Coral8 and Sybase Announce Securities Technology Seminar for Financial Services Executives
Attendees to Learn Best Practices in Algorithmic Trading and Risk Management
MOUNTAIN VIEW, Calif, June 23, 2008 -- Coral8, Inc., a leading provider of Complex Event Processing (CEP) software, is hosting an exclusive seminar with Sybase for Wall Street executives interested in learning how to leverage algorithmic trading while minimizing risk.
With recent market turbulence, financial institutions are increasingly embracing new technologies to execute sophisticated algorithms for data cleansing, trading strategies, profit and loss, order management, execution strategy, and exchange interfaces. Yet many institutions fail to address related risk implications, which can result in problems such as the continuing use of outdated algorithms optimized for market conditions that no longer exist.
Coral8 and Sybase invite financial services executives and the media to attend the seminar and learn how new trading patterns are impacting capital markets. The seminar will teach participants how to adopt the most effective technology mindset to ensure low-risk trading.
When:
Wednesday, June 25, 2008
9:30am -- Registration and Breakfast
10:00am -- Seminar
12:00pm -- Q&A/Lunch
Where:
Sybase Global Financing Solutions Center
Grace Building
1114 Avenue of Americas, 32nd floor
New York, New York
How:
To register and view a detailed agenda, visit
response.sybase.com/forms/NAO_08_JUN_SMNR_FSI_Coral8?mc=C8
Who:
Sinan Baskin, Director, Financial Market Solutions, Sybase
John Morrell, Director of Product Marketing, Coral8
What:
Seminar attendees will learn:
-- How to employ real-time, low-latency architecture for securities trading
-- How to implement real-time risk monitoring, P&L aggregation and balance
sheet management
-- How to perform sophisticated quantitative analytics on days, months, or
years of tick data in a high-performance tick database.
-- Attendees of the seminar will be entered in a raffle for a free iPod.
About Sybase, Inc.
Sybase is the largest enterprise software and services company exclusively focused on managing and mobilizing information. With our global solutions, enterprises can extend their information securely and make it useful for people anywhere using any device. The world's most critical data in commerce, communications, finance, and government runs on Sybase. For more information, visit http://www.sybase.com.
About Coral8
Based in Mountain View, Calif., Coral8, Inc. is a leading provider of software for complex event processing (CEP). Bringing together high-performance, an innovative SQL-based programming language and enterprise-class features, the Coral8 Engine is the fastest, lowest cost way to build and deploy powerful new CEP applications. For more information, visit www.coral8.com or call (650) 210-3810.
Media Contact
Anna Luo, Director of Marketing, 650-210-3810 anna@coral8.com
or
Schwartz Communications Jill Reed, 415-512-0770 coral8@schwartz.com