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Data Analysis30 December 2022by Wakett

Conduct More Accurate Market Analyses by Automating the Process

When it comes to investments, the only certainty is change, and you don’t just need to take our word for it. We are writing this during a crypto winter(1), which has seen billionaires lose practically all their assets. It’s also been a year during which equity and bond prices have gone down, but in which commodity trading advisors (CTAs) have regained popularity after many years. 

In a way, this is what makes the job of investment managers interesting but, as CEOs, this can ring alarm bells. But don’t worry, we’re here to tell you that, with high computational power in finance, your team can conduct more accurate market analyses and be better prepared for any eventuality and help you make better decisions.

 

Why Are Market Analyses Important?

The world famous investor Warren Buffet once said that to be a good trader you ‘need to exercise less stupidity and stick to good, smart choices.’

These are wise words from someone who reads 500 pages every day and who has honed his intuition over many years…But what should the rest of us do: close shop and send our teams on a decade-long intensive training programme or just give up?

Of course not! What the rest of us need is to conduct proper and effective market analyses that help us understand how market forces, volatility, and all the other factors that affect our trading, work. In turn, this provides us with the data we need to amend our strategy, make our trading more efficient, and give us the best chances of success.

 

Technology-Driven Market Analyses

Humans have developed technology that can run calculations, as well as relieve us from repetitive and time-consuming tasks, and we can use that technology to run such market analyses to easily get the information we need. 

Through event stream processing in finance, your data – even high volumes of it – can be connected, aggregated, analysed, and reported autonomously and automatically.

To do this, you’ll require two things: human knowledge to programme the software and high computational power to run it. In fact, by combining these two properly it is possible to enable faster and better decision-making processes.

 

We’re Here to Help With This!

As a software company with a team that has decades’ worth of experience in the financial field, we are uniquely positioned to help companies in the financial services industry. This is because we know how complex investment work can be. In fact, we don’t take a one-size-fits-all approach to your software, but rather create bespoke solutions that can help you realise your full investment knowledge potential.

To do this, we use the capabilities of Event Stream Processing technology to process large datasets by aggregating, modelling, and analysing it accurately and efficiently. Moreover, we work with software that can autonomously take actions, check progress, issue reports and get accurate statistics in a breeze by ONESTAT

The best part about this is that it then delivers the results you need from all these sources in one, easy-to-read report, quickly and effortlessly. 

This is undoubtedly important at a time when the speed of trading is increasing, but the data it will be handling also requires a solution that is safe and reliable. For this reason, and to deliver the best possible product for your SME, we have partnered up with the global-leaders Au to create software that is akin to that used by larger institutions but at a fraction of the price.

So, what are you waiting for? Get in touch with us to find out how we could help you.

 


(1) – ‘Crypto winter’ has come. And it’s looking more like an ice age.. (n.d.). Washington Post. [online] Available at: https://www.washingtonpost.com/business/2022/12/18/crypto-winter-ftx-collapse-bitcoin-prices/ [Accessed 20 Dec. 2022].