AlgoTrader partners with tensoralpha to accelerate its quantitative research capabilities.
Zurich/Berlin – AlgoTrader AG today announced that tensoralpha GmbH, a Berlin-based crypto-currency investment fund, has selected AlgoTrader, the leader in trading strategy development, back testing and deployment for all of its quant modelling needs.
Automated trading has become critically important in the Crypto-currency investment space across the globe as traders look to address 24/7 trading and liquidity challenges in the fragmented Crypto-currency market.
AlgoTrader enables tensoralpha to greatly improve and accelerate its quantitative research capabilities and enhance strategy deployment in its inaugural fund. “To rapidly identify market mispricings and temporary dislocations we must be able to develop, test and implement systematic trading strategies quickly and efficiently,” said David Klemm, Managing Partner for tensoralpha GmbH. “To do that, we require open technology with rich functionality and top-level performance. With AlgoTrader, we can conduct research, find opportunities for alpha and test our strategies across multiple crypto-currencies efficiently and use the same solution for automated trading. We especially like the clean, intuitive development environment that AlgoTrader affords through its intelligent combination of Java and various other open-source, industry standard components” Klemm added.
“Sophisticated quantitative trading necessitates an integrated back-testing and trading platform and represents the foundation for identifying hidden trading opportunities and capturing alpha in the Crypto world. We are pleased that tensoralpha selected AlgoTrader and entrusted us with this critical core component of their research and trading activities.” says Andy Flury, Founder and CEO of AlgoTrader AG.
AlgoTrader is the global leader in institutional trading technology for digital assets that covers the entire trade lifecycle from pre-trade risk checks to order generation, automated settlement and custody reconciliation – offering best-in-class infrastructure for financial institutions. By supporting direct market access, seamless custody and core banking integration as well as full trade lifecycle automation, the AlgoTrader platform streamlines digital assets trading. Developed by a team of trading system veterans and crypto asset experts, AlgoTrader offers integrated infrastructure solutions that meet the highest institutional needs. To learn more, visit www.algotrader.com.
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