Statistical Research Laboratory (SRL), a company that develops software to deliver plug-and-play solutions to financial trading desks, has partnered with Progress to provide a complete trading technology solution for brokers and hedge funds.  The solution, powered by Progress Apama Complex Event Processing Platform, will offer "Broker in a box" technology and "Hedge fund in a box" capabilities.

The former will provide brokers with outsourced algorithmic trading and internalization capabilities across multiple asset classes. The “Hedge fund in a box’ capabilities,” will give hedge funds the technology platform to trade complex, high frequency trading strategies. In addition, it will allow for managing and monitoring P&L, risk and back office functions such as reconciliations and corporate actions. Lastly, this solution will enable users to internalize order flow, which is cost-saving benefit.

Learn more about SRL's solution now!