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Press release: for immediate release
Terabytes land on Xenomorph!
London, England, June 2006
Xenomorph has today announced the latest release of its TimeScape data and decision management system, Version 2.2, is now capable of providing the highest performance analysis of billions of price records stored in terabytes of historical financial markets data.
Market demand resulting from program trading, statistical arbitrage, risk and regulatory requirements have driven this enhancement to TimeScape’s XDB database technology, as both new opportunities and new risks are now being identified in high volume intra-day data.
Greg Johnson, Chief Executive Officer, Xenomorph, said “Financial market professionals are now needing to analyse vast amounts of market data and have found that mainstream database technology is not a viable solution, and amongst the specialist vendors there has previously been a tendency to offer separate solutions for tick data, time series data, static-data and real-time analysis. TimeScape is bringing all of these aspects together within an enterprise scale system that delivers immediate end-user value to traders, quants, risk managers and IT staff.”
Chris Budgen, Chief Technical Architect, Xenomorph, added “The latest version of TimeScape XDB has been optimised for the storage of vast quantities of financial markets data and we are excited to be delivering this technology to market at such an appropriate time. Our experience and expertise in time-series technology has provided a solid foundation for this development, and we look forward to announcing further innovations in this area very shortly.”
About Xenomorph
Xenomorph delivers high performance data and decision management solutions for the capture, cleansing, control
and analysis of high volume real-time, historical and derived data across all asset classes.
Xenomorph’s clients include global investment banks, major asset management companies and hedge funds across
the world's main financial centres, where they are used by traders, fund managers, quantitative analysts, risk
managers, IT and back-office staff. Established in 1995, Xenomorph is a privately held firm with offices in London and New York.
For more information on Xenomorph, our clients, services and solutions, please see www.xenomorph.com.
Xenomorph® and TimeScape™ are registered trademarks of Xenomorph Software Limited. Other product and company names herein may be trademarks of their respective owners.