AlgoDynamix today announced acquisition of a major Silicon Valley customer under a Global production SaaS license. London and Cambridge based AlgoDynamix is an innovative risk analytics company that detects disruptive events in global financial markets and anticipates price movements hours or days in advance of the event. The software is used by investment banks and asset managers including hedge funds and family offices.
The risk analytics are available via numerous distribution channels including API, email alerts and now via ALDX-RAP™ which is a comprehensive interface that includes, portfolio monitoring, resources/education section and API connectivity.
Dr Jeremy Sosabowski, PhD, CEO of AlgoDynamix said:
“Our knowledgeable customer had originally attended one of our popular workshops which comes with a 7 day software licence included in the price. Having then fully evaluated the software and its capabilities they decided to go ahead with purchasing a full production license. The results our trial customers had over the 7 days of using the software clearly demonstrated the added value of the ALDX-RAP™ platform.”
The AlgoDynamix ALDX-RAP™ platform is available as a SaaS license and prices start at $3K per month depending on the number of instruments and financial exchanges.
The simplest way to receive alerts from the AlgoDynamix ALDX-RAP™ platform is to subscribe to the “push” email service. This “push’ email will send you an alert 1-2 days before a market anomaly occurs. For full technical integration and better product performance a RESTful API interface is available which can be accessed easily using simple JSON scripts.
Who is the big Silicon Valley customer? Stay tuned to LeapRate for follow up to this story.