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How Quants are Winning the Battle for Alpha using AI and Smarter Infrastructure

Our recent webinar on July 11th introduced attendees to how machine learning (ML) and artificial intelligence (AI) are changing the nature of financial technology, known these days as fintech. Our speakers, Terry Roche of Tabb Group and Keith McAuliffe of Solace dove into the impact these technologies are having on modern capital markets.

Together, Terry and Keith explained how AI has evolved from a backroom experiment to being a key part of significant “run the bank” programs like trade surveillance and sentiment analysis. Today the focus is on cost savings and compliance, but things are clearly moving towards revenue generation.

One of the drivers of this new world of AI and ML in finance is the massive onslaught of data, both in volume and variety of both sources and consumers. Clearly, the future of finance is being driven by the need to expand data reach and ability to accept data in ever changing ways.… Read the rest

Webinar Recap: Solace: Messaging with Purpose on Pivotal Cloud Foundry

On May 30, Solace Senior Architect Jonathan Schabowsky explained how messaging and microservices work with Pivotal Cloud Foundry as part of a Brighttalk webinar. He provided a great introduction to the concept of microservices and then dove into the details of architectural considerations.

As part of that he covered how Platform as a Service (PaaS) makes it easier to deliver on the microservice promise by eliminating some of the distractions that app developers face while providing a “deploy anywhere” capability. But, as Jonathan covers, “deploy anywhere” comes with its own headaches around communication and data movement.

Jonathan dug into a comparison of REST and other open protocols, like AMQP and MQTT. One of his comments (often mentioned in technology) refers to the fact that not everything is a nail to the REST hammer. Fortunately, we find out that there are a lot of different tools available in the Solace toolbox. You can find even more on microservices on the Solace dev site and find code, demos and more examples on the Labs site and Github repositories.… Read the rest

Big Data Rivers Webinar

Every wonder about the impact of data in motion? Or how lambda architecture is used to drive real world big data solutions?

Sumeet Puri, Solace’s global head of systems engineering, shared his experiences and expertise in a webinar covering those topics and more. In particular, Sumeet discussed event-driven architectures and how data movement patterns vary across such architectures, not being limited to request/reply exchanges. He also focused on the importance of open data movement, i.e. the distribution of data using standard protocols and open APIs across diverse cloud and on-premise environments.

The technologies used to implement big data vary across use cases and continue to evolve, but the common thread, as Sumeet put it, is that “Data lakes need data rivers to feed them”.

sumeet-data-river-slideSumeet illustrated with analogies and anecdotes some ways to deal with sync and async data, and how data rivers apply to financial services use cases such as the processing of orders and online payments.… Read the rest