INSART and Alphalab to deliver joint big data service offering to brokerages, hedge funds and prop trading firms

INSART, a leading Eastern-European custom software development vendor, and Alpha Lab, a NY-based boutique Alpha Generation, Data Science and Analytics provider, have announced today the release of a highly innovative, joint Big Data service offering. The service is centered around Alpha Generation, Liquidity and Customer Analytics platform designed by AlphaLab, and geared toward the needs of trading community looking to apply the latest advances in BigData technology to increase its competitiveness. The innovative service offering will allow forex brokerages to increase their profit margins and volumes by enabling them to profile their liquidity providers and customers a great deal more precisely. Hedge funds, will be able to efficiently process large amounts of data and use AlphaLab’s platform to find untapped sources of Alpha and better manage its Risk. The new service will be delivered by a hand-picked team of Data Scientists, Algorithm Developers, and Software Engineers with extensive expertise in the different aspects of Finance, Trading, and Risk.

“The service is bridging a market gap”,

– says AlphaLab’s CEO Boris Litvin

-“the industry just barely scratched the surface of what’s possible, teaming up with a time-proven partner such as INSART will make this new offering all the more appealing due to their premium quality, experience in Risk and Trading, and benefits from their offshore location”.

“It’s a great opportunity for us to use our previous experience and expertise in FX and Risk and, also, a major step in building a full-value Big Data practice that we’ve been wanting to build based on our previous not so numerous projects in this area.”–

says INSART’s CEO Vasiliy Soloshchuk.

“For many a year we’ve had great rapport with AlphaLab’s founders and Management, and I believe that this will ensure the success of our joint undertaking”

. About AlphaLab AlphaLab is a Data Science and Analytics solution provider for Financial Services industry. The company has a track record helping Brokerages, Hedge Funds and Prop Trading firms to derive business value from massive amounts of data they accumulate. About INSART INSART is a full-cycle Eastern-European custom software development firm focusing on the delivery of various Java-based solutions to an international clientele in an array of verticals and business domains, including Financial Services, Enterprise Software, Telecom, and more. The company has helped more than a score of U.S., Western-European, Israeli and other technology companies implement their projects. INSART’s portfolio includes a number of projects for the Financial Services sector, and, in particular, several payment and payment-processing systems, and an advanced derivative trading platform. Source: INSART