7 November 2018, London: Fintech firm Velocimetrics, the leading provider of business flow tracking and real-time, in-stream performance analytics, has been shortlisted in the ‘Best New Technology Product – Market Data’ category by the FOW International Awards 2018.
Recognising the best and brightest innovations in the derivatives industry the international awards are now in their 6th year.
Unique in being the only vendor able to provide true ‘in-stream’ market data monitoring and analytics, Velocimetrics gives maximum insight, accuracy and business efficiency in real-time.
The shortlist is judged by a panel of industry experts drawn from across the market and a range of disciplines, who have shortlisted Velocimetrics specifically for its Market Data Quality solution.
Steve Colwill, Founder and CEO of Velocimetrics, commented: “We are thrilled to have been selected as a finalist for these awards and see the news as recognition of the hard work we have been doing since day one. What we provide is much-needed innovation and an evolution in optimised business monitoring and intelligent analysis.
To be in such high-calibre company is testament to the significance of this achievement and we hope for more good news when the winners are announced!”
The solution delivers detailed in-stream insight, enabling users to examine every single market data tick against an extensive range of metrics, continuously comparing the data’s characteristics to what is normal for that particular instrument.
In doing so, it accurately assesses the quality of data being actively employed in trading decisions, instantly alerting users to the emergence of abnormal price movements or tick behaviours.
Colwill continued: “This shortlisting is fantastic added motivation for the whole team to continue enhancing our offering. FOW is a big name in the industry and it is an honour to have been singled out as one of a select few to have caught its eye.”
The winners will be announced at the FOW International Awards Gala Dinner on 4 December in London. To view the full shortlist, please click here.