Software designed for increasing data visibility.
Technology vendor Delta One Data has announced the release of SOLA, its platform for exchange-traded funds (ETFs) and index data.
SOLA stores historical data and updates data points in real-time, according to parameters set by the trader. Designed specifically for delta one desks, the data can be used across the entire trade cycle.
"Delta one trading is a highly complex area," says Bernie Thurston, head of Delta One Data. "That complexity, combined with the levels of growth of this market, means most current systems will struggle. SOLA creates one standard model for data which can be fed into real-time engines, risk or order management systems - all leading to more accurate risk modelling and better hedging. This provides the ability for desks to benefit from one of the fastest growing businesses for the world's largest banks."
A subsidiary of Netik, Delta One Data caters for issuers, authorized traders such as financial institutions, and others. Order flow in the exchange-traded product market was estimated at around $152 billion in 2011 by Blackrock.
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails