Sumit Sadana, VP Integration Middleware at Barclays Capital, and TIBCO CEP specialist Mukesh Gehlot co-presented on the Barclays Capital implementation of a Dodd-Frank reporting system covering real-time reporting and auditing of Swap Data Repositories (SDRs). They constructed a Compliance Risk Reporting application that involved validation, compliance and reporting rules allowing correlations between trade messages (as events), and outputting tailored reports that are routed to designated audiences.
The performance / throughput and state management requirements pointed to a CEP platform approach, TIBCO BusinessEvents, whose declarative rule capabilities allowed for better rules management and the ability to add and refine rules as required.
