SOURCE: Vertex


June 25, 2012 08:15 ET

Vertex Analytics Launches ECHO, the First Hosted Solution for Historical, Real-Time and CEP-Powered Futures Market Data and Analytics

CHICAGO, IL--(Marketwire - Jun 25, 2012) -  Vertex Analytics today introduced ECHO™, the first high-performance hosted market data solution for historical, real-time and CEP-powered futures market data and analytics.

ECHO, also available via client-site installation, can be up and running in hours and requires little programming experience, no costly consultants for implementation, no expensive new hardware and no dedicated staff.

As a hosted solution, ECHO is a completely new approach for futures and futures options data and analytics, and is designed to meet the needs of trading firms of all sizes. With an open architecture, rapid deployment, sub-millisecond processing and cost-effective licensing, ECHO offers greater power, more flexibility and a lower cost structure than any other futures market data and analytics vendor.

Vertex Analytics was co-founded by CEO James Austin and CTO Sorel Aharoni, both of whom were on the original development team that built Quantitative Analytics, now part of Thomson Reuters.

"Too many futures trading firms are focused on coping with data when they should be taking advantage of data," said Austin. "The focus on coping has been understandable as the investment in software, hardware and staff is incredibly daunting. Our approach with the ECHO hosted solution is to give trading firms the power and performance they need but with a vastly simpler interface and a much lower cost. With ECHO, trading firms are able to maximize their talent, innovation and capital."

Complex event processing technology is the foundation of Vertex's ECHO, so futures trading firms no longer need to rely on a patched together, retrofitted system of disparate elements, which are often costly, time-consuming and ineffective. ECHO makes it fast and simple to build, test and run trading models that leverage both historical and real-time data, and to continually refine those models over time.

About Vertex Analytics

Vertex Analytics is a provider of next-generation futures data management and analytics for the futures industry. Vertex's flagship offering, ECHO, provides historical, real-time data, and CEP-powered futures market data and analytics through a hosted or client-site installation.

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