Progress Apama Complex Event Processing (CEP)

The Progress Apama Complex Event Processing (CEP) platform is intended for ensuring visibility of processes in real time and operational reactivity for the purpose of acceleration of identification and warning of fraud. The solution Apama CEP allows to reveal in real time any unusual actions which can take place in the transactions which are carried out in ATMs (ATM) and in the automated bank clearing services (BACS) and also possible unauthorized access (potential hacking) in banking systems.

The Apama system of development Progress Software purchased by Software AG company is intended for flow analysis of data and search in them of correlations and the repeating templates. Similar processing systems of difficult events (Complex Event Processing, CEP) are widely used in exchange trade, for identification of fraud and in other financial tasks.

On June 13, 2013 — the Software AG company announced agreement signature with Progress Software company about purchase of Apama leading in the market of the platform for processing of difficult events and creation of CEP-applications. The Apama platform provides comparison and the analysis of business operations in real time using a set of data streams, helping the organizations to accept competent business solutions timely. The high-performance Apama platform and also technologies of message exchange offered by Software AG company with the low level of a delay and data processing of in-memory will help clients to derive a benefit maximum from the business data. It is especially relevant for those companies which need to react instantly to different events to prevent fraudulent activity, effectively to manage customer relations or to be engaged in trading. Besides, the Apama platform will allow clients to develop, test, trace and control work of the environment of the industrial Internet with the highest level of accuracy.

Under the terms of the agreement will pass development teams of Apama in Cambridge (Great Britain), Bedford (USA) and Hyderabad (India) and also global division of sales into Software AG and supports of Apama which is engaged in service of the customers working in the sector of financial services, communications and other areas. Apama is the known brand in the market of CEP technologies therefore the products and solutions developed by Software AG on the basis of this technology will move ahead under the Apama brand. Software AG will also continue to expand scope of Apama technology, including trading in financial markets, risk management, market research and also — is wider — customer relationship management taking into account their location and fraud prevention.

The purpose of strategy of Software AG in the field of technologies of management of Big Data — to help the staff of the companies with real time to analyze Big Data from any sources and on any device quicker to make competent decisions. The product portfolio of Software AG includes technologies of data management in-memory, processings of event streams and message exchange providing the analysis of all array of corporate data in real time. The platform of processing of Big Data from Software AG company will allow to create a new application class, capable with ease to adapt to different scenarios of use and data sets. Traditional approaches to data management on the basis of disks are already incapable to help clients to solve these problems. The CEP Apama platform ideally fits into a product line of Software AG.