StreamBase Systems is a software company based in Lexington, MA, USA. StreamBase was founded in 2003 to commercialize a project called Aurora set up by Mike Stonebraker at MIT, in conjunction with researchers from Brandeis University and Brown University. StreamBase's website says that its complex event processing (CEP) platform allows for the rapid building of systems that analyze and act on real-time streaming data for instantaneous decision-making, and combines a rapid application development environment, an ultra low-latency high-throughput event server, and connectivity to real-time and historical data. Analysts report that StreamBase has around 75 customers as of Q2-2009[1], including CME Group, PhaseCapital, BlueCrest Capital Management, ConvergEx and RBC Capital Markets. The company is headquartered in Lexington, Massachusetts with offices in New York, Washington D.C. and London.
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In June 2009 StreamBase Systems announced that it had built an adapter to Twitter allowing StreamBase applications to both ingest “Tweets” and to send out “Tweets” into the Twitter-sphere. The announcement resulted in significant press coverage in some of the leading international and national news publications, including CNBC, The Wall Street Journal, and the Financial Times.
Mark Palmer, StreamBase's CEO, appeared on CNBC's television series "Street Signs" to discuss how trading firms can use Twitter messages to make trading decisions. The segment is available for viewing here and additional reading on the subject is available on CNBC's website here.
The Wall Street Journal references StreamBase's Twitter adapter in the August 3, 2009 print edition of the newspaper. The article discusses how social networking is playing a role in assessing the markets and is available for viewing here.
The Financial Times also feature StreamBase's Twitter adapter in an article available for viewing here.
In 2010, StreamBase was named 2010 World Economic Forum Technology Pioneer[2] and Hottest Boston Company.[3]
In 2009, StreamBase received InfoWorld Award,[4]
In 2008, the company received Waters Magazine's award "Best Streaming Data Solution provider"[5]