Hedge Fund G Capital Management selects Alphacet Discovery as its platform for quantitative strategy development and deployment
Stamford, Conn., June 14, 2010 - Alphacet, Inc., a developer of innovative software solutions for quantitative analysts, portfolio managers and traders, today announced that G Capital Management, a global macro hedge fund and investment manager, has selected award-winning platform Alphacet Discovery, the only straight through processing (STP) solution for quantitative strategy development and deployment, as its comprehensive financial modeling platform.
"Although we are a fundamentally driven discretionary global macro firm, establishing a strong quantitative platform enables us to validate our fundamental views in real time and size opportunities appropriately. Alphacet provides us the tools to build this functionality effectively," said Peter C Gerhard, Founder Managing Partner and Chief Investment Officer of G Capital Management.
"As we look to uncover global economic trends within the capital markets, we need a financial modeling platform that allows us to examine and analyze new ideas rapidly," said Mel Gunewardena, Managing Partner and Chief Operating Officer of G Capital Management. "With Alphacet Discovery, we can accomplish this by combining multiple tick in macro markets and fundamental data sources seamlessly to create, test and launch complex financial models all from one unified platform."
G Capital Management selected Discovery for its flexible graphical user interface (GUI) as well as its real-time interactive dashboard that allow users to monitor any derived output strategy series on a real-time basis through a unique and scalable reporting tool.
"Today's financial institutions need quantitative modeling solutions that not only help users uncover new sources of alpha, but also help them decrease operational risk," said Peter Sibirzeff, chief executive officer for Alphacet. "We are excited that G Capital Management has chosen Discovery as its comprehensive financial modeling solution to increase the efficiency and transparency of its quantitative modeling workflow."
Discovery is an enterprise platform designed specifically for quants, traders and managers looking to develop complex multi-asset class financial models that combine multiple data sources and run on intraday data, down to the one second level. Discovery includes a preprogrammed library of more than 650 mathematical routines and allows users to develop models with or without coding.
Alphacet was awarded the 2009 Best Buy-Side Newcomer award by Buy-Side Technology and was named a finalist for The Technical Analyst's 2010 and 2009 Best Automated Trading Product awards. It also received top ratings from the Aite Group in its 2008 "The World According to Quants" report. With a fully integrated ecosystem of top-tier partners, Alphacet is the only platform able to offer users a complete quantitative work process that is up to 80% more efficient than traditional workflows.
G Capital Management, LLC with its affiliate G Capital Fund Management, LLC is a Delaware based, privately owned, independent investment firm located in Red Bank, New Jersey. The firm employs a liquid discretionary macro hedge fund strategy and actively invests in global interest rate markets, currency markets, liquid commodity markets and global indices. www.gcapitalmgmt.com.
Alphacet, Inc. is a developer of innovative software solutions for quantitative analysts, traders and portfolio managers. Alphacet's management team combines experience in the development and marketing of complex trading technologies with practical trading expertise and extensive academic and research talent. The company was founded in 2007, building on development work begun in 2003, based on pioneering work by researchers at the University of California. Alphacet is headquartered in Stamford, Connecticut. For additional information please visit www.alphacet.com.
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