StreamBase Systems
Encyclopedia
StreamBase Systems is a software company based in Lexington, MA, USA. StreamBase was founded in 2003 to commercialize a project called Aurora set up by Mike Stonebraker at MIT, in conjunction with researchers from Brandeis University
and Brown University
. StreamBase's website says that its complex event processing
(CEP) platform allows for the rapid building of systems that analyze and act on real-time streaming data for instantaneous decision-making, and combines a rapid application development environment, an ultra low-latency high-throughput event server, and connectivity to real-time and historical data. Analysts report that StreamBase has around 75 customers as of Q2-2009, including CME Group
, PhaseCapital, BlueCrest Capital Management, ConvergEx and RBC Capital Markets
. The company is headquartered in Lexington, Massachusetts with offices in New York, Washington D.C. and London.
allowing StreamBase applications to both ingest “Tweets” and to send out “Tweets” into the Twitter-sphere. The announcement resulted in significant press coverage in some of the leading international and national news publications, including CNBC
, The Wall Street Journal
, and the Financial Times
.
Mark Palmer, StreamBase's CEO, appeared on CNBC's television series "Street Signs" to discuss how trading firms can use Twitter messages to make trading decisions. The segment is available for viewing here and additional reading on the subject is available on CNBC's website here.
The Wall Street Journal references StreamBase's Twitter adapter in the August 3, 2009 print edition of the newspaper. The article discusses how social networking is playing a role in assessing the markets and is available for viewing here.
The Financial Times also feature StreamBase's Twitter adapter in an article available for viewing here.
Technology Pioneer and Hottest Boston Company.
In 2009, StreamBase received InfoWorld
Award,
In 2008, the company received Waters Magazine's award "Best Streaming Data Solution provider"
Brandeis University
Brandeis University is an American private research university with a liberal arts focus. It is located in the southwestern corner of Waltham, Massachusetts, nine miles west of Boston. The University has an enrollment of approximately 3,200 undergraduate and 2,100 graduate students. In 2011, it...
and Brown University
Brown University
Brown University is a private, Ivy League university located in Providence, Rhode Island, United States. Founded in 1764 prior to American independence from the British Empire as the College in the English Colony of Rhode Island and Providence Plantations early in the reign of King George III ,...
. StreamBase's website says that its complex event processing
Complex Event Processing
Complex event processing consists of processing many events happening across all the layers of an organization, identifying the most meaningful events within the event cloud, analyzing their impact, and taking subsequent action in real time....
(CEP) platform allows for the rapid building of systems that analyze and act on real-time streaming data for instantaneous decision-making, and combines a rapid application development environment, an ultra low-latency high-throughput event server, and connectivity to real-time and historical data. Analysts report that StreamBase has around 75 customers as of Q2-2009, including CME Group
CME Group
The CME Group bases prices for US gasoline on Brent Crude rather than West Texas Intermediate Crude , which many believe is responsible for artificially high gas prices for US consumers...
, PhaseCapital, BlueCrest Capital Management, ConvergEx and RBC Capital Markets
RBC Capital Markets
RBC Capital Markets is a Canadian investment bank with assets of $711 billion. It is part of the Royal Bank of Canada and has one of the highest credit ratings in the world by Moody's and Standard & Poor's.,According to Bloomberg, RBCCM is consistently ranked among the top 20 global investment...
. The company is headquartered in Lexington, Massachusetts with offices in New York, Washington D.C. and London.
In the news
In June 2009 StreamBase Systems announced that it had built an adapter to TwitterTwitter
Twitter is an online social networking and microblogging service that enables its users to send and read text-based posts of up to 140 characters, informally known as "tweets".Twitter was created in March 2006 by Jack Dorsey and launched that July...
allowing StreamBase applications to both ingest “Tweets” and to send out “Tweets” into the Twitter-sphere. The announcement resulted in significant press coverage in some of the leading international and national news publications, including CNBC
CNBC
CNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...
, The Wall Street Journal
The Wall Street Journal
The Wall Street Journal is an American English-language international daily newspaper. It is published in New York City by Dow Jones & Company, a division of News Corporation, along with the Asian and European editions of the Journal....
, and the Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
.
Mark Palmer, StreamBase's CEO, appeared on CNBC's television series "Street Signs" to discuss how trading firms can use Twitter messages to make trading decisions. The segment is available for viewing here and additional reading on the subject is available on CNBC's website here.
The Wall Street Journal references StreamBase's Twitter adapter in the August 3, 2009 print edition of the newspaper. The article discusses how social networking is playing a role in assessing the markets and is available for viewing here.
The Financial Times also feature StreamBase's Twitter adapter in an article available for viewing here.
Awards
In 2010, StreamBase was named 2010 World Economic ForumWorld Economic Forum
The World Economic Forum is a Swiss non-profit foundation, based in Cologny, Geneva, best known for its annual meeting in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland....
Technology Pioneer and Hottest Boston Company.
In 2009, StreamBase received InfoWorld
InfoWorld
InfoWorld is an information technology online media and events business operating under the umbrella of InfoWorld Media Group, a division of IDG...
Award,
In 2008, the company received Waters Magazine's award "Best Streaming Data Solution provider"