Press release: for immediate release
Cassovia rolls out complete data process with Xenomorph
Xenomorph TimeScape streamlines and enhances Cassovia’s data management and analysis
New York, 10th August 2010
Cassovia, the NJ based proprietary trading firm focusing on fundamental investment in equities, has implemented Xenomorph TimeScape analytics and data management system to solve its data issues. Cassovia needed an extensible, high performance and automated solution to manage, aggregate and analyse company fundamentals, end of day prices and CDS data, which resided in a number of spreadsheets.
Xenomorph’s TimeScape platform offered Cassovia the ability to efficiently store and retrieve its data and to import data in many different formats in addition to hundreds of out-of-the-box financial analytics functions.
TimeScape’s Spreadsheet Inside (SSI) technology enables Cassovia to run time series calculations, implement back testing strategies and build complex trading models within a centralized and flexible system, increasing the transparency and consistency of data and calculations and quickly and reliably informing Cassovia’s trading decisions.
Frantisek Kovac, Principal at Cassovia, said: “Having experienced Xenomorph TimeScape at a major global investment bank, I knew the product was impressive and could easily handle multiple asset classes and time series analysis.”
Naj Alavi, Managing Director at Xenomorph Inc, commented: “TimeScape has given Cassovia a fast and robust platform on which to build its business and to expand into new markets and asset classes without the need to invest in a host of technologies.”
Notes to editors
About Cassovia
Cassovia is a trading firm focused on fundamental investment in equities that incorporates technical analysis into its trading decisions.
About Xenomorph
Xenomorph delivers analytics and data management (ADM) solutions to the financial markets. Our TimeScape technology enables our clients to manage and analyse more data with greater control and transparency. Through unified and transparent access to data and data analysis, our clients achieve even higher levels of financial innovation, business process efficiency and regulatory compliance.
Trading, research, risk, product control, IT and back-office staff use Xenomorph’s TimeScape cross-asset data management platform at investment banks, hedge funds and asset management institutions across the world’s main financial centres. Established in 1995, Xenomorph has 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.
For sales enquiries please call: +44 20 7614 8600 |
For further press information and photography please contact:Sara Verri |