Heckyl opens for business in London

Mumbai and London - 19 May 2014

Heckyl Technologies (Heckyl) the leading provider of news and data analytics solutions is pleased to announce the opening of its UK office and hiring of Head of Sales, Gustav Pegers.

Heckyl has developed its own Big Data Sentiment Analytics Platform, HSAP (Heckyl Sentiment Analytic Platform), which is a three-step process:

  • Discovery: This is the key focus of the Heckyl platform. Its big data engine mines Public, Private and Proprietary data sources to analyse, connect and discover the most relevant news, events and correlations.
  • Transformation: As the information and key events are identified, information is converted into structured data, to be analysed and to find actionable insights.
  • Sentiment Platform: Structured data along with number of other data points (Market Dynamics, Global Macro Trends, Domestic Economic Trends, history of past events, investor momentum, Funds flows, Currency and Commodity correlation indexes, future events) are analysed in real time and sentiment value is attached to news, events and asset classes. These values are updated in real-time, as the system continues to learn and develop.

Based at Level39, the leading incubator space at One Canada Square, Heckyl is now rolling out its News and Analytics platform in the UK and Europe. Heckyl’s first product, FIND, is already integrated into 20 Brokers in India and used by over 800,000 investors. With more than fourteen years experience in the Financial Technology space, Gustav Pegers joins having spent the last seven years at Web Financial Group, working closely with leading Brokers in the UK.

“I am delighted to have joined Heckyl at this very exciting time”, said Gustav, “everyone is talking about Big Data, but Heckyl really understand it and how to harness and visualise it to help inform traders, of all levels. I am looking forward to taking the Heckyl platform to market in the institutional and retail space.”

Commenting on the launch, Som Sagar, Co-founder and COO of Heckyl said, "We are delighted to be expanding our footprint to London, one of the key financial markets in the world. Following a successful period of growth in India and our recent second round of funding, we feel this is a perfect time to expand into the UK and European market. We are delighted to welcome Gustav on-board and look forward to growing our team in London and replicating our success in this exciting market. "

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