The Wakett Blog

Fast and Easy Visual Trading Orders Monitoring Through CYBMIND With Integrated Spotfire®

Written by Wakett | 28 March 2024

A typical trading platform presents information in table form, meaning that you’ll need to scroll through thousands of lines of data in order to make sense of the status of your investments. CYBMIND, however, comes with tailored, integrated Spotfire® Streaming modules, allowing for easy and visual trading orders monitoring that gives you all the information you need at a glance.

 

Visualising Orders Through Heatmap Charts: Why Spotfire® is better

They say that a picture is worth a thousand words, and that is certainly true when it comes to monitoring the status of your investments.

Most traders read their data in long table-form, a time-consuming affair that makes it annoyingly too easy to miss important details. CYBMIND, however, is an investment automation software that uses its integrated Spotfire® modules that let it automatically analyse your data for multiple orders and present its findings in heatmaps and charts that explain exactly what is happening and what you should be focusing on

To make things even easier to understand and more visual, it uses colours to highlight any tag needed, with the colour changing in real time depending on the current status or what actions the software is going to take - the rules for which are set specifically to work with your portfolio strategy

 

The Main Benefits of Spotfire® Analytics for Your Trading

Visual trading orders monitoring goes beyond the here and now. By combining data tables and multiple types of charts, CYBMIND can help you keep track of both real-time and historical data through one dashboard. This will give you the ability to:

  • Keep tabs on multiple accounts with multiple venues all in one place.
  • Process large orders and data sets in real-time at millisecond intervals.
  • Tag the orders by custom parameters and apply colours for your heatmap visualisations.
  • Filter orders by account, instrument, and other parameters to reduce the number of data fields on your screen, making large data sets far more readable.
  • Add order information in the tooltip to allow users to combine additional details in a one-view environment.
  • View information in real time, making decision-making easier.
  • Combine tables and heatmap charts to navigate data any way that works for you.

 

Improve Your Real-Time and Historic Data with Visual Trading Order Monitoring Through Spotfire®

As you can see, running visual trading order monitoring through Spotfire® can truly change the way you invest. It’s so powerful, in fact, that we simply couldn’t leave it out of our custom software. That’s why we, as Wakett, developed multiple modules in Spotfire Streaming®, allowing our customers, which are mostly financial SMEs, to have access to the same powerful tools as large banks and multinational corporations.

So, what are you waiting for? Get in touch with us to discover how our software can help you improve your order management and make your trading more sophisticated!