Complex Event Processing: What?, Why?, How?

Complex Event Processing Quoi, Pourquoi, Comment? Fabien Coppens Alexandre Vasseur ©OCTO Technology – Université d’été du Système d’information

Objectives ,[object Object],[object Object],[object Object],[object Object]

Speaker Qualifications ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The « Right-Time » Enterprise ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Situation Action/Decision Events Time Push Loosely coupled Time & Event-Driven

[object Object],SOA + EDA + XTP + Edge + BAM/BI Convergence: Event Processing Financial Services Fraud detection RFID BAM & monitoring Sensors Location/presence based services Security Large scale SOAs Right-Time + Events

Event Processing Simple, Streaming, Complex / Business EP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],When [CEP] then […]

CEP’s Friends ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CEP Situational & Actionable Awareness ,[object Object],When [CEP] then […] If … then […]

CEP ~ Database 2.0 ? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],SQL Queries CEP Server EPL Queries CEP Database

Event Processing Language & CEP Server ,[object Object],[object Object],[object Object],[object Object],? CEP Application Source + CEP as EPL + Sink Is EPL expressive enough (build vs buy) Is EPL a standard (vs SQL) Is it a specialized RDBMS or a true engine? Does it require a RDBMS? Manageable? Scalable Interoperate? Time & Causality Filter, Aggregate Sliding windows Continuous execution State management, threading Transports In & Out Interrop. Dashboards High Availability Runtime Management Record / Replay / Test

#1: Algorithmic trading ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Simple Event Processing Stream Processing (Timefull)

#1: Build vs Buy? MarketData(GOOG, 50) MarketData(MSFT, 25) MarketData(GOOG, 30) MarketData(GOOG, 40) Avg price / last 2 ticks, per ticker GOOG:40 GOOG:35 Receive market data Output / trigger actions ,[object Object],[object Object],[object Object],list = new MyList(GOOG,2) /*2 = size*/ // on event list.add(tick) // some tick discarded // as list size was // harcoded with size 2 //TODO: do not hardcode // recompute avg //TODO: optimize this send computeAvg(list)

#2: Fraud and compliance, risk management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

#3: Location based services ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

#4: Trading as SaaS : Strateer ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

#4: Strateer use case Strateer is algorithmic trading for individual investors 1. Drag & Drop your own automated strategy 2. Test it the way fund managers do 3. Then run it on Strateer: 1000s of data sources, real-time engine. 4. Get trading alerts to you anytime, anywhere. 5. Share and compare results with community

Solutions (excerpt) Single use case platform (trading, compliance, BI ..) xxx Event Processing Mandates a DB? Latency / Throughput Of the shelf? Proven / Innovating Maturity Cost (Buy + Learn + Operate) Event Processing = Middleware x = Simple / Stream / Complex / Rules In-memory vs hidden DB vs DB 1 to 1000 if not more range Interoperate? Open platform? … … … ?

Adoption: Risks & Benefits ? “ CEP is mature? CEP is really not ESP? CEP is really event-driven SOA? CEP is really real-time BI? CEP is really low latency, high throughput, white-box COTs algo trading? CEP is really not a type of BPM? CEP is not really for detecting complex events? Complex does not really mean complex?” [as seen on blogs] Use case driven Build vs Buy SOA/BI/BAM related Orthogonal processing (discover & monitor) vs path critical processing (act upon)

Links ,[object Object],[object Object],[object Object],[object Object]

Complex Event Processing: What?, Why?, How?

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Complex Event Processing: What?, Why?, How?