AlgoDynamix today announced acquisition of a major Silicon Valley customer under a Global production SaaS license.
AlgoDynamix signs up major Silicon Valley customer
Major licensor for the AlgoDynamix RAP Platform™ Global SaaS product with exotic financial instruments
London and Cambridge (UK) based AlgoDynamix is an innovative risk analytics company that detects disruptive events in global financial markets and anticipates price movements hours or days in advance of the event. The software is used by investment banks and asset managers including hedge funds and family offices. The risk analytics are available via numerous distribution channels including API, email alerts and now via the AlgoDynamix RAP Platform™ which is a comprehensive interface that includes portfolio monitoring, resources/education section and API connectivity.
Its knowledgeable customer had originally attended one of the firm's popular workshops which comes with a seven day software licence included in the price. Having then fully evaluated the software and its capabilities they decided to go ahead with purchasing a full production license.
Dr Jeremy Sosabowski, PhD, CEO of AlgoDynamix said, “The take up at our software workshop on Level 39 was great. The results our trial customers had over the seven days of using the software clearly demonstrated the added value of the AlgoDynamix RAP Platform™.”
The AlgoDynamix RAP Platform™ is available as a SaaS licence and prices start at $3K per month depending on the number of instruments and financial exchanges. The simplest way to receive alerts from the AlgoDynamix RAP Platform™ is to subscribe to the “push” email service. This “push’ email will send you an alert one to two days before a market anomaly occurs. For full technical integration and better product performance a RESTful API interface is available which can be accessed easily using simple JSON scripts.
More information and further results from the AlgoDynamix RAP Platform™ are available in the latest research note: http://goo.gl/4Lw42h.
AlgoDynamix continues to run regular workshops at its Level 39 client solution centre in Canary Wharf, London and online Webinars. Please get in touch to find out more or visit the website www.algodynamix.com for regular updates.
AlgoDynamix Ltd. (The Company) is a company registered in England and Wales with a company number of 08853134 with a registered office at 5th Floor Salisbury House 744-750 Finsbury Circus London EC2M 5QQ. The Company is not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Financial Bank, Securities Broker or Financial Planner. The Information in this document is provided for information purposes only. The Information is not intended to be and does not constitute financial advice or any other advice, is general in nature and not specific to you. Before using the Company’s information to make an investment decision, you should seek the advice of a qualified and registered securities professional and undertake your own due diligence. None of the information in this document is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. The Company is not responsible for any investment decision made by you. You are responsible for your own investment research and investment decisions.
AlgoDynamix risk analytics provide hours or days advance warning of major directional market movements. Our products are used by investment banks and asset managers including CTAs, hedge funds, family offices and other managed funds. The company is backed by institutional investors including Amadeus Capital Partners and was recently nominated as one of the UK’s most disruptive technology companies.