When I mentioned to someone that I do trading development with SmartQuant's QuantDeveloper, they said they've encountered similar tools with names such as KDB and Apama.
Upon further research, KDB is a tick database developed by ksxystems. It is designed for recording high frequency ticks, as well as manipulating the data efficiently. I'm wondering what sort of price tag is associated with it.
Apama is a Buy Side Algorithmic trading tool by Progress Software. They have an Algorithmic Trading Resource Center. On that page, I found a one page article on 10 Innovative Algorithmic Trading Techniques by John Bates. Here are the top ten techniques:
- Making your own "secret sauce"
- Gaining "first mover"
- Algorithmic trading beyond equities
- Concurrent access to multiple liquidity pools
- Cross-asset Trading
- Combining news analysis into algorithms
- Real-time market data capture
- Backtesting and Tuning
- Digital Forensics
- Managing Trading Risk