Press Coverage
25 Nov 2008
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Progress Software key player in Big Bang experiement Progress and SonicMQ played a key role when recording data at CERN.
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24 Nov 2008
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Italian Exchange Will Offer Hosted Apama Technology As competition heats up in the European equities market, Borsa Italiana’s technology arm has signed an agreement with the Apama division of Progress Software Corp. to provide its customers with smart-order routing and algorithmic trading capabilities.
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24 Nov 2008
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Borsa Italiana unit offers Apama tools to clients BIt Systems, the technology services division of Italian stock exchange Borsa Italiana, is to offer its clients access to Progress Software’s Apama complex event processing services through its hosted application service provider (ASP) environment.
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22 Nov 2008
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Progress Apama Teams with LSE’s BIt Systems to Offer Hosted Trading Solutions Progress Software’s Apama group has teamed up with BIt Systems, the exchange systems provider acquired by the London Stock Exchange as part of its takeover of Borsa Italiana, to offer a range of hosted complex event processing (CEP) capabilities, such as algorithmic trading and smart order routing.
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22 Nov 2008
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Progress and BIt Systems Partner on Hosted Trading Offering Co-operation between Progress Software and BIt Systems - Borsa Italiana's IT company - will allow BIt Systems ASP community to enter remote access to Apama CEP services and give it the ability and means to develop its own algorithms with low latency connectivity to Borsa Italiana and other global venues, without the additional cost of developing a platform from scratch, said Progress Software.
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20 Nov 2008
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Progress expands OpenEdge development platform Progress Software Corporation introduces version 10.2A Progress OpenEdge application development platform. The new version offers users and application partners new opportunities gui (graphical user interface). This is a Microsoft. NET-based gui directly into the OpenEdge development platform, with no training or knowledge of. NET.
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20 Nov 2008
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Dos and Don'ts of SOA Data Access Memo to enterprises moving toward service oriented architecture (SOA) as a way to slash costs.
You're going about it the wrong way, some software experts claimed today.
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20 Nov 2008
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In the ongoing rush toward services, some traditional types of connectivity can get overlooked. Take for example data base drivers. They can be important elements in a enterprise architecture, as many developers have learned when they have taken them for granted, and consequently incurred performance penalties, or worse.
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19 Nov 2008
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Object-Oriented Database Manages Huge Space Images The German Aerospace Center uses ObjectStore PSE Pro within its Data Information and Management System (DIMS) application. The German earth observation satellite mission TerraSAR-X added new demands on the DIMS application. There was a significant increase in business information associated with TerraSAR-X requiring the DIMS to cope with up to 500 user orders for existing products and future acquisitions per day.
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18 Nov 2008
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Real-time Insight into Payments Complex event processing gives banks and corporates real-time visibility of their payment processes which is an important requirement in the quickly changing payments landscape. Article is attributed to Dr. Giles Nelosn.
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18 Nov 2008
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BOC International Holdings (BOCI), the investment banking arm of Bank of China, has struck a deal with technology firm Progress Apama to strengthen its algorithmic trading capabilities. By using the Progress Apama Algorithmic Trading Platform, BOCI will be able to build its own algorithms for trading across multiple exchanges. According to Progress Apama, the ability to develop customized trading strategies will optimize BOCI's market execution and therefore increase its profitability.
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17 Nov 2008
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Globalisation has been hailed as essential for an efficient world economy, but this 21st century connectivity has facilitated the world's current financial turmoil. What IT strategies should now be given priority?
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17 Nov 2008
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Total World Domination - Will SOA Take Over the World? (SOA feature) Services are a modern way of looking at application functionality, says Progress Software SA MD Rick Parry. "When one views application functionality as a service, you realize that's what application functionality does – it's there to deliver service. The biggest inhibiting factor {to SOA} getting people to recognize and understand the concept of service."
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17 Nov 2008
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Software facilitates the development of B2B software Progress Software now delivers 10.2A version of its business application development platform from OpenEdge. The new version is the graphical user interface from Microsoft. NET support and an interface to the Progress Sonic ESB offer. OpenEdge developers will be even easier with their applications, SOA (Service Oriented Architecture) can create.
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17 Nov 2008
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Progress Software: Event Processing helps with the risk management. In today's competitive trading world, financial institutions feel the mounting need for technology that aids their unique trading style. The continually shifting landscape means both buy-side and sell-side firms need to adapt to the effects of change. Sell-side institutions are exploring ways to augment the talents of their traders and optimise their client services, while buy-side firms are persistent in their endeavour to control their trading strategies and to hide them from the competition. Algorithmic trading has played a significant part in this.
