AlgoDynamix, leading financial risk forecasting analytics provider, has been included in WealthTech100 for 2020, a list that recognises 100 pioneering companies that are transforming the global investment and banking industry.
AlgoDynamix named one of WealthTech100’s most innovative companies
The WealthTech100 list of companies were chosen by a panel of analysts and industry experts who reviewed over 1200 companies produced by FinTech Global, a data and research firm.
This is the second time running that AlgoDynamix has made the annual list. The accolade stems from their cutting-edge analytic engine that gives early warning of directional price movements in the financial market before they actually happen. It was developed after many years of academic research at the University of Cambridge, United Kingdom.
What sets AlgoDynamix analytics apart from other solutions, is its use of real-time transactional data. Using advanced mathematical analysis, the algorithm clusters the dynamic behaviour of market participants (i.e. buyers and sellers) to identify market anomalies. While these anomalies are not apparent to us, AlgoDynamix's deep-data insight is able to uncover and capture the incidents bubbling underneath.
Where most models have failed, the AlgoDynamix engine has worked extremely well in forecasting market risk during 'never before seen events' we have experienced of late. From unexpected election results to a global pandemic, its dynamic nature has made AlgoDynamix's technology truly exceptional.
AlgoDynamix's CEO, Jeremy Sosabowski, PhD said: "This is great news for the entire team. Our unique forecasting analytics capabilities are once again being recognised as best in class. Clarity and predictability in the financial markets are must-haves, even more so with the current COVID-19 situation! Our accelerated business growth from upgrade requests and new client onboarding across both buy side and sell side really does confirm the value-add and the benefits of bringing this competitive advantage into your organisation.”
To share some of the insights obtained from their analytics, AlgoDynamix will be hosting a free webinar on 6th and 7th May, 2020. For more details on the webinar and to register, please click HERE.
For further details on WealthTech100, please visit: www.WealthTech100.com
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.