Deutsche Bank
Traders currently face three major problems in their use of technology to support the trading process: time, flexibility and control. Increased competition and advances in exchange data feeds mean that the window of opportunity for successfully capitalising on a trade opportunity is becoming very short. Deutsche Bank’s use of Apama technology developed at Cambridge University creates significant new trading opportunities and The Banker has selected Deutsche for the award for best use of IT in wholesale banking. Apama uses a totally unique method of analysing data in real-time. Traditional approaches to data analysis and business intelligence are built upon the premise that the data is stored and analysed before a response can be made. Using innovative algorithms, Apama removes the need to store and/or index data prior to analysis, significantly reducing the time overhead for responses, and simultaneously allowing new “scenario rules” to be added dynamically, by business users, when needed. Apama’s business-focused tools allow non-technical users to harness the power of real-time detection, analytics, actions and decision-enhancement. This is a marked departure from the alternatives available to traders, where development can only be achieved through IT development. Apama dramatically reduces the life-cycle for the creation, testing and management of trading strategies. Apama’s ability to change strategies that are live with no impact to the rest of the strategies running, and without the need to stop the servers, is unique.
