Mitsubishi UFJ Taps Aleri, Sybase For Algo Trading
London-based Mitsubishi UFJ Securities International (MUSI) is leveraging Aleri’s Streaming Platform and Sybase’s Real-Time Analytics Platform (RAP) to implement a tick-capture solution to support its increasing algorithmic and strategy trading.
“The fixed-income market is becoming more and more efficient, therefore we needed a technology that would enable us to detect the most brief price patterns and to back-test our strategies on large histories of intra-day data.” says Mathias Caquet, Rates Trading Group at MUSI. “Ultimately, we selected the Aleri and Sybase solution because it was the best fit for our needs.”
Aleri, and Sybasefirst announced their strategic alliance last month. MUSI is the first organisation to be implementing the integrated technologies, which together offer event stream processing with scalable and flexible data storage, manipulation and retrieval capabilities.
“We are excited to be working with such a prominent securities firm as MUSI,” says Steve Shine, Senior Vice President and General Manager EMEA at Sybase. “By integrating Aleri’s complex event processing platform with Sybase RAP, together, we are able to provide clients with access to next-generation algorithmic trading technology that will give them an edge over their competitors.”
“The increasing number of electronic trading venues and the developments around regulatory and compliance reporting such as regNMS in the US and MiFID in Europe has created demand for a combined event processing and scalable analytics and storage
solution,” says Don DeLoach, CEO, Aleri. “We are delighted that together with Sybase we are able to provide MUSI with a high-performance, high availability and industrial strength unified product and support structure that will provide them with a competitive edge.”
Technorati Tags: aleri, sybase, Mitsubishi UFJ Securities International, MUSI, complex event processing
