Sybase and CEP Vendors Partner to Deliver Faster, Better Trades — Leading to Increased Profits on Wall Street

Business Wire, June 10, 2008

Aleri, Coral8 and StreamBase Are Now Sybase-Certified to Deliver Low Latency and Access to Large Volumes of Historical Data in a Single Platform

DUBLIN, Calif. -- Sybase, Inc. (NYSE:SY), the largest enterprise software and services company exclusively focused on managing and mobilizing information, today announced that three of the top complex event processing (CEP) vendors have completed integration certification with RAP - The Trading Edition[TM], Sybase's recently launched next-generation market data analytics platform. Sybase and its CEP partners Aleri, Coral8, and StreamBase can now deliver both ultra low latency and support for massive historical market data in one optimized and integrated market data analytics platform.

In today's rapidly moving financial services industry, capital market firms face competitive pressure to build complex quantitative trading strategies that will detect past and present patterns of events in the financial markets, and then predict how they will impact high-level business goals, policies and processes. CEP software is used to create and deploy applications that process large volumes of incoming messages or events, analyze those real-time messages or events in various ways, and respond to conditions of interest in microsecond timeframes.

According to TABB Group Senior Analyst Miranda Mizen in a newly released report, Real-Time Risk: Managing Execution Risk in an Increasingly Electronic World, "Many firms are beginning to leverage Complex Event Processors (CEPs) to handle the incoming data... CEPs play a crucial role as the information enablers. They take in data from multiple sources and aggregate, normalize and consolidate data with minimum latency."

"In the real-time, highly competitive environment of capital markets, traditional custom-coded infrastructures are no longer able to keep pace with the speed and volume of data," said Neil McGovern, director of product marketing, Sybase. "In addition, as markets evolve and situations change, they do not provide the flexibility needed to stay competitive. RAP - The Trading Edition combined with CEP technology delivers the real-time data analysis without latency that today's market demands."

RAP - The Trading Edition is a powerful, flexible market analytics platform for capital markets that enables better trading and portfolio decisions with less risk through timelier, more comprehensive market insight. When combined with leading CEP technologies, the solution provides customers with both ultra-low latency and access to large quantities of historical data in a single platform. This platform benefits many constituents within a financial services organization. For example, risk managers will benefit from real-time and intra-day risk management capabilities while quantitative analysts can develop and test using RAP - The Trading Edition as the data source and simulate data flow for testing with RAP and CEP engines.

Sybase[R] RAP - The Trading Edition and CEP partner products will allow:

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Support for real-time capture and storage of market data enabling:
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-- Model development and execution in minutes vs. hours
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-- Intra-day back-testing of algorithms against years of market data
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-- Execution of advanced algorithms
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Support for post-execution information flow to:
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-- Evaluate efficacy of trading strategies
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-- Monitor P&L and risk at trade book and portfolio level
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Support for pre-trade analytics including:
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-- Pricing and order generation
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-- Order book aggregation
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-- Liquidity monitoring
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To access the RAP - The Trading Edition demo, visit: http://video.sybase.com/rap_demo/demo.html

For more information on Sybase's Financial Services Industry solutions, please visit: http://www.sybase.com/products/industrysolutions/financialservices.> 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 Aleri

Aleri is a leading provider of enterprise-class complex event processing (CEP) technology for financial institutions and beyond. Aleri's CEP Platform was designed from the ground up to provide the most robust architecture available for the rapid implementation of mission critical applications within the most demanding environments. Built for high throughput with minimal latency, Aleri's event processing technology allows customers to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage. Aleri is the first to develop and deploy commercial enterprise-class applications built on event processing technology, the Aleri Liquidity Management System, which is used by some of the largest global bank treasuries in the world, and the Aleri Market Liquidity Analysis engine, which consolidates and analyzes multiple order book feeds from individual exchanges to provide a powerful tool for trading in fragmented markets.