Progress Software
Mon, 09 Jun 2008 09:48:51 -0500
As a bookend to a posting last week about an award by Profit & Loss, Apama has won another award, this time by The Banker magazine. Apama's Market Aggregation Accelerator was selected for FX in the Wholesale & Capital Markets category. The publication indicates that its evaluation criteria span a broad range of factors, which I won't attempt to list here. Details should be in the next issue of the magazine.
We like to call out these awards because they illustrate the real world power of CEP and believe they illustrate how a well architected platform can address a broad set of requirements, spanning asset classes and different use cases. This particular award also validates the Apama Accelerator strategy, extending the core platform with capabilities that focus on specific market requirements. We suspect that some other vendors in the CEP space might follow our lead in this. Raw feeds and speeds have typified the marketing focus of others. But the real power of CEP is in addressing business requirements, which has long been the Apama focus. Otherwise all the performance in the world will be for naught.
Of particular note is that this is third time in the five years that Apamacapabilities have been cited by The Banker, as Apama also won in 2004and 2006. So even years seem to be particularly favourable for us(I'll insert the "u" in favourable) in deference to the fact that TheBanker is a British publication. :-)


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