Press release here
"IBM unveiled a prototype of an automated options trading system. During the project, scientists at IBM Research collaborated with TD Securities to achieve a 21 times performance improvement on the volume of data consumed by financial trading systems."
Glad to see that System S is finally seeing the light of day.
Opher, any comments?
©2009 Marc Adler - All Rights Reserved.
All opinions here are personal, and have no relation to my employer.
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2 comments:
Hi Marc. I am not sure why you want me to comment, since typically I leave the IBM product promotion to others -). Since you asked: IBM has announced last year on a portfolio of various products that fall under the broad category of "Business Event Processing", one of them has been labelled as "Infospheres Streams" and it is a direct descendant of the "System S" project of IBM Research. It is intended to do stream processing (where stream is taken as a broad term including video streams, voice streams etc..) aimed at very high througput applications, like the prototype for TD mentioned in the press release, which was still done as a research activity. The Infosphere Streams product is under development now, so stay tuned for announcement on availability as a product.
cheers,
Opher
ibm is also working on algorithms to automate business decisions:
http://www.bloomberg.com/apps/news?pid=20601109&sid=aH6K5WdHvDcQ&refer=home
rumor has it the model takes a business question as inputs, and then simulates a coin flip.
early results are very similar to most real world decisions.
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