optionMONSTER™ Group Deploys Aleri CEP Technology on trade MONSTER™

CHICAGO--(BUSINESS WIRE)--Aleri Inc., a leading provider of enterprise-class complex event processing (CEP) technology and Continuous Intelligence™ solutions, today announced that optionMONSTER Group, owner of financial media firm, optionMONSTER, is using Aleri CEP software for the trading platform of its subsidiary trade MONSTER. trade MONSTER is a revolutionary online broker that launched in 2008 and has already gained a loyal customer base of self-directed investors and received a great deal of acclaim from the investing community. Using Aleri CEP along with other cutting-edge technologies, trade MONSTER provides a scalable, customizable and powerful online trading platform with integrated educational resources.

“The Continuous Computation Language and the clustering features will ensure that we can quickly build and launch a powerful event stream processor.”

Unique among online brokers, trade MONSTER lets customers realize their own visions for the optimal brokerage experience by providing extensive customization in how trade, position, and market information is displayed. trade MONSTER’s web-based platform does not require downloads, but gives traders the power, speed and flexibility previously only available in downloadable software. Aleri's CEP engine powers back-end market charts, trade analytics and alerting services contribute significantly to this unique trading experience. The CEP applications provide customized, dynamic information and analysis on real-time data, which allow customers to make better decisions and act upon trading opportunities.

“Aleri CEP is an essential piece of optionMONSTER’s vision to bring professional-grade information, tools, and technology to the retail investor,” said Dirk Mueller, Co-founder and CEO of optionMONSTER. “The advanced language and tools, and enterprise-class availability allowed us to deploy the rich, scalable, always-on market and trade analytics services our customers require.”

optionMONSTER’s technology team selected Aleri after an extensive evaluation of CEP products on the market. “Aleri’s CEP software was better for optionMONSTER than other comparable products due to ease of use, extensible library support, and real-time query mechanism that fits well with our sophisticated push architecture in the browser,” said Sanjib Sahoo, Vice President, Technology of optionMONSTER. “The Continuous Computation Language and the clustering features will ensure that we can quickly build and launch a powerful event stream processor.”

“optionMONSTER’s advanced brokerage platform and use of CEP technology are highly unique and provide tremendous competitive differentiation,” said John Morrell, VP of Marketing, Aleri, Inc. “We are pleased to provide the combination of power and ease that helps optionMONSTER Group deliver the rich information and analytics for this differentiated customer experience.”

About trade MONSTER

Launched in 2008, trade MONSTER, at www.trademonster.com is setting a new standard of excellence and innovation in the online brokerage industry. trade MONSTER’s web based platform combines the power and flexibility of professional trading software with the convenience and reliability of a browser-based trading platform. trade MONSTER features dynamic, customizable screens, integrated investor education, transparent commissions and an extremely knowledge and dedicated customer service team. trade MONSTER’s technology team prides itself on constant customer driven innovation and currently has 4 patents pending for one-of-kind investment tools embedded on the trade MONSTER platform. The company’s management team comprises former executives at Schwab, Fidelity, optionsXpress, ThinkorSwim and E*Trade, with an average 20 years of brokerage experience.

About optionMONSTER

Co-founded in 2006 by Jon (‘DRJ’) Najarian and Pete Najarian, a pair of professional traders, financial executives, and CNBC contributors, the optionMONSTER Group of companies provides tools and information intended to narrow the gap between self-directed and institutional investing. optionMONSTER's unique perspective marries high-tech analysis of the day's market activity to the pro trader's insights and makes it accessible to everyone. At www.optionmonster.com, the Chicago-based company delivers news and analysis, educational resources, and subscription products in the fields of options, equity, and exchange traded funds, helping investors evaluate trading opportunities and make disciplined decisions about their portfolio.

About Aleri

Aleri, an industry leader in complex event processing (CEP) technology, provides a high-performance platform to quickly build and deploy real-time applications that can analyze and respond instantly to high-volume and high-speed data in order to minimize risk and increase competitive advantage. Driven by market demand, Aleri also provides CEP-powered solutions that enable the financial industry to respond faster to changing conditions and make better decisions through more timely information. Aleri was recognized as a standout leader in the 2009 Forrester CEP WAVE report.

In 2009, Aleri merged with Coral8, to expand market reach and increase the speed of innovation for next-generation, real-time event processing and solutions. The combined product family offers a comprehensive software suite for developing, implementing and delivering real-time analytics and Continuous Intelligence™ for time-critical business decisions.

Aleri is a global company with headquarters in Chicago and offices in California, New York, New Jersey, London and Paris. For more information, please visit www.aleri.com.