Thomson Reuters launches European power analytics tool

Thomson Reuters launches European power analytics tool

http://www.automatedtrader.net/news/at/142965/thomson-reuters-launches-european-power-analytics-tool

Thomson Reuters launched a tool designed to help traders predict prices in European power markets.

London/New York – Thomson Reuters launched a new analytics tool on its flagship Eikon product to help commodities traders and analysts predict prices in major European power markets.

The new tool, Power Curve, uses visualisation techniques to enable traders and analysts to obtain real-time, fundamental fair value assessments of the Nordic and German power markets, two of the most liquid power markets in the world.

Thomson Reuters said Power Curve combines power supply data available under REMIT, or Regulation on Energy Market Integrity and Transparency, with real-time fuel prices, weather, available capacity information and Thomson Reuters proprietary supply and demand models.

“Power markets are increasingly complex and news and price data alone are no longer adequate for traders to assess the fair value of power markets today. Understanding the impact of event-driven data such as weather, supply and demand changes and capacity information on power contracts is critical but also very time consuming,” said Stefan Reichenbach, head of commodities research and forecasts at Thomson Reuters.

“By adding event-driven market simulation models into Thomson Reuters Eikon, we are bringing together data from multiple sources, including data made available by REMIT, and providing energy professionals with a comprehensive visualisation of how such events drive market outcomes,” he said.

Reichenbach added: “Recently when a German nuclear power plant came back on-stream earlier than anticipated, Power Curve visually illustrated how demand would be met by plants with lower marginal cost and correctly anticipated the €2 drop in power prices.”

The Commodity Research and Forecasts service in Eikon provides weather, metals, agriculture and energy insight from a team of analysts from Thomson Reuters GFMS, Thomson Reuters Lanworth, Thomson Reuters Point Carbon and Thomson Reuters Weather Insight.

Olivetree Financial Group Selects Sungard To Deliver Securities Lending Data And Analytics To Clients

Olivetree Financial Group, a leader in evidence-based finance, has selected SunGard’s Astec Analytics to provide the users of its OTAS platform with faster, more comprehensive securities lending data.

via Pocket http://www.mondovisione.com/media-and-resources/news/olivetree-financial-group-selects-sungard-to-deliver-securities-lending-data-and/ July 01, 2013 at 06:53PM

Knowsis Offers Social Media Sentiment Data to Support Trading Strategies

Knowsis Offers Social Media Sentiment Data to Support Trading Strategies

http://low-latency.com/blog/knowsis-offers-social-media-sentiment-data-support-trading-strategies/?utm_source=weekly&utm_medium=email&utm_campaign=ll_13-06-27

Start-up data and analytics firm Knowsis is working with an initial five clients to incorporate its social media sentiment data into their trading strategies. The company declines to name the clients, but says one will go live imminently with strategies built around signals from Knowsis data, while others are considering how to add sentiment data as an additional parameter to their strategies.

London-based Knowsis was formed as a private company in January 2012 with seed investment from Method Investment and Advisory, a funds and quant trading house that Knowsis can also work with to develop and check its concepts. Knowsis’ founder and CEO Oli Freeling-Wilkinson is joined by chief technology officer Mark Unsworth, a technologist and developer most recently working with online music company 7digital, and two further employees.

The company was conceived by Wilkinson in 2010, when there was little financial market recognition of the potential of social media, but he says the question now is no longer whether social media is important, but how to use it. He adds: “Any quantitative trader, hedge fund or risk manager should be interested in data that is proven to help make decisions and money.”

While the company isn’t naming names – its own is based on gnosis, the Greek noun for knowledge – it has worked with quantitative funds to test the use of social media sentiment data in trading strategies. The tests were based on a portfolio of stocks, with each stock being given a sentiment rating based on social media activity and simple trading strategies then being devised. The company says all trading strategies in the test generated returns above those achieved by major indices over the same time period.

Knowsis’ methodology is based on one overarching question: will sentiment make a difference to asset prices? With this in mind, its analysis identifies underlying behavioural trends rather than supporting a ‘trade by tweet’ approach.

