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Coral8 Named as 2008 Innovator of the Year by Windows in Financial Services Magazine.


CEP CEP congenital erythropoietic porphyria.

CEP
abbr.
congenital erythropoietic porphyria
 Provider Recognized for Innovations in Leveraging and Customizing Advanced Technologies for the Securities Industry

MOUNTAIN VIEW, Calif. -- Windows in Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 (WSF WSF World Social Forum
WSF Web Services Framework
WSF Women's Sports Foundation
WSF World Squash Federation
WSF Washington State Ferry
WSF Wake Shield Facility (space laboratory)
WSF Water-Soluble Fraction
) magazine names Coral8, the leading provider of Complex Event Processing Complex Event Processing, or CEP, is a technology for building and managing event-driven information systems. CEP is primarily an event processing concept that deals with the task of processing multiple events from an event cloud with the goal of identifying the meaningful  (CEP) software, as 2008 Innovator of the Year. The award was presented last night at the Microsoft's customer and partner reception held at the Securities Industry and Financial Management Association (SIFMA SIFMA Securities Industry and Financial Markets Association
SIFMA Socialized Industrial Forest Management Agreement
) Technology Management Conference. Four companies, including Coral8, were honored for their innovative use of Microsoft technology to solve practical business problems, from maximizing productivity to streamlining operations, in today's highly charged and competitive capital markets industry.

Coral8 software provides a scalable real-time processing Noun 1. real-time processing - data processing fast enough to keep up with an outside process
real-time operation

data processing - (computer science) a series of operations on data by a computer in order to retrieve or transform or classify information
 engine as part of Microsoft's capital markets trading solutions around algorithmic trading Algorithmic Trading

A trading system that utilizes very advanced mathematical models for making transaction decisions in the financial markets. The strict rules built into the model attempt to determine the optimal time for an order to be placed that will cause the least amount of
, market data analytics and trade compliance. The two companies recently published a white paper explaining the benefits of Coral8 CEP software integrated on a .NET/Windows platform stack. Available soon after SIFMA, you can learn more about Microsoft and Coral8's high volume, low-latency solution for financial trading applications at the Architecture Industry Center for Capital Markets on the Microsoft Developer Network The Microsoft Developer Network (MSDN) is the portion of Microsoft responsible for managing the firm's relationship with developers. Developers covered by MSDN  site.

"The combination of Coral8 Engine on the Microsoft software platform helps ensure high-performance and easy integration that capital markets customers have come to expect," said Craig Saint-Amour, U.S. capital markets industry director, Microsoft Corp. Coral8 integrated with Microsoft's software platform in June 2007 to enable rapid implementation of high-throughput, low-latency applications.

"Coral8 was a clear choice for the 2008 WFS WFS Wegfahrsperre (German: drive away blocking system)
WFS Web Feature Service
WFS World Future Society
WFS World Food Summit
WFS Wave Front Sensor
WFS Wolfram Syndrome
WFS Wire Feed Speed (welding) 
 Innovator Award because of their demonstrated leadership in providing solutions that deliver results," said Windows in Financial Services publisher Joe Viviani. "We evaluated companies of all sizes and the companies selected delivered ground-breaking applications and platforms that better serve the securities industry."

The Windows in Financial Services Innovator Awards is in its third year and recognizes firms that have harnessed the flexibility, scalability and reliability of Microsoft technology to remove obstacles to progress and create new opportunities. Windows in Financial Services provides real-world case studies showing how firms are implementing new solutions built on the Microsoft platform.

"We enjoy working with Microsoft on capital markets solutions because Microsoft represents similar values as Coral8 - a dedication to developers and powerful, easy to implement software," said Terry Cunningham, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Coral8, Inc. "We are also honored to be recognized by Windows in Financial Services, as such an award validates our commitment to innovation and best-of-breed solutions."

About Coral8

Based in Mountain View, Calif., Coral8, Inc. is a leading provider of software for Complex Event Processing (CEP). Bringing together high-performance, innovative SQL-based programming language and enterprise-class features, Coral8 Engine is the fastest, lowest cost way to build and deploy powerful, sophisticated CEP applications. Coral8 is speeding the delivery of critical business information for customers worldwide, including Fortune 500 companies and global leaders within financial services, e-commerce, telecommunications, transportation, government and other rapidly growing vertical applications. For more information, visit www.coral8.com or call (650) 210-3810.
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Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Jun 12, 2008
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