Aleri and OILspace enter partnership

Aleri, a provider of complex event processing (CEP) technology, and OILspace, a provider of real-time energy management applications, have entered into a partnership to offer their combined services to customers.

The partnership means that Aleri’s CEP technology will be integrated into OILspace’s online energy portal, OILwatch, and online trade management software Aspect TradeFlo. The companies say that the integration will provide customers with the added value of real-time analysis and automated decisions using real-time and historical data.

CEP technology will enable oil traders to aggregate, analyze and correlate real-time and historical data from multiple sources. Aleri states that the rapid

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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