Deltix, Inc., a leading provider of software and services for the development and deployment of advanced alpha generation and execution strategies announced that FiTek Research & Systems (“Fitek”) has started intensive research on trading signal generation using Deltix’s QuantOffice and QuantServer solution, deployed in the Equinix NY4 data centre.
Fitek, an investment advisor with institutional clients throughout Europe, is delighted to join Deltix in announcing the deployment of Deltix’s research and automated trading platform within Fitek’s institutional operations.
Fitek is utilizing innovative technologies, such as machine learning processes (MLP) and support vector machines (SVM), to develop the highest quality models for trading signal generation. Fitek will provide its clients with trading and investment recommendations based on the results of its market research and the development of trading signal models. In addition, Fitek will provide comprehensive and reliable processes coupled with a top-tier platform, Deltix QuantServer, to execute the results of its research and development.
“Deltix appealed to us as the obvious and ultimate global solution to enable us to integrate the innovative technologies we plan to deploy in the medium term. Their QuantOffice and QuantServer solution will enable us to offer our clients a comprehensive global solution to deploy the models that they want as part of their investment management scheme,” said David Nicholas, Partner and Head of Quant Development at Fitek.
“We have been using Deltix QuantOffice for research and back-testing for several months and we are very pleased now to be developing models and algorithms that produce highly reliable and profitable trading signals. It was important for us and our clients that we utilize institutional grade products and services. Furthermore, the fact that Deltix can be deployed with many large institutional brokers and also smaller ones such as Interactive Brokers, allows us to address the needs of a large variety of clients. We are pleased that the Deltix support team is so client oriented and dedicated to work though our requirements,” said Sylvain Leroy, Founder and Director of Fitek. “Interactive Brokers is designed for mid-market institutional clients with a need for access to high quality execution in many diverse markets and asset classes. Our solution in partnership with Deltix has been built to facilitate simple an efficient roll-out of new strategies, markets and asset classes, and we are very pleased to have this opportunity to work with Deltix,” said Sylvain, adding that one of his clients, a Luxembourg based Investment Fund, “Is pleased to be using Interactive Brokers”. He added “That was a fantastic chance for my client to integrate our trading recommendations through his global investment management scheme.”
Ilya Gorelik, CEO and Founder of Deltix said. “Successful managers using automated trading not only have good processes for researching and testing new trading strategies, but also top quality data feeds, software, infrastructure and support so that these strategies achieve their full potential”.