Alternative asset management firm Malbec Partners has chosen Gissing Software’s technology as the core infrastructure for its alternative investment platform. The system went live on 1 November 2007.
Malbec’s new investment platform has implemented Gissing RealtimeXL in conjunction with the firm’s Gissing ConteX MCS multi-vendor contribution system. Gissing says its RealtimeXL product allows Malbec to combine internal pricing data with real time market data, helping it to develop trading strategies and prototype new algorithms. This derived data is then instantly shared, using Gissing ConteX MCS, amongst multiple users including quantitative analysts and traders.
Once proven, the algorithms are converted into Java applications, using the Gissing TCP API. In addition, Gissing ConteX MCS also provides integration to the Bloomberg Trading System to feed real-time positions data directly into the traders spreadsheets. Gissing claims this closes the market data loop, enabling accurate position management at all times.
“Gissing was critical to the successful launch of our platform, and we have been very impressed with the stability and ease-of-use of ConteX and RealtimeXL,” says Bassim Al-Khafaji, chief information officer of Malbec Partners.