London, March 15, 2007 -- Lab49, Inc., a consulting firm that specializes in building advanced applications for global financial institutions announced today that co-founder Vivake Gupta and technology director Matt Davey will be speaking at 3:45pm at the London Algorithmic Trading Conference on March 19th at the Cumberland Hotel in London.
The demonstration will show how Windows Presentation Foundation (WPF) and Complex Event Processing (CEP) / Event Stream Processing (ESP) can be leveraged to build next-generation trading applications. Based on previous client experience in this domain, the real-life Equities algorithmic trading application runs on historical ticking data to replicate real market conditions.
The application operates on an algorithmic trading strategy for Commodity Channel Index (CCI) indices for each symbol, calculated for "short" and "long" periods over time. The WPF User Interface shows how trading rooms can use WPF to build real-time trade blotters, live charting and 3-D visualizations such as volatility surfaces, buy-sell trading, and yield curves. A dashboard also illustrates event visualization of algorithmic executions inside the CEP/ESP infrastructure.
Vivake Gupta, managing director and co-founder of Lab49, adds, "We have only scratched the surface of complex event and event streaming processing in terms of their applicability to trading applications. As the market demands more automation, Continuous Query technologies will be key in finding additional profit opportunities.
Lab49 will post the presentation and demo on www.lab49.com after the conference
-ENDS-
Notes to editors:
Photos are available on request.
For more information please contact:
Metia
Tinne Teugels
1 917 320 6458
Tinne@metia.com
Simona Cotta-Ramusino
44 (0)20 3100 6303
Simona.Cotta-Ramusino@metia.com
About Lab49
Lab49, founded in 2002, 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. Corpus, Inc. is a global information technology solutions provider. Corpus has numerous Fortune 50 clients in the Media & Entertainment, Telecommunications, and Banking & Financial Services verticals. Visit http://www.lab49.com and http://blog.lab49.com.
