Truviso Announces the Availability of Algorithmic Trading Solution

Originally published October 31, 2007

Truviso recently announced the availability of its Algorithmic Trading Solution, the first to combine SQL-based continuous event processing, real-time as well as historical data analysis, and zero-latency algorithmic decisioning on a single platform. With the Truviso Algorithmic Trading Solution, buy- and sell-side traders can now develop, test, execute and evaluate proprietary trading strategies in one algorithmic framework.

Truviso’s unique architecture combines a high-power event processing engine, which continuously executes hundreds of concurrent standard SQL queries against multiple, live market data feeds, with an integrated historical data repository, which enables data analysis, trend detection, back-testing and other functions. Full SQL queries over market streams and tables provide securities and trading firms with a wider range of analysis capabilities than are available in first-generation CEP solutions. The Truviso platform also runs real-time queries that include models and algorithms created using third-party statistical tools and development languages.

“Using Truviso, we can analyze historical market data to discover trends and signals, and then immediately implement that same analysis against real-time data feeds,” said Kelly Adams, head of technology and development at FX Concepts. “We’re executing with less price slippage, and we’re able to continuously monitor our performance to improve our trading models.”

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.