CAMBRIDGE, U.K. - April 28, 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.
The WealthTech100 list of companies were chosen by a panel of analysts and industry experts who reviewed over 1200 companies produced by FinTech Global, a data and research firm.
This is the second time running that AlgoDynamix has made the annual list. The accolade stems from their cutting-edge analytic engine that gives early warning of directional price movements in the financial market before they actually happen. It was developed after many years of academic research at the University of Cambridge, United Kingdom.
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."
To share some of the insights obtained from their analytics, AlgoDynamix will be hosting a free webinar on 6th and 7th May, 2020. For more details on the webinar and to register, please click HERE.
For further details on WealthTech100, please visit: www.WealthTech100.com
About AlgoDynamix: AlgoDynamix risk analytics provide hours or days advance warning of major directional market movements. Unlike other solutions, the underlying technology does not require any historical data or knowledge of any previous disruptive events. Our products are used by investment banks and asset managers including CTAs, hedge funds, family offices and other managed funds. The company is backed by institutional investors including Amadeus Capital Partners and was nominated as one of the UK's most disruptive technology companies.
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