Wall Street Systems Partners With Aleri to Enhance its FX Trading Solution

Wall Street Systems, has enhanced its FX trading solution with Aleri CEP technology to provide real-time FX position management for its highest volume clients. Wall Street Systems, is a provider of treasury, trading and settlement solutions and services, and Aleri, is a provider of enterprise-class complex event processing (CEP) technology. The explosive growth in FX volumes has moved the latency problem from execution to trade processing systems, and the introduction of CEP technology has proved to be the fastest and most cost effective way of dealing with this issue. "We were impressed with the ease of integration and performance of Aleri's CEP technology, delivering sustained processing of 3,150 deals per second in a volatile market. We were able to integrate and leverage the Aleri platform in a non-intrusive way, with no re-engineering and minimal development, a testament to the adaptability of their technology," said Tony White, managing director, product and R&D at Wall Street Systems, in a press release. "The platform opens up new processing paradigms, specifically in relation to the prioritization of trades that matter, as well as real-time aggregation, averaging and algorithmic netting," he said.