Smart Trade signs agreement with EsperTech

Smart Trade has signed an OEM agreement with EsperTech, Inc.

First Published by e-Forex News: April, 2009

David Vincent

David Vincent

Smart Trade has signed an OEM agreement with EsperTech, Inc. embedding the Esper event-stream (ESP) and complex-event processing (CEP) software into the smartTrade liquidity management system (LMS).  The only open-source Java ESP and CEP engine available today, Esper is ideally suited for real-time event-driven architectures where the engine detects and correlates in real-time complex situations when user-defined conditions occur among large volume event streams.

According to Smart Trade CTO David Vincent, by integrating with the EsperTech ESP/CEP engine, “Smart Trade's FX customers gain a far less costly domain-specific CEP for their SOR, crossing and aggregation strategies on top of already existing programmable rules that our LMS solution produces, integrates and implements for their desk and clients – proof that CEP and liquidity management are complementary.”