Partnering with Lucena Research, a leader in machine learning analysis, is another exciting next step..
Atlanta, Georgia (PRWEB) November 17, 2014
Stronger predictive models will soon be available to hedge fund managers and investors as the result of a new operating agreement between Lucena Research and AirSage®. Lucena Research—a leader in investment decision support technology, and AirSage—the largest provider of consumer travel trends and anonymous population-movement intelligence in the U.S., are using mobility data to pioneer the next big advancement in the hedge fund management industry.
The partnership, debuting Tuesday in London at Battle of the Quants—an international conference focusing exclusively on the growing quantitative hedge fund community—delivers a new dimension in hedge fund data analytics by integrating location based cellular activity patterns into Lucena’s QuantDesk® product suite.
QuantDesk® incorporates a scientific approach to investment decision by utilizing big data analytics and statistical forecasting. Specifically, Lucena employs event-based forecasting on historical studies of various time-series-data types.
“Incorporating cellular activity levels by location enables our subscribers to utilize yet another highly predictive data source from which they can explore the major value drivers of share price movements. They do so based on an empirical valuation model,” said Tucker Balch, Lucena’s Co-Founder and Chief Technology Officer.
The partnership allows clients of QuantDesk® to incorporate AirSage data with over 350 other indicators which are captured from technical, fundamental and proprietary data as well as social, sentiment and news feeds.
Lucena’s integration of AirSage’s unique location, movement and traffic data into the QuantDesk® decision support technology is driven by an ongoing commitment to work with key third party and proprietary data providers. “We strongly believe that our customers will enjoy the highest predictive value from this powerful combination of meaningful data and dynamic technology needed to effectively analyze it,” Balch continues.”
AirSage is launching a pilot program for hedge funds. The exclusive pilot is limited to a select number of firms and will close within the next several months. More information on how to participate in the pilot is available here: http://www2.airsage.com/hedgepilot.
“We continue to push the boundaries and expand on how our data and technology can be used,” said Cy Smith, Founder and CEO of AirSage. “By leveraging a broad base of transferable knowledge about what population analytics can reveal, we have expanded the industries we serve to now include hedge funds. Partnering with Lucena Research, a leader in machine learning analysis, is another exciting next step in advancing how AirSage data is used.”
QuantDesk® enables hedge funds, portfolio managers and other investment professionals to leverage scientifically based research for their investment strategies. The open nature of the platform along with its user-friendly interface enables users to easily and affordably validate, refine, and deploy their trading strategy. QuantDesk® utilizes machine learning – which means its models are self-adjusted based on the data presented. QuantDesk® also employs advanced pattern recognition technology for Hedging and Portfolio Optimization.
About Lucena Research
Lucena Research is a leader in decision support technology for investment professionals Lucena delivers quantitative analysis and statistical forecasting based on machine learning technology that enable our customers to exploit market opportunities with precision and 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 investment strategies in the form of model portfolio from which customers can derive their own implementation.
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: info(at)lucenaresearch(dot)com
AirSage®, a world leader in analyzing wireless signaling data, has teamed up with two major nationwide wireless carriers to turn integrated cellular activity into meaningful local, regional and national data. The most accurate and up-to-the-minute population and location patterns, with robust historical data, means that when you need to reach people, help them or build for them, you have a map to follow. For more information, please visit http://www.airsage.com.