The Wakett Blog

The Benefits of Event Stream Processing Software from Wakett featuring TIBCO® Streaming

Written by Wakett | 18 August 2023

When we set out to create our Event Stream Processing framework, we knew that we wanted to create something that was as user-friendly and flexible as possible. We didn’t want financial companies - especially SMEs - to have to worry about developing their own modules and adapters, creating their framework from scratch, or having to worry about their software being reliable.  

We believe we have achieved that thanks to our team of financial and software experts, which also brought on board TIBCO® Streaming

Below we explain the benefits of our Event Stream Processing software so you can decide whether our framework is worth it for yourself. 

 

The 5 Top Benefits of Event Stream Processing Software from Wakett

  • Saves You Time: Our software is designed to save you time. It does this by automatically and autonomously collecting, normalising, processing, analysing, and reporting data in and out from multiple sources, removing the need for your employees to work with multiple systems or do it manually. But that’s just the beginning: our software does not need to be created from scratch, meaning you can get your system going faster.
  • Super Powerful: One of the main benefits of using the Wakett Framework is that it incorporates TIBCO Streaming®. As we explain in our How TIBCO Streaming Adapters Work + How They Can Benefit Your Business article, these adapters are basically self contained pieces of software that allow you to collect data from any source, convert it from one format into another, and process it quickly in your system. This means that you don’t have to worry about transforming data sources, or coding. These adapters do it all by themselves and they work on the same framework.
  • Runs on Distributed Multiple Servers: TIBCO® is one of our main partners and this gives our software clout, as well as power. See, TIBCO®, as one of the world’s leading intelligence software companies servicing banks and exchanges, all across the world. This means that the software is constantly being updated and made better, benefitting anyone who uses it! Wakett provides global dedicated colocations of the framework, in any datacentre, in premises, and cloud, to build bespoke multiple node distribution.
  • 100% Uptime: When it comes to software as crucial as this, it’s important that it is constantly available and online. Thankfully, TIBCO® is renowned to deliver on this promise - the Australian Securities Exchange (ASX), for example, has experienced over 20 years of constant uptime.
  • Affordable: While our software is extremely powerful and gives you access to the same technology used by some of the world’s leading financial companies, it is far more affordable than getting in-house software developers. It also comes with guaranteed, on-going maintenance to ensure you are always up and running!

 

Sounds Good? Then Why Not Get In Touch?

If these benefits have got you wondering about your current system and how the Wakett framework could boost your company’s performance, then get in touch with us. We’ll be happy to discuss the benefits of Event Stream Processing software with you!