reported by Joe McKendrick, ZDNet
This week, a report out of the Financial Times (cited here in the LA Times) said that a bug used in the computer models used by analysts at Moody’s Investors Service caused Moody’s to award “incorrect triple-A ratings to billions of dollars worth of a type of complex debt product.” The [...]

Real-time analysis of streaming data is catching on, but industry experts say CEP is still an immature technology.
by Ivy Schmerken, WallStreet & Technology, May 15, 2008

Complex event processing (CEP) is supposedly gaining traction on Wall Street as a way to analyze real-time streams of information and find patterns or correlations in unrelated data. But there [...]

by Joe McKendrick, ZDNet.
What is event processing and how could it make a difference? Here is one example of where it could take us: Scientists are talking about the possibility of an in-body network that could detect heart attacks or diabetic collapses and alert emergency services.
So we have the need-to-have, lifesaving value of event processing, [...]