The 'Complexity' of CEP

The very emergence of the term "complex event processing" (CEP) implies that those not using CEP systems are not processing complex events. In reality, many financial institutions are already dealing with market data volumes using methods other than CEP, which raises the question of whether CEP is even the right term for the issues that firms are trying to address in this area.

CEP is frequently associated with processing market data. But at its most basic, CEP is a technology for building a

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