QuantHouse and SpiderRock chosen as 2020 Benzinga Listmakers Of The Year for "Best New Product"
Recognized for streamlined access to advanced analytics
London, Paris, Chicago, Sydney, 12 November 2020: QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced that its combined offering with SpiderRock has earned both firms recognition as Benzinga Listmakers of the Year in the “Best New Product” category.
SpiderRock’s partnership with QuantHouse is both an expansion of QuantHouse’s real-time feed coverage to include advanced analytics and content beyond outright pricing data, and the first time that SpiderRock has offered their proprietary data externally as a subscription-based feed. End users can consume the feed either by writing directly to QuantHouse’s API, or through plug-and-play integration to leading technology providers within QuantHouse’s extensive partner ecosystem.
This announcement marks the second industry accolade that QuantHouse and SpiderRock have received for this initiative since the product was launched, following their recognition as “Best Alliance or Partnership” at the 2020 Waters Technology Sell-Side Tech Awards.
The Benzinga Fintech Awards are an annual competition which recognizes companies and individuals building the future of financial services and capital markets through leading advancements in technology and innovation. The official Benzinga Fintech Listmakers are 250 carefully vetted companies and executives recognized for excellence within the fintech industry.
Joseph Krause, Inside Sales Team Lead, Americas, QuantHouse, said, “We are thrilled to see the industry continue to affirm the importance of our partnership with SpiderRock. Accurate derivative analytics are crucial for both trading and risk management, and SpiderRock is well known for its expertise in this space. As a specialist solution provider for systematic capital market participants, our goal is to provide the highest quality of service to our community of clients, and streamlined access to SpiderRock’s proprietary data has become a key component of our offering for US markets.”
Kasia Kobylarz, Business Development, Market Data & Analytics, SpiderRock, added, “We are excited to be recognized as a 2020 Benzinga Listmaker for our strategic alliance with QuantHouse. By leveraging QuantHouse’s single API and global backbone to redistribute our data, SpiderRock can bring real-time feeds to market with the seamless integration and exceptional service that QuantHouse is known for, while focusing on the quality and accuracy of our content.”
QuantHouse provides end-to-end systematic trading solutions. This includes ultra low latency market data technologies with QuantFEED, algo-trading development framework with QuantFACTORY and proximity hosting and order routing services with QuantLINK. We help hedge funds, market makers, investment banks, brokers and trading venues achieve optimal trading performance, develop and integrate new trading strategies, comply with regulatory requirements, test existing and new trading infrastructure tools and rationalize operating costs.
The “QuantHouse API Ecosystem” is a unique global initiative with the objective to provide the framework within which capital markets participants can quickly and easily gain access to multiple trading venues, technologies or applications through standard APIs. The QuantHouse API Ecosystem has developed over time to what is now the largest API ecosystem community of buy- and sell-side participants, exchanges, prime brokers, trading venues, hedge funds, market makers and other financial services partners and vendors.
QuantHouse is part of Iress (IRE.ASX), a technology company providing software to the financial services industry. Iress’ software is used by more than 9,000 businesses and 500,000 users globally. More information is available on www.iress.com.
SpiderRock Gateway Technologies is the data & analytics division of SpiderRock. Spiderrock is a technology provider that creates and deploys some of the most innovative algorithmic routing and risk management solutions commercially available to service buy-side funds, investment advisors, bank desks and proprietary trading firms around the world. The SpiderRock platform is a high-performance, cloud-based trading system empowering institutional clients with tools to construct, manage, and scale equity, futures and option strategies.