Cyber-Trading Technologies, Detection Theory, Distributed Object Caching, EPTS, Event Cloud, Event Processing, Event Processing Technical Society, Event Stream Processing, Event-Driven Architecture, Financial Services, POSETS, Use Cases | 7 Comments »
