Horton Point Selects Deltix QuantOffice™ Product Suite

Monday, November 24, 2008 at 8:49PM

Deltix, Inc. today announced that Horton Point Capital Management LLC, a multi-strategy quantitative fund, has chosen Deltix QuantOffice™ product suite for the development and deployment of advanced quantitative strategies. Horton Point required a solution that would accelerate the development and production deployment of new multi-asset class investment strategies.

Deltix offers a one-stop software platform for quantitative traders and portfolio managers to create, test and deploy in production alpha generation and execution strategies, integrating seamlessly with data feeds, best-in-class components and order management systems.

“We needed a flexible software system for the development, backtesting, optimization and production deployment of advanced high frequency trading strategies working with multiple asset classes and various data periodicities.” said Mr. Sogoloff, President and CEO of Horton Point. “While Deltix software has an impressive set of capabilities, it was critical for us to be able to add our own proprietary extensions and accelerate our process of development and deployment of quant strategies. They have met our challenges and I am very pleased with the results.”

“We are extremely excited to be working with Horton Point on implementing our technology offering and extending its capabilities.” said Ilya Gorelik, President and CEO of Deltix. “We look forward to working with their portfolio managers on enabling their cutting edge