The Wakett Framework has been built specifically to help Systematic and Discretionary Investment Managers of SMEs in their financial processes. Among its many capabilities, there is backtesting with Sportfire® Streaming, giving you the same tools larger financial corporations use. But why does this matter?
Understanding Portfolio Backtesting
Backtesting is the process by which you check how a certain portfolio strategy would have fared against historical prices of markets, securities, and so on.
Although easy in principle, the process of actually conducting such testing can be quite complicated, as the software has to synchronise multiple flows of data and apply to it a variety of rules that range from size and risk, to volatility.
Backtesting with Sportfire® Streaming – The Benefits
The Wakett Framework is an Event Stream Processing structure that has been developed in a way that is both incredibly powerful and easily customisable. As such, it uses building blocks to create a system that works specifically to your needs.
But, just as importantly, it also includes plenty of tools developed by Sportfire® Streaming. Formerly known as TIBCO®, this one of the world’s largest enterprise and cloud software solution companies, servicing global banks and exchanges.
Through its powerful tools, the Wakett Framework with Sportfire® Streaming for SMEs lets you backtest your portfolio at a one-minute-level. To do this, it uses the same features used in live automated trading, ensuring results that are as accurate as possible.
Are You Ready To Experience The Difference?
By switching to the Wakett Framework, which comes with the capability to run backtesting with Sportfire® Streaming, you can improve your portfolio strategy and reduce your chances of making errors when live trading.
If this is something you’d like for your own trades too, then get in touch with us.