4th Story Integrates with Vhayu VelocityTullett Liberty Goes Live on 4th Story Platform
LOS GATOS, CA, September 13, 2005 --
4th Story Integrates with Vhayu Velocity
Vhayu Technologies today announced that 4th Story has completed integration to Vhayu Velocity™, the leading financial stream-processing engine that allows trading firms to capture, analyze, store and act on massive amounts of real-time and historical market data. The 4th Story product suite enables brokers and hedge funds to identify, test and optimize desirable trading opportunities in an easy-to-use front-end environment.
“Integrating 4th Story with the Vhayu Velocity engine highlights our continuing efforts to provide our clients with more of the tools they need to leverage increasing amounts of market data and gain a competitive advantage,” said John Coulter, vice president, marketing and business development at Vhayu. “The 4th Story solution gives users a very simple way to devise complex proprietary trading strategies, saving thousands of hedge funds and trading desks time and money.”
The integrated product supports back testing in multiple modes to validate and optimize strategies across portfolios as well as real-time operations. 4th Story-based studies and strategies can access Vhayu bars, ticks and time and sales data to take advantage of Velocity’s ability to handle thousands of simultaneous complex calculations and publish them in milliseconds.
“Algorithmic testing tools are becoming more important to the trading community as the use of common strategies has become commoditized,” said Steve Smith, CEO at 4th Story. “Our products provide flexibility and control to the increasing number of institutions looking to deploy unique trading tactics. As our mutual customers’ needs continue to evolve, we look forward to more collaboration with Vhayu.”
About Vhayu (www.vhayu.com)
Vhayu delivers the fastest and easiest-to-use real-time software solutions to the world’s leading financial institutions for the capture and high-speed analysis of massive amounts of streaming and historical data. Through its unique patented technology, the Vhayu Velocity market data analysis platform fives a significant competitive advantage to its customers by delivering the information needed to make trading decisions faster than any other available system. Partnered with Reuters, SunGard, Microsoft, TIBCO, InfoDyne and HyperFeed, Vhayu’s customer base includes broker/dealers, the leading online discount broker, hedge funds, market data providers and alternative trading systems. Vhayu was founded in 1998 by a group of experts in multi-processor design, real-time operating systems, enterprise database systems and financial market data and is backed by top tier investors, including Menlo Ventures.
About 4th Story (www.4thstory.com)
4th Story, LLC is a software firm focused on enabling trading opportunities. The company's products give the user the power of rapid testing and implementation of arbitrarily complex automated and algorithmic trading strategies. The company develops its products on the Microsoft .Net platform.