New SAS software reduces time to decision 25 October 2012London Reporter: Georgina Lavers
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Software solutions company SAS has new software to help real-time decision making.
SAS DataFlux Event Stream Processing Engine, available in December, incorporates relational, procedural and pattern-matching analysis of structured and unstructured data.
"Combining high-speed, low-latency streaming data with deep, predictive analytics for risk valuations, surveillance and new trading strategies can be a key differentiator for firms that need to monitor exposures, liquidity and capital across portfolios on-demand during the trading day," said TABB Group CEO Larry Tabb.
"Firms that are wrestling with the challenges of risk, regulation and revenue growth need to be both faster and smarter in data management and analytics to turn information into reusable assets that better address client needs while improving efficiency and use of capital."
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