Source: OTAS Technologies
OTAS Technologies, the leading provider of market data analytics, today announced that it has been acquired by a private investment group.
The transaction makes OTAS Technologies fully independent and provides funding to accelerate growth and global expansion of its equity market analytics product line. Details of the transaction remain private.
Since its founding in 2011, OTAS has partnered with large buy and sell-side institutions to deliver a revolutionary user-experience that combines advanced artificial intelligence with domain-specific insight and ease-of-use. Products have expanded beyond OTAS Core market sentiment analytics to include OTAS TradeShaper microstructure and live alerting, OTAS InTrade live TCA, OTAS Lingo natural language reports, and OTAS Base, an API for developers.
“It’s an exciting time for the industry and for OTAS. Users need and demand better information, not just more data. Existing platforms need to deliver these analytics, and are opening up to collaboration, making it easier than ever for us to expand and deliver content to our users. The OTAS Base API and app modules make integration with existing applications quick and cheap. Real time big data quant analytics requires specialist expertise and extensive collaboration with thought leaders, and we’ve been very fortunate to have had support of great clients from the start.” said Tom Doris, OTAS Technologies CEO.
For more information visit www.tryotas.com
Contributed | what does this mean?