Quant Insights, Symphony, Partner for Macro Analytics

Analytics Provider Quant Insight has partnered with Symphony to offer macro-based insights via a trade Bot, Retina (real time notifications and alerts) that will sit on the Symphony platform.

Real- time push notification will be tailored to each user based on profile and interests. Users can also ping Retina to request updated charts for any security or market supported. A tracking feature will be released in the coming weeks, QI says, which will allow users to track securities and markets of interest in real time and be notified in case of significant shifts. Users will be alerted to macro-based valuation anomalies, shifts in key macro drivers and changes in underlying trends covering 6,000 market instruments including indices, sectors, stocks, FX, rates, futures, commodities, and cryptocurrencies.

Updates from the trade Bot will be relevant, timely and sparse, QI says, ensuring users are only updated on significant shifts – typically between two and five notifications a day.

The cloud-based financial market brain behind Qi uses machine learning technology and data inputs including GDP Nowcasts and has been developed in collaboration with Professor Mike Hobson of Cambridge University and Professor Ryan Prescott Adams of Princeton University, both of whom focus on machine learning.

QI says the new service, which reduces millions of publicly available data points into two to five essential daily insights and is already being used by some of the world’s best known investment banks, hedge funds and asset managers, including Alan Howard of Brevan Howard. The development team includes former portfolio managers from Brevan Howard, Millennium, BlueCrest, Credit Suisse, Morgan Stanley, Fidelity, and others.

“The global financial and markets community is already on Symphony, which makes it the perfect platform for the Quant Insights’ Retina Bot,” says Umesh Patel, global head of strategic alliances and partnerships at Symphony. “In a world of permanent overload of information, professionals truly value technology and developments that will allow them to be effective and efficient, the right information when they need it as they conduct business. Retina does just that. It will be of great value to the buy-side community.”

Mahmood Nourani, co-founder and CEO for Quant Insight, adds, “At Quant Insight, we understand that asset managers are inundated by torrents of information, including news headlines, emails, messages and tweets. Turning this information into actionable knowledge is a major problem. By using scientific and industry proven quant insight tools, Retina converts information to knowledge in real time and increases transparency to help investors make sound investments and formulate accurate trading strategies.

“Our growing client base of institutional investors and world-renowned hedge funds and asset managers have been universally positive, and this new partnership with Symphony presents a unique opportunity for its platform users to gain cutting-edge insights into the macro-drivers impacting the securities that are of interest to them,” he adds.