Progress Software today announced the latest release of the Progress Apama Complex Event Processing (CEP) platform with a Parallel Correlator that leverages multi-core, multi-processor functionality. The Correlator takes care of thread management and load balancing, allowing the CEP software to automatically spread itself among multiple cores.

In a test of Apama CEP-based smart order routing, the Parallel Correlator was able to achieve a seven-fold increase in performance on an eight-core machine, according to Progress Apama executives.

"It's very hard to do concurrency perfectly, it's hard to map processes to cores," notes Dr. John Bates, founder and general manager of Progress's Apama division, who used to lecture on concurrency when he was a professor at Cambridge University. "The Correlator manages how parallel processes are mapped to available cores for optimal performance, allowing users to focus on expressing those business processes in Apama without having to worry about the technical complexity of designing and implementing concurrent CEP applications."

Apama CEP software is used by buy-side firms, hedge funds and regulators, including JP Morgan, Deutsche Bank, and FSA (Financial Services Authority) of the U.K.

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