Lab49 Starring at 2008 SIFMA Technology Management Conference

Lab49 Inc (www.lab49.com), a technology consulting firm that builds advanced applications for the financial services industry, will be attending the 2008 SIFMA Technology Management Conference & Exhibit to discuss key market trends such as advanced data visualization, high-performance computing, complex-event processing and algorithmic trading.

With various partners, Lab49 will be showing demonstrations of next-generation trading applications, including:

  • Lab49 built the advanced User Interface for Aleri's Market Liquidity Analysis tool, which will be on display in Aleri booth #2102
  • Lab49 has been working with Apama on customer projects, some of which can be discussed at the Apama booth #2415
  • Lab49 has built an equities algorithmic trading demo for Coral8 that will be demonstrated at Coral8 booth #1507
  • Lab49 executives will present the "Driving performance management/business intelligence" section of the Microsoft booth #2217 where they will be showing various financial applications developed using WPF and Silverlight. More details available at: http://www.microsoft.com/industry/financialservices/capitalmarkets/sifma...


WHY:

With over $181.5 billion in write-offs taken by brokerage firms in the aftermath of the credit crunch, financial institutions are seeking new growth opportunities to enhance the performance and control of their real-time trading and risk management systems. Additionally, the latest technologies in advanced visualization and high performance computing are helping create solutions for traders to take a holistic view of markets in real-time, gain superior insights to trends as they are happening, and quickly respond to changing market conditions.

Through a unique blend of financial expertise and technical knowledge, Lab49 helps clients build their next-generation trading systems to minimize latency and maximize performance through the creation of custom solutions that leverage the latest advanced visualization, complex event processing and large-scale computing technologies. Lab49 is therefore well-positioned to comment on trends in data visualization and high performance computing within the financial services industry at large.

WHO:

  • Daniel Chait, Managing Director, Lab49. Daniel has direct engagements with many of Lab49's premier clients, specializing in low-latency and distributed systems within capital markets. Daniel also oversees Lab49's strategic partner, recruitment, and staff development programs, and has often spoken and presented at industry events. Daniel is a regular contributor to Lab49's blog at http://blog.lab49.com/.
  • Luke Flemmer, Managing Director, Lab49. Luke works with a number of Lab49's existing clients overseeing engagements and advising them on technology direction. Luke also devotes time to introducing new clients to Lab49's services, and developing the capabilities of the firm. Recently, Luke commented on Amazon's elastic compute cloud and virtualization, which can be found at http://www.lab49.com/insidethelab/articlesand http://blog.lab49.com/.
  • Ross Hamilton, Director, Lab49. Ross is responsible for overseeing and managing the successful delivery of client and partner projects and providing guidance to client and Lab49 project teams alike. Ross is also responsible for the management of technology partnerships and Lab49's marketing program. In Ross's blog http://newyorkscot.wordpress.com/, he covers a wide array of topics, such as complex-event processing, that are relevant to client projects.
  • Marc Jacobs, Director, Lab49. Marc is responsible for the successful delivery of client projects in the New York area as well as shaping Lab49's technology leadership message. Marc is also an expert in high performance computing and frequently contributes to his blog at http://marcja.wordpress.com/.


WHEN:

Tuesday, June 10 - Thursday, June 12, 2008

WHERE:

28th Annual Securities Industry and Financial Markets Association (SIFMA) Technology Management Conference

Hilton New York
1335 Avenue of the Americas
(Between West 53rd & 54th Street)
New York, New York 10019

Lab49 will have presence at the following booths:

* Aleri Booth #2102 in the Grand Ballroom (Exhibit Level 2)
* Apama Booth #2415 in the Grand Ballroom (Exhibit Level 2)
* Coral8 Booth #1507 on the Second Floor (Exhibit Level 1)
* Microsoft Booth # 2217 in the Grand Ballroom (Exhibit Level 2)

MEDIA CONTACT:

Lab49 executives are available for media briefings at the event. Please contact Sheryl Lee, Amy Kester or Tinne Teugels for more information or to schedule a meeting:

* Sheryl Lee at 917 320 6462 / sheryl.lee@metia.com
* Amy Kester at 917 320 6451 / amy.kester@metia.com
* Tinne Teugels at 917 320 6458 / tinne@metia.com

ABOUT:

Founded in 2002, with offices in New York and London, Lab49 is a technology consulting firm that builds advanced solutions for the financial services industry. Lab49 serves leading global investments banks, hedge funds and mortgage institutions and has completed custom software engagements in equities, fixed income, foreign exchange, portfolio management, and real-time risk information delivery systems. Lab49 is the financial services division of Corpus, Inc., a global information technology solutions provider. Visit http://www.lab49.com/and http://blog.lab49.com/.