Posted on May 26th, 2010 by Tim Bass
It is pretty clear to most everyone that high frequency trading (HFT) destroys market integrity. In recent comments on my blog post, Strongly Regulate High Frequency Trading, Colin Clark shift’s the discussion away from HFT and points the finger at other market fundamentals. I agree with Colin that there are certainly myriad other [...]
Filed under: CEP News and Events, Cyber-Trading Technologies, Event Processing, Progress Apama | 9 Comments »
Posted on May 25th, 2010 by Tim Bass
In Regulation: Don’t Throw the Baby Out With the Bathwater, Progress CTO John Bates illustrates the principle of advocating a position based on a natural conflict-of-interest and then wrapping “the package” in rhetorical phrases.
First of all, the US economy (read individual investors) would be much better off if financial services firms (or anyone) were [...]
Filed under: CEP News and Events, Complex Event Processing, Cyber-Trading Technologies, Event Processing, Progress Apama | 10 Comments »
Posted on March 5th, 2010 by Tim Bass
In Orwellian Event Processing the discussion moved away from my original intent, which was primarily to discuss the vendor-state-of-denial regarding the prior art for processing complex events, and gravitated toward a discussion on the “inefficiencies” of rule-based systems. I was surprised learn that there are professionals who believe that there is no basis in fact [...]
Filed under: Analytics, Artificial Intelligence, Business Rules, CEP Terminology, CEP Tutorials, Complex Event Processing, Cybersecurity, Detection Theory, Event Processing, Event Processing Technical Society, False Positives and Negatives, Systems Engineering | 8 Comments »
Posted on February 28th, 2010 by Tim Bass
Recently we completed the installation and training of an open source Bayesian classifier to replace a rule-based approach to manage forum spam. In a nutshell, we found the rule-based approach was highly prone to both false positives and false negatives; however, a statistical approach using a Bayesian approach has turned out to be far superior. [...]
Filed under: Advanced Event Processing, Artificial Intelligence, Business Rules, CEP Terminology, CEP Tutorials, Complex Event, Complex Event Processing, Cybersecurity, Detection Theory, Event Cloud, Event Processing, Event Stream Processing, False Positives and Negatives, Open Source, Situation Models, Systems Engineering, Use Cases | 16 Comments »
Posted on December 15th, 2009 by Tim Bass
There is quite a lot is happening in the world of complex event processing. Interestingly enough, the people and the companies advancing processing complex events are not calling what they are doing “CEP the Buzzword” we read about in the press or that a handful of “pioneers” claim make them modern-day CEP “experts”.
The companies processing [...]
Filed under: Advanced Event Processing, Analytics, CEP News and Events, Complex Event Processing, Cyber-Trading Technologies, Event Processing, Financial Services, Predictive Business, Use Cases | 6 Comments »
Posted on September 22nd, 2009 by Tim Bass
Around 10 years ago I worked as Technical Director for SAIC as a member of an elite group of Internet security experts. I was responsible for a number of very large global financial corporations (well, actually two). The leader of our division, called The Center of Information Protection (The CIP), was a very intelligent [...]
Filed under: Agents, Analytics, CEP News and Events, Complex Event Processing, Cyber-Trading Technologies, Cybersecurity, Event Processing, Financial Services, Threats and Vulnerabilities | 5 Comments »
Posted on September 8th, 2009 by Tim Bass
Lately I have been busy with a web-based geo-targeting project. For those of you not familiar with geo-targeting, the deeper you get into geo-targeting, the more you realize how important and interesting it is. Geo-targeting is used for fraud detection, personalization, ad-targeting, content-delivery, and more. In addition, the same basic concept is used [...]
Filed under: Analytics, CEP News and Events, Complex Event Processing, Cybersecurity, Event Cloud, Event Processing, Extrusion Detection, Fraud Detection, Intrusion Detection, Network Monitoring, Open Source, Predictive Business, Process Optimization, Risk Management, Security Event Management, Sensor Fusion, Simple Event Processing, Systems Engineering, Use Cases | No Comments »
Posted on July 19th, 2009 by Tim Bass
Take the quiz. Event Processing 101.
The big question is, “Who will copy me and start posting CEP/EP quizzes next?”
Stay tuned for my next CEP/EP quiz, after I return from a 2 week vacation (sometime in August!)
Quizzes by Quibblo.com
Filed under: Complex Event Processing, Event Processing, Event Processing Technical Society | 4 Comments »
