Our goal is to provide the technology that has been traditionally kept opaque by large investment houses who hire full time quantitative analysts to drive their proprietary trading algorithms.
Atlanta, GA (PRWEB) January 24, 2013
Lucena Research, a provider of investment decision support technology, announced today that it will be providing its QuantDesk software to all contestants of the upcoming Battle-Fin 3.0 Tournament which commences on February 1. Battle-Fin is a Miami-based company that uses cutting edge real-time, real-capital tournaments to democratically identify tomorrow's best trading strategies across asset classes. Over 3,000 computational financiers expressed interest in Tournament 3, with 20 being chosen to compete in three categories; Launch (new managers), Professional (emerging managers) and Elite (established managers). Battle-Fin will announce winners of each category plus one “Wild Card” pick on March 29.
A pioneer in machine learning quantitative analysis, Lucena Research provides an innovative approach to portfolio optimization and hedging techniques. Derived from statistical forecasting, QuantDesk adapts more than 120 fundamental, technical, and proprietary time series data types. QuantDesk is capable of constructing self-adjusted predictive models geared to scientifically validate and support clients’ investment strategies and goals. Using Lucena’s pattern matching algorithms, investment professionals can exploit market opportunities and reduce risk in their portfolio.
“Lucena is pleased to make QuantDesk available to Battle-Fin contestants,” commented CEO Erez Katz. “QuantDesk provides the scientific boost, any fund manager can use regardless of how unique their trading strategy is. Our goal is to provide the technology that has been traditionally kept opaque by large investment houses who hire full time quantitative analysts to drive their proprietary trading algorithms. We now enable the contestants with an easy to use technology and the scientific competency to validate and adjust their trading strategies by leveraging three of our products:
Price Forecaster – Pattern recognition trend and price prediction.
Portfolio Optimizer – Asset allocation recommendation.
Hedge Finder – Reduce volatility with a unique pattern recognition approach for hedging.
“Lucena’s QuantDesk gives the participants of Battle-Fin’s third tournament access to software that previously would have only been available to top hedge funds”, said Tim Harrington, President of Battle-Fin. “Emerging managers now have a level playing field thanks to Lucena.”
About Lucena Research:
Lucena Research is a leader in decision support technology for investment professionals including hedge funds and wealth advisors. Lucena delivers quantitative analysis and Statistical Machine Learning solutions that enable our customers to exploit market opportunities and to reduce risk in their portfolios.
QuantDesk, Lucena’s flagship product, provides advanced, yet affordable, subscription-based portfolio optimization tools designed to scientifically validate and augment our clients' investment strategies. The product includes five portfolio management modules - Price Forecaster, Portfolio Optimizer, Hedge Finder, Event Analyzer and Back Tester. Lucena also provides quantitative analysis consulting services to integrate proprietary Machine Learning investment algorithms with our clients' existing workflows. Headquartered in Atlanta GA, Lucena supports a wide range of investment professionals worldwide. To learn more about Lucena, please visit http://www.lucenaresearch.com or email us at: [email protected]
Battle-Fin is a Miami-based company that uses cutting edge real-time, real-capital tournaments to democratically identify tomorrow's best trading strategies across asset classes. The idea is to harness the power of the internet and crowd sourcing through a tournament structure to identify trading strategies. Battle-Fin seeks to find the best and brightest candidates to introduce to our capital partners. We have the ability and resources to take strategies from just an idea to fully a built out hedge fund with legal, compliance, risk management and capital partners. By leveraging our relationships we hope to help incubate a select group of strategies. For more information on how to register for upcoming tournaments, please visit http://www.battle-fin.com or email [email protected]