Aleri and TraderTools Announce OEM Partnership
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TraderTools integrates Aleri`s CEP technology within its Liquidity Management Platform for real-time FX order management and trading CHICAGO--(Business Wire)-- Aleri Inc., a leading provider of enterprise-class complex event processing (CEP) technology and CEP-based solutions, announced today an OEM partnership agreement with TraderTools, a provider of business solutions, software and services to financial institutions trading FX. TraderTools will embed Aleri`s Coral8 CEP engine in its Liquidity Management Platform in order to allow the standard set of liquidity management rules to be customized for each client and to provide real-time position valuation. "After examining several CEP engines we selected the Coral8 engine because it delivered the performance we required as well as a very rich query language that enabled us to write algorithms quickly and intuitively," said Yaacov Heidingsfeld, COO TraderTools. "Additionally, the Coral8 engine was easy to integrate and we were able to run models quickly." Previously, TraderTools created a tailored solution for each customer based on individual trading preferences. By integrating CEP technology, TraderTools is now able to speed up application development, allowing for the creation of different sets of rules dynamically based on each customer`s preferences. TraderTools customers will benefit from shorter deployment times, greater customization and low latency market analysis. "We are delighted to welcome TraderTools to the growing community of software vendors using Aleri CEP to enhance their products," said Don DeLoach, CEO of Aleri. "By integrating our CEP engine with its Liquidity Management Platform, TraderTools will be able to quickly develop and deploy FX trading strategies that will enable banks to capitalize on real-time market opportunities." Aleri`s CEP technology will be sold as part of TraderTools` Liquidity Management solution. To learn more or to view a demo, contact sales@tradertools.com. Notes to Editors About TraderTools TraderTools Inc. is a provider of business solutions, software and services to financial institutions trading FX. TraderTools' Liquidity Management Platform is the only system to integrate the four disciplines of electronic FX trading: pricing, dealing, order management and execution. Our unique Dynamic Liquidity Manager monitors and controls inward and outward liquidity flows, making pricing and execution decisions in real time. We empower banks to maintain their leadership positions in FX with a single deployment and a single point of contact. And we work together with them to activate functionality according to their business strategy and timetable. Learn why the world's financial services giants are using TraderTools, powered by Smart Trade, to better manage their liquidity and optimize their FX trading operations, by visiting www.tradertools.com or emailing us at sales@tradertools.com. TraderTools, Liquidity Management Platform, Dynamic Liquidity Manager and the tagline "The eFXperts" are trademarks of TraderTools Inc. About Aleri Aleri, a leading provider of enterprise-class complex event processing (CEP) technology and CEP-based solutions, provides a high performance platform to quickly build and deploy real-time applications that can analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage. In March of 2009 Aleri merged with Coral8, combining two leading providers of CEP technology to expand market reach and increase the speed of innovation for next-generation, real-time event processing technology and solutions. The combined product family offers a comprehensive software suite for developing, implementing and delivering real-time analytics and Continuous Intelligence for time-critical business decisions. Driven by market demand, Aleri also provides CEP-powered solutions that address specific challenges and enables the financial industry to respond faster to changing conditions and make better decisions through more timely information. Aleri`s CEP powered solutions include: * Aleri Liquidity Management System (LMS) - provides end-to-end real-time management of cash and liquid assets to reduce short term liquidity risk and ensure optimal funding * Aleri Market Liquidity Analysis engine (MLA) - consolidates and analyzes multiple order book feeds from individual exchanges to provide a powerful tool for trading in fragmented markets. * Aleri Real-Time Risk Monitor framework - provides a template for rapid implementation of a customized, comprehensive solution for consolidating positions, limits and exposures across asset classes in real-time to manage both credit and market risk * Liquidity Risk Manager (LRM) - provides a flexible liquidity stress testing environment that enables banks to model stress events and gain insight into how different scenarios would impact the bank`s liquidity exposure. Aleri is a global company headquartered in Chicago with offices in Mountain View, New York, New Jersey, London, and Paris. For more information, visit www.aleri.com. Aleri, Inc. Kelly Shumaker, +1 312-540-7347 kelly.shumaker@aleri.com or Cognito Ishviene Arora, +1 646-395-6300 aleri@cognitomedia.com Copyright Business Wire 2009
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