Welcome to episode three of The Complex Events Podcast brought to you by Voices in Business and sponsored by BEA Systems.
On today’s show, Brad Bailey, Research Analyst with Aite Group joins Vicki Zesses of Voices in Business and Ross Hamilton and Daniel Chait of Lab49 to discuss recent trends in complex events processing.
Brad shares his thoughts on the trends that occurred during 2007, where early adopters used the emerging technology of CEP as a solution for strategy and algorithmic trading.
Moving into 2008, Brad believes that a sea change will occur, where the application of CEP will widen to include the management of the overwhelming amounts of data flowing into the market from the dual forces of ever increasing algorithmic trading volumes and the new regulatory regime requirements of Regulation NMS in the U.S. and MIFID in Europe.
This is part one of a three-part interview.
About Aite Group:
Aite Group is a leading independent research and advisory firm focused on business, technology and regulatory issues and their impact on the financial services industry.
Show notes for this episode:
00:13 - Introduction
01:20 - Background on Lab49
02:04 - Background on Brad and the Aite Group
03:05 - General trends with respect to CEP and Capital Markets
04:08 - Innovation driven by the buy-side?
05:03 - How many market participants are actually implementing CEP?
07:14 - How adaptive are algorithms to changing market conditions?
08:03 - The evolution of vendors and suppliers
09:36 - CEP adoption across the enterprise
12:25 - Regulatory issues such as Best Execution
13:44 - The dynamic between innovation and risk/control
15:04 - How mature are these CEP products offered by vendors?
17:57 - End of part one of the interview and wrap-up
Click here for a full transcript of this episode
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[…] - Introduction 00:48 - Ross picks up the conversation from Part 1 (CEP03) 01:26 - The perfect storm of 2007: electronification of markets, Reg NMS, and volatility 02:08 - […]
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