Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Polymath technologies introduces Optima: next generation visualization software for hedge funds

Wednesday, September 15, 2010
Opalesque Industry Update - 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.

(press release)

Source

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1