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17 Nov 2008
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Futures Platform CQG Taps CEP Provider Apama CQG, a provider of market data, analysis and connectivity for the futures industry, is partnering with the Apama event processing unit of Bedford, Mass.-based Progress Software Corp. to offer its clients real-time execution capabilities.
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17 Nov 2008
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NYSE To Add Portware Technology to Hosted Platform Execution management systems provider Portware's solutions will be made available on a hosted basis to firms on the Secure Financial Transaction Infrastructure (SFTI) network, said NYSE Euronext's commercial technology division last week.
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13 Nov 2008
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CRM's Holy Grail: How SOA can Unlock a 360-Degree View of the Customer ice.net needed to build its systems architecture around that data model. Norberg choose two products from Progress Software, an enterprise service bus (ESB) called Progress Sonic, and a data integration tool called Progress DataXtend Semantic Integrator.
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12 Nov 2008
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Progress Software is a Key Player in Big Bang Experiement Progress and SonicMQ played a key role when recording data at CERN.
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12 Nov 2008
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Guidebook for Getting SOA Right the First Time It was great to see Beth Gold-Bernstein's latest post on SOA: Getting It Right, copies of which will be awarded to five selected attendees at next week's SOA in Action megaconference here at ebizQ. This past summer, I had the honor of emceeing the launch of the book, and discuss insights from the book with the various co-authors. The book actually had seven co-authors from various disciplines, each providing a unique perspective on getting started with SOA.
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11 Nov 2008
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The Appropriate Information in Due Time There are different ways of integrating a SOA in the retail business.
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11 Nov 2008
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Progress Will Merge IONA Artix With Sonic ESB Following its acquisition of fellow middleware vendor Iona, in June this year, Progress is working on integrating its own Sonic ESB with the acquired Iona ESB.
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11 Nov 2008
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Do BI Projects Work More Effectively When They are Driven by the IT Department? According to Dr. Giles Nelson, Progress Software, Both IT and business leaders must be involved for a BI project to be successful. If co-operations does not exists, either IT will be operating in a requirements vacuum, or the business will make poor, rigid technology decisions.
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11 Nov 2008
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Corporate boards needs to increase the presence of CIOs.
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11 Nov 2008
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Is CEP a Pre-Requisite for EDA or SOA? In response, Giles Nelson of Progress Apama, elaborated on the relationship with SOA, EDA and CEP with several key points. Joe McKendrick’s echoed a similar point of view in his post Why 'Event Driven Architecture' is more than Complex Event Processing. So also Udi Dahan, who illustrated, with a nice order-to-cash process example, how these concepts play together in a real world business problem. He summarized his position with the following remark
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11 Nov 2008
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SOA: Getting it Right is a mashup book, edited by Jim Green, CEO of Composite Software, with chapters contributed by Jim Green, David Besemer, CTO of Composite Software, Luc Clément, Co-chair of OASIS UDDI Specification Technical Committee, Hub Vandervoort, CTO of Progress Software, Paul Butterworth, CTO of Amberpoint, Hemant Ramachandra, Managing Director of Business Systems Integration for BearingPoint, Jeff Schneider, CEO of Momentum SI.
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10 Nov 2008
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Government Right to Take Lead With Skills Shortage. Drafted IT skills shortage response letter on behalf of Dennis Allan
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10 Nov 2008
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Progress Lights up Fuse ESB 4.0 Progress Software, a provider of application infrastructure software has released Fuse ESB 4.0, the enterprise version of Apache ServiceMix 4.0, the most widely-deployed, standards-based, open-source enterprise service bus (ESB). Fuse 4.0's new capabilities include support for Java Business Integration (JBI) 2.0, and standard and backwards compatibility with JBI 1.0. Fuse 4.0 also supports the emerging OSGI standard giving users greater flexibility in packaging and deploying infrastructure components across the enterprise.
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10 Nov 2008
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Progress Software Extends OpenEdge AppsDev for SOA Progress Software Corp. has updated its OpenEdge business appdev platform to accelerate SOA projects with design, test and deployment support for tools that support Progress’ Sonic ESB.
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07 Nov 2008
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During an economic downturn, SOA can help save the IT budget.
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06 Nov 2008
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Software-as-a-service(SaaS), which makes business applications available over the web, is becoming a popular way of delivering common software such as customer databases and accountancy packages. The more companies realise its power and use the web, the more they can harness its flexibility and efficiency.
