QuantHouse and SpiderRock win ‘Best Alliance or Partnership’ at the Waters Technology Sell-Side Awards 2020

QuantHouse and SpiderRock win ‘Best Alliance or Partnership’ at the Waters Technology Sell-Side Awards 2020

London, Paris, Chicago, Sydney, 26 June 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 it has been awarded ‘Best Alliance or Partnership’ at the Waters Technology Sell-Side Awards 2020 for its collaboration with SpiderRock.

In September 2019, QuantHouse and SpiderRock announced a partnership agreement to add SpiderRock’s proprietary data & analytics service, including implied volatility and option prints, to the 150+ data sources available through the QuantHouse API.

SpiderRock’s real-time options analytics and data feed provides clients implied volatility, Greeks, risk slides, and high-quality volatility surfaces across all US-listed equity and futures options and integrates this in real-time with key elements of the raw feeds. The service allows institutional clients to develop and enhance trading and risk management systems with real-time requirements. QuantHouse decodes and normalizes market data from 150+ global sources, simplifying workflow across regions and asset classes by providing a unified format and single API for every data source as part of its managed service.

Salloum Abousaleh, Managing Director - Americas, QuantHouse, said, “We are delighted to be recognised by Waters Technology for our collaboration with SpiderRock. This partnership was the first application of QuantHouse’s API to deliver datasets beyond outright market data. By applying our FeedHandler technology to streamline access to SpiderRock’s proprietary data, QuantHouse offers clients a single API for market data and value added content.”

Craig Iseli, COO, SpiderRock, added, “By joining forces with QuantHouse, we are able to offer our proprietary feed as a part of QuantHouse’s managed service. As a result, QuantHouse’s clients can rapidly integrate SpiderRock’s datasets into existing systems through the single QuantHouse API with minimal changes to source code, significantly reducing time to market.”

About QuantHouse

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.

For more information, please visit quanthouse.com, follow us on Twitter @quanthouse or visit our LinkedIn Page.

About SpiderRock

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.

For more information, please check us out at https://www.spiderrock.net/data-analytics/ or visit our LinkedIn Page.