STAC Benchmark Council: "Why didn’t we do this before?"
The first general meeting of the STAC Benchmark Council took place on 17 December 2007 at Credit Suisse in New York. Despite the proximity to the holidays, 74 representatives of 40 firms attended to make connections with their peers in the industry and share views on technology, measurement, and the Council. The event prompted one attendee to say: "This is super. Why didn’t we do this before?"
Among the event’s concrete outcomes, several people stepped up to join working groups, including the STAC-M (market data) working group, whose first task is completing a benchmark spec for direct exchange feed solutions, and the STAC-A (analytics) working group, which is currently focused on benchmarks for Event Processing Platforms (EPP, sometimes loosely called Complex Event Processing).
Once again, we’d like to thank our hosts, Credit Suisse (especially Rick Alm), and the vendors who helped to underwrite the event: Intel, IBM, HP, Aleri, Red Hat, and Novell.
The Council is now accepting memberships from trading firms and suppliers of trading technology. If you are interested in joining or are not sure whether your firm is a member, please email council@STACresearch.com.
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