Cambridge, UK (April 2020) – AlgoDynamix, leading financial risk forecasting analytics provider has been included in WealthTech100 for 2020, a list that recognises 100 pioneering companies that are transforming the global investment and banking industry.
What sets AlgoDynamix analytics apart from other solutions, is its use of real-time transactional data. Using advanced mathematical analysis, the algorithm clusters the dynamic behaviour of market participants (i.e. buyers and sellers) to identify market anomalies. While these anomalies are not apparent to us, AlgoDynamix’s deep-data insight is able to uncover and capture the incidents bubbling underneath.
Where most models have failed, the AlgoDynamix engine has worked extremely well in forecasting market risk during ‘never before seen events’ we have experienced of late. From unexpected election results to a global pandemic, its dynamic nature has made AlgoDynamix’s technology truly exceptional.
AlgoDynamix’s CEO, Dr Jeremy Sosabowski said: “This is great news for the entire team. Our unique forecasting analytics capabilities is once again being recognised as leaders in our field. With the COVID-19 situation, the analytics is even more relevant now where clarity and predictability in the market is much sought after. Our recent growth via upgrade requests and new clients onboarding, across both buy side and sell side, goes on to show how our product is vital in providing the crucial competitive edge during uncertain times like these.”
For further details on WealthTech100, please visit: www.WealthTech100.com.