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This article appeared in:
Wilmott Magazine, March 2005
View PDF versionTaran opts for TimeScape
Taran Global Futures Fund, launched on the 18th November 2004, has selected Xenomorph’s TimeScape‚ solution to support its trading activities.
The fund required a solution to allow data to be captured from various sources, passed to a calculation engine and calculated data stored back to a database. TimeScape was selected for its high-performance data integration, retrieval and manipulation capabilities that enable vast quantities of data to be managed and analysed with sub-second response times, allowing faster trade opportunity analysis and “on the fly” calculations.
TimeScape will give TGFF the ability to capture, store and retrieve both end of day and intra-day data from multiple sources. It will also provide the additional flexibility of making data available to TGFF staff across Europe via the Internet.
Greg Johnson, Sales Director, Xenomorph, remarks “We are delighted to be selected as a technology partner to the Taran Global Futures Fund in this unique and exciting venture. This project demonstrates TimeScape’s unrivalled versatility, offering solutions to both start up hedge funds and global investment banks alike.”
The strategy of the Fund is to maximise capital growth through investment in futures and derivatives across global financial markets. This new fund will be trading signals, which are generated from a series of mathematical algorithms, developed by Dr. V. Tikhonov, Professor of Radioelectronics at Kharkov National University.
“We were very impressed with Xenomorph’s thorough understanding of our business requirements. TimeScape’s robust, flexible and high-performance data capabilities made it the obvious choice for us.” says Stephen Wilson, Manager of the Taran Global Futures Fund. “The added benefit of web deployment means that we can operate as a virtual business, with no impact on response times or processing power.”
The Fund will invest in four asset classes: equity indices, debt (bond and interest rates), currencies and commodities. TimeScape currently supports and is pre-configured with over 150 different flavours of financial asset, from the simplest equity or bond to the most complex convertible or derivative structure.
© 2005 Wilmott Magazine, March 2005