Opturo taps Panopticon development kit for compositing software

Source: Panopticon Software

Panopticon Software, the leading provider of Treemap and Heatmap data visualization software, today announced that Opturo Solutions On Demand, one of its OEM Partners, has introduced a major new product built using the Panopticon Developer SDK.

The system utilizes a variety of data visualizations, including Treemaps, Heatmaps and Scatter Plots, to allow hedge funds and related financial services firms to build, manage and report composites in compliance with Global Investment Performance Standards (GIPS).

GIPS are universal, voluntary standards used by investment managers for quantifying and presenting investment performance that ensure fair representation, full disclosure and apples-to-apples comparisons. GIPS are administered globally by the CFA Centre for Financial Market Integrity, the thought-leadership and policy-setting arm of CFA Institute.

Opturo Composite Consultant leverages the Data Analysis Scrubbing Transformation & Loading (DASTRL) infrastructure to offer the most comprehensive, flexible and cost effective compositing solution on the market. The product is designed to support the needs of any firm, including small and medium-sized funds as well as global giants. The product leverages unique data visualization technology from Panopticon Software to allow fund managers to view compositing and validation rule results in Treemaps, Heatmaps and Scatter Plot data visualizations at any point in the trading process.

Opturo is a Panopticon OEM Partner and utilizes the Panopticon Developer Software Development Kit (SDK) as a critical tool in the creation of its products. Kenneth D'Silva, President of Opturo Solutions On DemandTM, said, "Composite Consultant is the world's first plug-and-play comprehensive compositing software product. The software reads account data and scrubs, validates and analyzes data on the fly. Panopticon's data visualization technology provides our users with fantastic visibility into their operations, with amazing monitoring and fast analysis capabilities available with a mouse click. There is simply nothing as advanced as Panopticon when it comes to dealing with large, constantly changing datasets."

Willem DeGeer, CEO of Panopticon, stated, "Composite Consultant is an excellent example of what's possible when you combine our Developer SDK with an in depth knowledge of user requirements. The Opturo team has many years of experience in financial services and they were able to build this new product very quickly due to the flexibility and usability of our SDK. They used the latest version of Panopticon Developer Java SDK, which, along with the .NET version of the SDK, is now in its 5th generation."

Comments: (0)