Summed parallel infinite impulse response filters for low-latency detection of chirping gravitational waves

With the upgrade of current gravitational wave detectors, the first detection of gravitational wave signals is expected to occur in the next decade. Low-latency gravitational wave triggers will be necessary to make fast follow-up electromagnetic observations of events related to their source, e.g., prompt optical emission associated with short gamma-ray bursts. In this paper we present a new time-domain low-latency algorithm for identifying the presence of gravitational waves produced by compact binary coalescence events in noisy detector data. Our method calculates the signal to noise ratio from the summation of a bank of parallel infinite impulse response filters. We show that our summed parallel infinite impulse response method can retrieve the signal to noise ratio to greater than 99% of that produced from the optimal matched filter.