Thursday, May 23, 2013 at 8:46AM
RavenPack, the premier provider of real-time financial news analysis services, and Deltix, Inc., a leading provider of software for the development and deployment of advanced quantitative alpha generation and execution strategies, announced a partnership to make RavenPack’s Regional Macro Sentiment Indexes available in the Deltix Cloud Services (DCS) platform.
The partnership means that quantitative financial firms interested in using news analytics to enhance alpha generation can conduct their research and backtesting, without the overhead of data aggregation and integration, in Deltix’s award-winning research software QuantOffice. DCS also contains a library of pre-built algorithms that users can backtest and enhance.
“We are delighted to partner with Deltix in pursuit of our goal to make news analytics available to a broader audience in the financial markets,” said Armando Gonzalez, RavenPack’s Chief Executive. “With our own quantitative research we have scratched the surface of what can be done with news analytics data. We are sure the Deltix community can take our sample models and enhance them to extract more value from our data.”
“As an ongoing exercise at Deltix, we seek out new sources of data, raw or derived, which may be useful in quantitative research and trading,” said Ilya Gorelik, Deltix Founder & CEO. “RavenPack is such a source. We believe our clients can develop profitable strategies by enhancing their models with news analytics.”