Alphacet, Inc.
| Private Company | |
| ISIN | 🆔 |
| Industry | Financial Technology |
| Founded 📆 | 2007 |
| Founder 👔 | |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | www.alphacet.com |
| 📇 Address | |
| 📞 telephone | |
Alphacet, Inc. is a software company in the algorithmic trading space that provides software solutions designed to help quantitative analysts, traders and portfolio managers create consistent alpha, or absolute returns.
Alphacet's software solution Alphacet Discovery is an example of an alpha generation platform. These platforms enable users to develop quantitative financial modeling strategies and are often used by hedge funds[1] as well as commercial banks.
Alpha generation platforms have been receiving increased attention as automated trading continues to grow within many key markets. According to the Aite Group, 30% of all European and U.S. stock trades were driven by automatic programs in 2006, and they predict that by 2010, 50% of all U.S. stock trades will be run by automatic programs.[2] According to research firm Celent, electronic trading continues to fuel growth within the foreign exchange industry as well as it estimates that by 2009-2010, the market could grow from around $3 trillion to $4 trillion of daily turnover, with 50% of the dealer to client volume traded electronically.[3]
History[edit]
Alphacet, Inc. was founded in 2007, building on efforts that began in 2003, based on pioneering work by researchers at the University of California. Through this research, Alphacet developed the only straight through processing (STP) platform in the quantitative electronic trading and algorithmic trading fields. In 2008 it released its first commercial version of its STPplatform, named Discovery.[4] Alphacet is headquartered in Stamford, Connecticut, with development facilities in Petaluma, California.[5]
Products[edit]
Alphacet Discovery
Alphacet Discovery is an alpha generation platform and STP solution for quantitative strategy development and deployment. The solution connects to market data vendors and market database partners,[6] and provides financial modeling tools that allow traders to model, backtest, walk forward and launch quantitative strategies.[7] It also employs machine learning techniques.[8]
Alphacet Discovery recently received top scores in an Aite report titled "The World According to Quants: Enter Alpha Generation Platforms" and was the only solution to receive its highest rating of four stars in quant platform functionality.[9]
It also was named the Best Buy-Side Newcomer of 2009 by Buy-Side Technology.[10]
See also[edit]
References[edit]
- ↑ "Quants Demand More Efficient Alpha Generation Technology Platform," Wall Street & Technology, July 10, 2008
- ↑ "HAL 9000-Style Machines, Kubrick's Fantasy, Outwit Traders," Bloomberg, May 7 2007
- ↑ "Electronic Platforms in Foreign Exchange Trading," Celent, February 2007
- ↑ "Alphacet Readies an STP Solution for Quants," Securities Industry News, March 2008
- ↑ Alphacet About Us
- ↑ "Alphacet Works with BT and Interactive Data to Offer Real-Time, Turn Key Platform for Quantitative Strategy Development," Automated Trader, June 3, 2008
- ↑ Alphacet Discovery Overview
- ↑ "Machine Learning + Regime Switching = Profitability?" Quantitative Trading Blog, May 23, 2008
- ↑ "The World According to Quants: Enter Alpha Generation Platforms," Aite Group, July 2008
- ↑ "Buy-Side Technology Award Winners 2009," Buy-Side Technology, October 2009
External links[edit]
- Alpahcet, Inc.
- "Alphacet to Partner with OneMarketData," Market Data Insight, April 18, 2008
- "Alpha Generation Platforms Essential for Quant-Based Funds," The Trade News, July 10, 2008
- Securities & Hedge Fund Fraud
This article "Alphacet" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
