StreamBase has partnered with Alphastream, a Brazilian electronic trading solutions provider, to meet the growing demand for algorithmic trading technology.
The partnership combines StreamBase’s provision of complex event processing (CEP) technology with Alphastream’s expertise in electronic trading systems in Latin America.
Hamilton Araujo, managing director of Alphastream, says: “We are very excited to bring the best-of-breed CEP technology to the Brazilian market. We are very impressed by the performance and ease of use of StreamBase’s visual development environment, which allows us to work with our customers, both business analysts and developers, and create sophisticated strategies with an event-driven trading infrastructure.”
Richard Tibbetts, CTO of StreamBase, says: “We are pleased to partner with Alphastream and look forward to leveraging Alphastream’s broad understanding of the market and relationships with the local financial community to deliver tailored trading solutions powered by StreamBase CEP.”
StreamBase say that the new partnership with Alphastream has already attracted a large number of inquiries in Brazil.