Complex event processing (CEP) technology is powering a new generation of applications that enable companies to make faster, better decisions and execute in a more timely and effective manner. CEP software analyzes rapidly changing data about markets, customers, transactions and operations in real time to drive "in the moment" actions.
Event processing technology incorporates a high-performance, event-driven architecture that continuously analyzes "data in motion"--market data, trade data, application data and more--with historical and reference information. The continuous queries of a CEP engine can send analytics results from risk and strategy models, "action signals" to business users, or can tell other applications to take an automated action, as in algorithmic trading.
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