SAS® DataFlux® Event Stream Processing Engine ideal for
high-volume, real-time tasks such as risk management,
The Premier Business Leadership Series, LAS VEGAS
(Oct. 10, 2012) - Finding value in big data
doesn't stop at applying analytics to masses of static
information. SAS, the leader in business
analytics, today unveiled new software for fast-moving
organizations that need immediate insight from real-time data
streaming into their enterprises.
The new SAS® software enables real-time decision making
by continuously analyzing data as it is received. Analyzing
high-volume "events in motion," the new software is
a form of complex event processing (CEP) technology preferred
for critical data management and analytic applications.
SAS DataFlux Event Stream Processing Engine, available in
December, incorporates relational, procedural and
pattern-matching analysis of structured and unstructured
data. The innovative design enables flexible deployment as a
callable, embeddable service.
By drastically cutting time to action, this new software lets
enterprises make critical decisions in time to be most
effective. Traditional approaches, which apply analytics
after data is stored, may provide insight too late to act.
"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 Chief Executive Officer 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," said founder
of the TABB Group, a financial markets' research and
strategic advisory firm focused on capital markets.
SAS' efficient, scalable architecture offers high
throughput and supports hot fail-over - if one processor
fails, operations switch seamlessly to a backup. SAS DataFlux
Event Stream Processing Engine, part of the SAS
Information Management portfolio, also supports
grid-based distributed processing for large-scale
"Competitive organizations must incorporate analytics
into day-to-day decisions, modeling business processes they
can enforce and monitor in real time. Traditional
technologies examine what has already happened. SAS DataFlux
Event Stream Processing Engine changes that, analyzing
high-velocity big data as it's coming in, before it's
too late to act," said Jim Davis, SAS Senior Vice
President and Chief Marketing Officer.
Financial services applications
Global banks and capital markets firms must analyze big data
for risk and compliance to meet Basel III, Dodd-Frank and
other regulations. SAS DataFlux Event Stream Processing
Engine merges large data sets for risk analysis with
continuous data integration of internal and external streams.
These data sets include market data feeds from Bloomberg,
Thomson Reuters, FIX, NYSE Technologies, International Data
Corp and others.
SAS DataFlux Event Stream Processing Engine will integrate
with the newest version of
SAS High-Performance Risk, providing fast, in-memory
valuations of large portfolios of complex financial
instruments for market, credit and liquidity risk. It also
offers interactive portfolio stress testing. Combining SAS
DataFlux Event Stream Processing Engine and SAS
High-Performance Risk, global capital markets and trading
groups can analyze consolidated risk exposure across all
portfolios and counterparties.
Other potential uses within capital markets include pre-trade
risk analyses, consolidated order books, trading surveillance
and fraud prevention applications. Find more use cases at
Today's announcement came at The
Premier Business Leadership Series event in Las Vegas, a
thought-leadership conference presented by SAS that brings
together more than 600 senior-level attendees from the public
and private sectors to share ideas on critical business
issues. Please follow the event on Twitter by searching for
SAS is the leader in business analytics
services, and the largest independent vendor in the business
intelligence market. Through innovative solutions, SAS helps
customers at more than 60,000 sites improve performance and
deliver value by making better decisions faster. Since 1976 SAS
has been giving customers around the world .