Trading from the Front: A CEP Hedge Fund

FG: Will CEP be widely adopted in the next few years?
CY: I think so, but it is harder to differentiate CEP from the algorithms. CEP is more of a technological train of thought that evolved from taking fundamental aspects of data handling into a platform. The idea of CEP has been around for a long time: you have a trigger for an event and it happens in a stream and it happens quickly. Although people have being doing this for many years, the advent of new information models thrust CEP into the limelight. While I am not sure if every firm will buy a CEP platform, they are more
likely to change their platform to mimic CEP. CEP will not become a commodity; it will be a model for creating applications and designing interfaces. Traders who want quick time-to-market and have the economics and appetite for migration will probably buy it, but if we are looking at a shop that could adjust the development, they will probably opt to change their existing infrastructure to more resemble CEP.

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