Sybase Adds Time Series Analytics to its Capital Markets Platform
Sybase RAP – The Trading Edition Enterprise with Built-in Time Series Analytics Enables Capital Markets Firms to Make Faster Decisions While Reducing Risks and Maximizing Trading Opportunities
DUBLIN, CALIF. – Sybase, Inc. (NYSE: SY), an industry leader in delivering enterprise and mobile software, today announced the launch of RAP – The Trading Edition™ Enterprise with built-in time series analytics. Sybase RAP is now the only solution to comprise built-in time series analytics, a market data platform, ultra low latency, and streaming data analytics in a single product—an enhancement to the very successful market analytics platform that is already helping dozens of capital markets firms make better trading and portfolio decisions across their trade lifecycle.
The addition of high performance time series analytics to RAP – The Trading Edition Enterprise makes developing risk and trading models quicker and easier with faster, deeper time-series analysis of financial data.
“In a volatile trading environment, the ability to analyze time series market data both historically and in real time gives financial services organizations an edge,” said Larry Tabb, CEO, TABB Group. “Capital markets firms can identify material events and mitigate risks or seize opportunities ahead of the rest of the market by using strong time series analytical toolboxes.”
The new time series analytics capability allows more complex modeling, improved backtesting, and faster intra-day risk and compliance reporting—and the ability to do all this with a single platform eliminates the challenges inherent in integrating multiple vendor solutions. RAP is the only available platform offering ultra-low latency time series analytics and the ability to perform time series analysis over decades of market data. Additionally, Sybase RAP allows customers to supplement the built-in models with their own in-house developed models, share models between team members, and ensure consistency in the processing of data, by executing commonly used data preparation functions in Sybase RAP.
“Current market conditions require better trend analysis and predictive modeling for trading decision and risk management, especially counterparty risk analysis,” said Dr. Raj Nathan, Chief Marketing Officer at Sybase. “Sybase RAP with the new time series analytics built in allows for better, faster market and risk analysis. Sybase now offers the only complete market data analytics platform that can scale to the enterprise.”
Faster and more complex analysis of recent and historical data can lead to more sophisticated trading strategies. By using real-time backtesting of models against a complete price and tick data history, firms can improve the reliability of their models and better mitigate risk. Sybase RAP with built-in time series analytics offers more rapid calculations on economic capital and credit risk (i.e. default rates, potential exposures) using complete time series covering decades of securities pricing and volatility data. Time series functionality is important to market data analytics because it enhances the modeling of risk and trading strategies. RAP is a strategic market data platform to consolidate and centralize market data management.
Availability and support
Sybase RAP – The Trading Edition Enterprise with built-in time series analytics is scheduled for general availability in July on Linux and Solaris platforms.
Sybase will be hosting the launch event of RAP – The Trading Edition™ Enterprise with built-in time series analytics at the New York Stock Exchange on Thursday, May 14. For more information on Sybase RAP, please visit: http://sybase.com/rap
Sybase is an industry leader in delivering enterprise and mobile software to manage, analyze and mobilize information. We are recognized globally as a performance leader, proven in the most data-intensive industries and across all major systems, networks and devices. Our information management, analytics and enterprise mobility solutions have powered the world’s most mission-critical systems in financial services, telecommunications, manufacturing and government. For more information, visit http://www.sybase.com. Read Sybase blogs: http://blogs.sybase.com.
Sybase and RAP – The Trading Edition are trademarks or registered trademarks of Sybase, Inc. All other company and product names mentioned may be trademarks of the respective companies with which they are associated.
Special Note: Statements concerning Sybase’s future growth, prospects and new product releases are, by nature, forward-looking statements that involve a number of uncertainties and risks, and cannot be guaranteed. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “will” and similar expressions relating to Sybase and its management may identify forward-looking statements. Such statements are intended to reflect Sybase’s current views with respect to future events and may ultimately prove to be incorrect or false. Factors that could cause actual events or results to differ materially include shifts in customer demand, rapid technology changes, competitive factors and unanticipated delays in scheduled product availability. These and other risks are detailed from time to time in Sybase’s Securities and Exchange Commission filings, including, but not limited to, its annual report on Form 10-K and its quarterly reports on Form 10-Q (copies of which can be viewed on Sybase’s Web site).
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