Financial Markets Advanced Analytics

Company

[not disclosed]

The Impact

ROBUSTNESS & ACTION

Bringing high volume trading analysis into actionable insights.

The Client

A global financial markets participant (who wants to remain anonymous), trading stocks, futures, and options on all major exchanges. With recognized status on most exchanges, we seek to provide liquidity to the marketplace and assist in enforcing the efficiency of financial information.

The Challenge

Across dozens of exchanges, trading over 100 thousand unique instruments, the company needed to find ways to measure our performance in a scalable and meaningful way. When the marketplace is concerned about nanosecond precision and trades are executed at the rate of hundreds or thousands per second, it is important to seek out easy and efficient ways to make algorithmic improvements and derive positive future results. Storing information is just the beginning – they needed a way to interpret it into actionable items.

The Solution

Since adopting icCube, the company is able to leverage the data aggregation tools to easily display information in a variety of avenues, including most notably their Web Reporting Interface and interfacing with Microsoft Excel. Trading performance could not only be measured but also become actionnable elements.

"We are able to successfully measure metrics that we could not previously even begin to calculate. Now, it is clear how our business is performing at any given moment with the continuous schema load functionality, as well as historically aggregated statistics. icCube has made it clear for us where our focus needs to be and which aspects of our daily trading need attention. The responsiveness from icCube developers has been impressively immediate and always helpful. We are eager to continue to optimize our approach to data interpretation through their innovation."