brenda michelson's technology advisory practice
Due to generous sponsor support – Starview Technology, Progress/Apama, Sybase and IBM – the Capital Markets Event Processing Symposium is now only $99. That’s a full day program (October 6, 2010) featuring Roy Schulte, Opher Etzion, Colin Clark, Dr. John Bates and more. Check it out.
[Disclosure: The Event Processing Community of Practice is a client of Elemental Links].
As Sandy Kemsley posted, we spent most of yesterday working with a team from BPTrends, IIBA and Queensland University of Technology (QUT), planning a new Process Knowledge Initiative. The team came together to realize the vision outlined in Dr. Wasana Bandara’s research paper on Professionalizing Business Process Management. (PDF)
Dr. Bandara’s paper, co-authored by Paul Harmon of BPTrends and Dr. Michael Rosemann of QUT, calls for the creation of a comprehensive, extensible, open source, community-driven Business Process Management Body of Knowledge (BoK).
The newly forming Process Knowledge Initiative will steward the creation of such a body of knowledge, which will be created by and for business process management professionals, academics and industry technology and service providers.
As this is a community driven and directed project, we have issued a call for action seeking business process community members who are interested in contributing to, or supporting, the BoK creation effort. If this sounds interesting, please fill out the call to action form.
Why was I included in a room of BPM experts? The team has contracted with Elemental Links for program start-up support. As I promised Sandy, I won’t “meddle” in the Process Knowledge content. That’s best left to experts. Like you. Get involved.
[Disclosure: The Process Knowledge Initiative is a client of Elemental Links.]
The Capital Markets Edition of the Event Processing Symposium keeps getting stronger. In addition to our opener and closer, Roy Schulte and Opher Etzion, respectively, the program is now completely loaded with Event Processing talent.
To name a few recent additions:
Identifying and Correlating Patterns In Real Time Market Data with Terabytes of Historical Data, by Colin Clark, CTO, Cloud Event Processing
Using Complex Event Process & Map/Reduce, we will describe and demonstrate a system capable of identifying and correlating patterns in real time market data to historical market data. The approach will demonstrate the use of complex event processing, symbolic aggregate approximation, an mpp database, and both sql and streaming map/reduce. Using this approach and a combination of statistical and probabilistic processes, one can distill current market activity into a recognizable pattern that is then able to be used to search terabytes of underlying market data for similar conditions.
Optimizing the Trade Process with the Starview Smart Enterprise Platform, by Thomas Sulzbacher, CEO of Starview Technology
Optimization of the trading process and minimizing risk requires continuous real-time visibility and control from Front Office to Back Office. We will discuss how to synthesize these trade events from critical systems using decision analytics to ensure the appropriate content is delivered to the right place at the right time from trade execution to settlement.
Dr. John Bates, of Progress/Apama, on hot-topic capital market trends and conversations, such as HFT, the flash-crash and looming regulatory change.
In addition to the talks, there will be ample opportunity to connect with the speakers and fellow attendees during networking breaks and via a panel discussion.
Check out the program. See you in New York!
[Disclosure: The Event Processing Community of Practice (EP CoP) is a client of Elemental Links].
This morning, David Linthicum, Bill Russell and I traded our top 3 Cloud Computing Picks for August. Despite the slow news month, we had a lot to discuss. Even with me “stealing” one of Dave’s stories. Check out the podcast.
