ESP16 June 2023by Wakett

The 3 Key Benefits of Event Stream Processing Software

Running a financial company has never been easy, but the advent of electronic trading and faster-travelling news means that companies like yours need to be constantly on the ball. Thankfully, Event Stream Processing Software can aid in achieving more streamlined financial processes that help you in three fundamental ways.


1 . Keep Up with Market Changes

Making wise investments means keeping up with everything that is happening on the international scene, be it the financial markets, exchanges, or developing news.

Event Stream Processing software can automate and run financial market data processes. It does so easily by continuously collecting data from multiple sources, processing what’s relevant to your portfolio, and analysing metrics on the fly. It can then alert you to what you need to know or anything that the parameters you’ve set determine to be important. 

Think of it as having a personal assistant that is vigilant and alert 24/7.


2. React Faster

Of course, such software runs these processes at a faster rate than any human being could ever do. In a matter of seconds or milliseconds, the software can go through the whole process cycle and issue alerts and reports that are pertinent to your clients’ financial portfolio

What this means is that you will have the information in your hands as it is being issued, giving you the tools needed to make fast yet well-informed decisions. Imagine the potential this could help unleash in your team and how much happier your clients might be!


3. Save Time

The fact that you won’t need a small army of people continually going through websites and news sites to determine what’s happening on the international market, comes with other benefits.

Reducing the human hours needed to collect, analyse, and report data leaves your team with more time to focus on what is truly important, which is your portfolio strategy. 

This also increases motivation as employees will not be inundated with repetitive, boring tasks that, let’s face it, can be pretty soul-destroying at times.


Are You Ready to Reap the Benefits of Event Stream Processing Software?

If all this sounds exciting, then you’ll be happy to know that we have helped numerous financial SMEs unleash the power of their data and take charge of their processes. This has been done through our Event Stream Processing software, that includes data modelling expert DEEPMODE, and our investment strategy automation wizard CYBMIND.

So, what are you waiting for? Get in touch with us – there are no obligations, but the potential is huge!