Vhayu Partners with Alphacet to Increase Speed and Transparency of Alpha Generation
Integration to provide complete data management solution for quant research
Los Gatos, Calif., October 15, 2008 – Vhayu Technologies, the leading provider of enterprise tick data solutions, today announced that it has partnered with Alphacet, Inc., a developer of innovative software solutions for quantitative analysts, portfolio managers and traders, to provide customers with an integrated tick database and alpha generation solution. It will help firms more rapidly develop alpha trading strategies by enabling quants to create, backtest, and analyze complex multi-layer models in hours to days instead of weeks to months.
Available exclusively through Vhayu, this solution combines Vhayu Velocity, which can process, analyze and store massive amounts of tick and bar data, with Alphacet Explorer, a codeless advanced historical backtesting engine designed specifically for use with Vhayu Velocity. Designed for use across asset classes and instrument types, the solution also provides data normalization and mapping layers that eliminate the need for resource intensive development and ongoing support.
Through Alphacet Explorer, the integrated solution delivers a truly codeless environment that enables users to increase productivity and reduce operational risk by shortening the traditional quant workflow, eliminating coding error and utilizing a transparent drag-and-drop interface. Sang Lee, co-founder and managing partner at Aité Group, comments, “Those firms able to implement a highly efficient process for alpha discovery will gain a significant competitive edge for years to come.”
“To successfully capture alpha in today’s marketplace, firms must be able to collect, normalize and store massive amounts of real-time and historical data in a high performance tick database like Velocity,” says Jeff Hudson, chief executive officer of Vhayu. “We are pleased to join forces with Alphacet and together address the market need to integrate alpha generation technology platforms with data sources and databases for rapid data capture, transformation and storage for analysis.”
“By integrating Alphacet Explorer with Vhayu Velocity, we are empowering users with a seamless investment management process from the data capture, storage and analysis phase through the development of complex quantitative strategies,” says Peter Sibirzeff, chief executive officer of Alphacet. “Vhayu was a natural partner for Alphacet, and our complete data management solution for quant research will enable customers to achieve faster turnaround in the alpha generation process.”
Vhayu is previewing the integrated solution at Automated Trading in London today. For more information, please visit the Vhayu exhibition area.
Notes to the editors:
For more information please contact:
| Metia Chanda Gathani (UK) +44 (0) 20 3100 3605 chanda.gathani@metia.com |
Clare Anderson (US) +1 917 320 6459 clare.anderson@metia.com |
Alphacet Jackie Bardenwerper +1 203 352 6995 jackieb@alphacet.com |
About Vhayu
Vhayu delivers the fastest market data solutions for the capture and high-speed analysis of massive amounts of streaming and historical data, to the world's leading financial institutions. Through its unique patented Velocity and Squeezer technologies, Vhayu combines software and hardware to provide significant competitive advantages to financial firms concerned with the processing and storage of tick data by enabling faster and smarter trading decisions. Partnered with some of the world’s leading technology and financial services organizations, Vhayu's customers include 8 of the top 10 global financial institutions, the leading online discount broker, the largest financial information provider, major hedge funds and trading systems vendors.
Vhayu was founded in 1998 by Intel technologists who brought together over twenty years of experience architecting high performance hardware and software solutions. Headquartered in Silicon Valley, the company also has offices in New York, London and Tokyo. For more information, visit http://www.vhayu.com.
About Alphacet
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.