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06 Nov 2008
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Progress Software Extends OpenEdge AppsDev for SOA Progress Software Corp. has updated its OpenEdge business appdev platform to accelerate SOA projects with design, test and deployment support for tools that support Progress’ Sonic ESB.
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05 Nov 2008
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CERN makes progress on giant physics project Sonicmq was chosen by officials at the European Organisation for Nuclear Research (CERN) to form the communications backbone of its Technical Infrastructure Monitoring (Tim) system, designed to alert researchers in the event of an emergency.
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05 Nov 2008
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Progress launches new business application development platform With the release of OpenEdge 10.2A, Progress offers customers and Applications Partners new graphical user interface capabilities that enable them to build a Microsoft .NET-based Windows Graphics User Interface natively within the award-winning OpenEdge development platform - without requiring any training or prior knowledge of .NET itself.
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03 Nov 2008
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CERN makes progress on giant physics project SonicMQ allows the system to immediately alert operators in the control centre if there is a project-threatening disruption, such as a fire, cooling system failure or technical breakdown, so that it can be tackled quickly.
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03 Nov 2008
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Managing Data in Tumultuous Times Confronted with the credit crunch and fragmenting liquidity, data management personnel are struggling with capacity constraints, latency and quality issues. And while financial firms are tapping a variety of tools to handle the increased demands, their goal is the same: calculating risk exposures and making decisions in record time. Software and service providers have been capitalizing on the industry's needs.
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01 Nov 2008
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Taking Service-Orientation to the Next Level in Tough Economic Times As more and more IT organizations find themselves multiple years into their journey toward service-orientation, the reverberations of an economic downturn are shining bright lights on SOA. The business is re-asking old questions: What is the benefit? What are the early results? And the familiar question: Are we better off now than four years ago? The service-oriented promise of increased agility, reuse and improved alignment between IT and business continue to have appeal, but tough questions deserve answers if we are to “make the case” in new economic realities.
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31 Oct 2008
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Bats Bring Microsecond Trading to the UK John Bates, general manager at complex event processing software supplier Progress Apama, said the entrance of Bats into the European market is further signal that incumbent trading exchanges cannot rest on their laurels.
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30 Oct 2008
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Credit Crunch: Opportunity for CEP providers? We tend to associate complex event processing (CEP) technologies with hedge funds that want to process multiple data streams to support algorithmic trading processes. But Finance Tech notes that more recent CEP projects focus on risk management. The holy grail seems to be truly real-time, deep analytics, not just batch process-like cuts of data.
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28 Oct 2008
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Embrace SOA and Standards for Liberation from Lock-in
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28 Oct 2008
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Progress Optimizes FUSE ESB 4.0 for Full Lifecycle Progress Software is shipping FUSE ESB 4.0, an upgrade to the former IONA open source ESB based on the Apache Open Source ServiceMix ESB. FUSE 4.0 expands lifecycle support to design, build, test, deploy and manage the ESB, and underscores Progress’ intent to continue support for Open Source middleware.
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28 Oct 2008
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With volatility in the capital markets hitting new peaks each day, Progress Software has unveiled a ”risk firewall” to protect traders from getting their fingers burnt. Just as a traditional firewall blocks suspect internet traffic, the risk firewall blocks trades that would exceed the firm’s market risk tolerance. The firewall is part of Progress’s Apama Capital Markets Framework, a set of ”building blocks” for financial firms that hope to gain an edge building their own trading applications.
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27 Oct 2008
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Wall Street Firms Using CEP to Measure and Manage Risk Progress Apama's customers are using the vendor's CEP technology for pre-trade risk checks, according to John Bates, general manager for Progress Software's Apama division. "Before a trade is placed, real-time rules detect 'fat-finger' errors, check for decimal points in the wrong places, apply real-time compliance rules, make sure the firm is not over 6 percent of an actively traded market," he relates.
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27 Oct 2008
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Standards Are Standing in Way of External SOA The promise of service-oriented architecture (SOA) is a world where everything interoperates seamlessly, pieces of applications are reused endlessly and development of new systems is quick, cheap and easy. But despite some high-profile deployments and the spread of Web services, when it comes to financial firms doing serious business with each other, SOA is being held back by competing standards and varying implementations.
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25 Oct 2008
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The 100 most powerful ICT companies in The Netherlands: Google dethrones rival Microsoft Progress Software listed as one of the most powerful companies in the Netherlands.
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