Polymath Technologies today introduced Optima, a realtime visualization tool designed for hedge funds and private equity firms.
Optima is built for traders, quants and fund managers. It aims to enhance and simplify the analysis workflow by providing an elegant user interface for monitoring profit and loss, order flow, and aggregate statistics -- for an entire fund, specific strategies and individual orders.
"Firms that can't watch strategy performance in realtime are flying blind," said lead developer Jonathan Apple. "But many hedge funds try to re-invent the wheel by building their own visualization tools. A programmer maintaining custom tools isn't making you money. We believe the firms that use Optima will have a definite edge over those that don't."
Optima can eliminate the time-consuming steps often required to navigate data and visualize trends. Users can track strategy performance in realtime or view data from previous trading days -- all with a click of the mouse. Data charting is fully integrated: users press a single button to instantly create both realtime and historical curves from numerical tables. The built-in, customizable search tool helps to simplify finding top-performing or problematic strategies.
For intraday charting and analysis, quants and strategists often rely on complex database queries and manually updated spreadsheets, or on internally developed tools that are limited in functionality and performance. Optima was designed to make this quick-look research and analysis performed throughout the trading day as painless and streamlined as possible.