The company initially considered using third-party sentiment data systems that are frequently used by large consumer brands to support its service, but found these lacked financial relevance. Instead, it has built technology from the ground up to mine, manage and analyse vast quantities of data produced by social media. It uses scrapers and similar technologies to gather data and filters about 1% of Twitter’s 400 million daily tweets using in-house built algorithms designed to identify Tweets that have financial relevance. It also looks at Facebook, but only to a limited extent as it is a closed system, and scans further blogs and forums that it chooses not to name as it fears malicious activity could skew results. The platform is data agnostic, meaning any social media source could be used to feed the algos and it also includes a machine learning element.

Once data is collected, a sentiment analysis tool is used to aggregate underlying behaviour around an asset and the asset is given a number on the scale of -100 (bearish) to +100 (bullish). A list of securities, predominantly macro assets and some stocks, and their sentiment scores is then made available to users via an application programming interface that is updated in real time, although Knowsis notes the volatility of intra-day conversation and prefers to promote end-of-day aggregated sentiment data that can be validated and checked for false or misleading information.

The company is working across financial markets and includes high frequency, low latency traders that pick up signals in real time, but its drive is towards understanding rather than speed. Wilkinson explains: “Knowsis is not about ultra low latency delivery, but about longer term underlying behaviour trends. The aim is for end-of-day data to be used to project how certain asset classes may behave during the next week.”

With five clients in its portfolio and R&D ongoing, Knowsis’ next plan is a sales push and a search for specialist market data partners that can distribute its social media sentiment data on a global scale.

CFN Services Announces TradingHUB Providing Global Access to Liquidity Venues with One Single Connection

CFN Services Announces TradingHUB Providing Global Access to Liquidity Venues with One Single Connection

 

http://low-latency.com/article/cfn-services-announces-tradinghub-providing-global-access-liquidity-venues-one-single-connec/?utm_source=weekly&utm_medium=email&utm_campaign=ll_13-06-20

Newswire | June 18, 2013 – 1:51pm

CFN Services, a leading provider of managed IT services to the financial services industry, announced the debut of TradingHUB, the company’s highly secure cloud connecting liquidity venues worldwide with one single connection. As a vital source of connectivity for leading, security-conscious financial services players, TradingHUB safely connects buy-side and sell-side firms to global liquidity, while providing access to the advanced trading, analytics and data services available on CFN’s Alpha Platform.

A single connection to any of the 50 global TradingHUBs deployed across the Alpha Platform enables clients to simply and affordably connect to key liquidity venues and trading partners across asset classes eliminating the need for expensive and complex market access networks, colocation and hardware. In markets with Alpha Platform Direct Connect (APDC), clients utilizing TradingHUB can leverage APDC’s low-latency direct market access and raw, full depth of book feeds from leading global exchanges. TradingHUB reinforces CFN’s reputation as an innovator in the evolving, financial markets for high performance automated trading solutions.

“We’re excited to introduce TradingHUB, providing clients a more secure, agile and affordable means of accessing to today’s financial markets. Through a single connection, TradingHUB opens the door to hundreds of financial markets, leading intermediaries and tier-one trading partners around the globe,” said Paul Edelmann, Senior Vice President, Professional Services, CFN Services.

This addition to the portfolio of Alpha Platform offerings demonstrates CFN’s commitment to client-driven innovation, security and high performance. Since last year, CFN has delivered Alpha Platform

On-Demand, the first, globally-distributed, high performance public cloud for the global financial markets; enabled market access over the fastest point-to-point wireless technology; and launched Alpha Platform Direct Connect, the company’s direct market access and market data platform.

“In addition to exchange colocation facilities, we are pleased to announce the expansion into Telx’s two facilities on their Clifton, N.J. data center campus, which offers a unique set of differentiated features for the capital markets. Effective today, with a single TradingHUB connection, clients can connect from any venue, to any venue quickly and reliably on the Alpha Platform,” added Edelmann.

