Monday, November 4, 2013 at 9:25AM
Deltix won the category “Best Buy-Side Algorithmic/DMA Product or Service” in the Buy-Side Technology 2013 Awards, announced at a dinner in London on November 1. The aim of the Buy-Side Technology Awards, now in their 7th year, is to recognize the leading technologies and vendors in their area of expertise. Sebastian Kent, Deltix General Manager for EMEA and Asia Pacific accepted the award on behalf of Deltix, said: “We are delighted to have won this award. We will continue to work with clients to help them meet the demands of this challenging area of the business.”
The Deltix Product Suite provides institutional clients with the ability to develop, back-test and optimize quantitative trading strategies on the same platform on which they are executed. This enables quantitative traders to bring to market profitable trading strategies, whilst minimizing deployment risk.
“We are delighted and honored to win this award.” said Ilya Gorelik, CEO and Founder of Deltix. “We maintain massive investment in Research and Development for our quantitative, DMA and algorithmic products and it is very rewarding to win this award in recognition of this investment.”