Aleri is committed to providing financial customers with products that exceed their expectations and provide them with a strong competitive edge.
Chicago, IL (PRWEB) December 9, 2008
Aleri Inc., a leading provider of enterprise-class complex event processing (CEP) technology and CEP-based applications, today announced that the Aleri Liquidity Management System (LMS) has been named the top liquidity management solution by Financial-i magazine's annual Leaders in Innovation Awards for the third year in a row. Additionally, Aleri's flagship CEP technology, the Aleri Streaming Platform, has also received the Financial-i Leaders in Innovation Award.
Financial-i (http://www.financial-i.com) ranked products based on innovations over the last 12 months including, upgrades made to existing solutions, functionality enhancements, and depth and breadth of functionality. The shortlist was then presented to an advisory panel comprising of consultants, market practitioners and analysts, including TowerGroup and Aite Group, to determine the winners.
Aleri's complex event processing technology has been deployed in some of the most demanding environments within global financial firms. Its flagship CEP technology product, the Aleri Streaming Platform, was designed from the ground up to provide the most robust architecture available for the rapid development of mission critical applications. Earlier this year Aleri recently announced version 3.0 which included a new streamlined look and feel, enhanced ease of use, advanced pattern matching capabilities and integrated connectivity.
Aleri LMS leverages Aleri CEP technology to deliver a real-time view of positions across the enterprise to allow institutions to focus on cost-effective liquidity strategies that reduce operational costs while enhancing their competitive position. Aleri is currently developing a new LMS module called the Liquidity Operational Risk Analysis Module (LORAM), which is designed to give banks the ability to analyze operational liquidity risk in real-time. LORAM provides a flexible liquidity stress testing environment that enables banks to model stress events and gain insight into how different scenarios impact the bank's liquidity exposure and assets value allowing them to better manage liquidity risk.
"We are pleased to be recognized by Financial-i as a leader in innovation," said Jeff Wooton, VP of product strategy for Aleri. "Aleri is committed to providing financial customers with products that exceed their expectations and provide them with a strong competitive edge."
Financial i focuses on how technology is being leveraged to provide business solutions in wholesale transaction banking. Solutions that solve common business issues around the execution, delivery, clearing and settlement of transactions in the wholesale banking space, enhance the provision of value added services to customers, increase the speed of delivery of information, mitigate risk and maintain competitiveness. Financial i editorial covers Treasury & FX; Securities Services; Network Services; Data and Risk Management; and Market Infrastructure. For more information visit: http://www.financial-i.com
Aleri, a leading provider of enterprise-class complex event processing (CEP) technology and CEP-based solutions for financial services, provides a high performance platform to get applications up and running quicker, without compromising data management, scalability, performance, or security. Built for high throughput with minimal latency, Aleri's event processing technology allows customers to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage.
Aleri's CEP powered solutions help translate real-time data into insight, enabling the financial industry to respond faster to changing conditions and to make better decisions through more timely information. The Aleri Liquidity Management System leverages the power of CEP to provide end-to-end real-time management of cash and liquid assets to reduce short term liquidity risk and ensure optimal funding. The Aleri Market Liquidity Analysis engine consolidates and analyzes multiple order book feeds from individual exchanges to provide a powerful tool for trading in fragmented markets.
Aleri is a global company headquartered in Chicago with offices in New York, New Jersey, London, and Paris. For more information, visit http://www.aleri.com.