 

RISK AS A SERVICE

via Pocket http://www.securitiestechnologymonitor.com/news/risk-as-a-service-offering-povides-tools-for-hedge-funds-31767-1.html?ET=securitiesindustry:e4247:190117a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=SIN_DailyClose__061413 June 14, 2013 at 10:25PM

What_colour_is_my_trade

http://thetradenews.com/USA_Features/Industry_Profile/What_colour_is_my_trade_.aspx.

Interactive Data’s BondEdge Solutions Integrates Andrew Davidson & Co’s Prepayment and Mortgage…

Addition of AD&Co Models and Related Data for Mortgage-Backed Securities Enhances Analytics and Reporting Capabilities of BondEdge BondEdge Solutions, an Interactive Data company and leading provider of fixed income portfolio management software, today announced a collaboration with Andrew Davidson

via Pocket http://www.bobsguide.com//guide/news/2013/Jun/6/interactive-datas-bondedge-solutions-integrates-andrew-davidson-cos-prepayment-and-mortgage-credit-models-into-fixed-income-analytics-platform.html June 12, 2013 at 07:11PM

TIBCO buys StreamBase

TIBCO buys StreamBase

http://www.automatedtrader.net/headlines/142857/tibco-buys-streambase

StreamBase acquisition strengthens TIBCO event processing & real-time analytics.

Palo Alto, California – TIBCO Software has acquired StreamBase Systems the privately held provider of event processing and real-time analytics software. Financial details of the transaction were not disclosed.

With the aquisition of StreamBase TIBCO will add streaming capabilities to its event processing portfolio, enabling big data to be processed in real-time to provide an event-based alternative to batch-centric big data architectures.

“StreamBase has developed a powerful and easy-to-use offering to monitor, understand, and act on event streams in real-time for one of the most performance-intensive industries in the world today,” said Matt Quinn, CTO of TIBCO Software. “This combination extends our event-processing abilities and provides a terrific opportunity to address a growing number of use cases for data in motion – in financial services and beyond.”

“TIBCO sets the standard in low latency messaging, enterprise integration and visual and computational analytics. Now with streaming event processing and real-time analytics from StreamBase, TIBCO’s big data platform is the most capable in the industry,” said Mark Palmer, CEO, StreamBase Systems. “StreamBase has revolutionised how organisations use real-time data by speeding application development to enable companies to analyse data and take immediate action. We look forward to bringing this significant business advantage to the wide set of industries and customers TIBCO serves.”

Fidelity National Financial Selects Clearwater Analytics

Fortune 500 Insurer Looks to Increase Automation, Flexibility, and Control of Investment Accounting and Reporting With Clearwater Fidelity National Financial (NYSE: FNF), a Fortune 500 provider of title insurance, mortgage services, and other diversified services, has selected Clearwater Analytics

via Pocket http://www.bobsguide.com//guide/news/2013/May/22/fidelity-national-financial-selects-clearwater-analytics.html May 23, 2013 at 06:57PM

CQG Labs web-based testing site re-launched

CQG Labs web-based testing site re-launched

http://www.automatedtrader.net/news/at/142745/cqg-labs-web_based-testing-site-re_launched

CQG Labs re-launched with multiple new prototypes

Denver, CO – CQG has launched the latest iteration of its CQG Labs web-based testing site. CQG Labs (cqglabs.com) serves as a test bed for experimentation with alternate forms of data and analytics delivery to the trading industry using a cloud infrastructure.

The new improved CQG Labs offers three times the number of prototypes compared to the selection available in the site’s original launch. Key additions include:

• An Orders & Positions widget allowing existing CQG customers to receive trading information on mobile devices.
• Charting and analytics explorations in the areas of footprint-style charts and futures roll visualization.
• Two widgets developed in collaboration with strategic partners: a US Treasury yield curve with custom symbology calculation from API partner Arbsoft LLC and a spread strategy overlay widget from @TheHemi.

“CQG Labs is creating excitement both with our customers and throughout our organization. CQG Labs fosters a strong collaborative environment between CQG’s internal experts and our customers while providing a platform for us to express and deliver the fruits of this collaboration widely and rapidly,” said Marcus Kwan, CQG’s Vice President of Product Strategy and Design. “As we move through the year, customer feedback will inform our efforts to push in innovative directions in the mobile realm.”