Vhayu Technologies, the leading provider of enterprise tick data solutions, today announced that it has partnered with Alphacet, 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."