Sybase RAP - The Trading Edition - Analytics Software Solution

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Previous Capital Markets analytics solutions were built to address a different set of problems than firms are grappling with today. Sybase RAP -- The Trading Edition is the only comprehensive, integrated product on the market that allows customers to take in the extremely high volumes of data present today, and at the same time supports their drive to low latency. In addition, Sybase RAP -- The Trading Edition utilizes commodity hardware already in place and allows customers to use their legacy systems.
The day to day of capital market's firms has become, in many cases, practically impossible to do. Previous solutions were really built to address a different set of problems. There's been a paradigm shift or change over the last few years due to data explosion and this drive to low latency that has caused the need to move to new innovative technologies. For example, most of those solutions were built on sequel technology which could scale but could not keep up with this demand for high volumes of data, as well as the drive towards low latency.
Primarily, the technology is sending purpose to specific goals and I think technology is served very well in contributing to business goals such as equities trading or asset management or designing an investment portfolio. The situation we have, industry wide, is quite different and I don't know if there was ever a concerted effort in any institution to design a technology infrastructure to try to remedy a bottleneck in market activity that is the ability to price assets that are being treated for some time and then all of a sudden, they are illiquid and still need to be priced.
Sybase RAP Trading Edition has been designed to actually build and sustain a continuous flow of information so that portfolio and trading decisions can be made on one view of the data; that is the data that represents market activity by multiple participants. Those will be the people who make the trading decisions, people who manage the risk to the firm's capital, people who enforce compliance. We want all of those people to look at the same data at the same time and extract their data sets, their information off of the same data flow pipeline.
Sybase RAP is such a unique solution because it is the only comprehensive, tightly integrated product on the market that allows customers to take in the extremely high volumes of data present today and at the same time support their drive to low latency. In addition, Sybase RAP utilizes commodity hardware already in place at the customer sites and also allows them to use their legacy applications which were written in SQL.
Some examples of where rapid trading addition is being used today would include our customer Mitsubishi Bank in London. Theyve used RAP to build a market data repository to support algo trading modeling. Other customers are using RAP for risk and compliance needs. One example would be a customer who's achieved intraday counterparty risk calculations, whereas before RAP, they needed over two days to get the same results.

Category:

Science & Technology

Tags:

• Algorithmic Trading
• Financial Analytics
• Financial Risk
• Database
• Trade Software
• Sybase
• RAP
• The Trading Edition
• RAP The Trading Edition
• Database Management
• Analytics Solution
• Sybase RAP
• Risk Management