Vhayu Technologies, a provider of enterprise tick data solutions, has partnered with Alphacet, a software provider, to create an integrated tick database and alpha generation solution.
The new offering combines the Vhayu Velocity tick data management tool and the Alphacet Explorer back-testing engine. The firms claim the solution will help users more rapidly develop alpha trading strategies by enabling quants to create, backtest and analyse complex multi-layer models in hours to days instead of weeks to months.
The solution is available exclusively through Vhayu, and is designed for use across asset classes and instrument types. It provides data normalisation and mapping layers that eliminate the need for resource-intensive development and ongoing support.
“To successfully capture alpha in today’s marketplace, firms must be able to collect, normalise and store massive amounts of real-time and historical data in a high performance tick database like Velocity,” said Jeff Hudson, chief executive officer, Vhayu, in a statement. “We are pleased to join forces with Alphacet and together address the market need to integrate alpha generation technology platforms with data sources and databases for rapid data capture, transformation and storage for analysis.”
Peter Sibirzeff, chief executive officer, Alphacet, added, “Vhayu was a natural partner for Alphacet, and our complete data management solution for quant research will enable customers to achieve faster turnaround in the alpha generation process.”