CAISER is an Event Processing Platform Technology that can be used as a tool to create Event Processing related systems such for Smart Building Systems, Intelligent Alarm Processing Systems, Intelligent Surveillance Systems, Financial Fraudulent Activities detection Systems and many more. CAISER Receives Raw Event( e.g: Smoke Detected, Door Opened, Credit Card Used) input from Event Producers ( e.g: RTU, SCADA System, Bussiness Process Automation System etc) via Event Communication Channel Adapters(e.g:SMS, Email , Socket, Instant Messengers, Whatsapp, DCOM). CAISER then identifies Derived(Higher Order) Events (e.g: Fire in the room, Credit Card used fraudulently) by analyzing the sequence and correlation of the raw events and generates the relevant mitigation Action which would later be executed or consumed by the Event Consumer & Event Actor( e.g: human invigilators, Mechatronic Systems, Automation Systems, security force, robot, web portals).