Trading Technologies and CloudQuant Launch Strategic Partnership to Explore Creation of Alternative Data Offering
PRESS RELEASE – CHICAGO, May 12, 2021
Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and CloudQuant (CQ), a premier vendor of alternative data (AltData), artificial intelligence and data integration technologies, today announced TT has engaged CloudQuant to advise on creation of a new data business unit. The two firms have entered into an exclusive partnership to explore the delivery of data advisory services and AltData through the TT platform to TT’s global user base.
“Through this partnership, we will leverage CloudQuant’s best-in-class expertise to continue transforming TT into a real-time data powerhouse. Together, we have the opportunity to deliver alternative data that can help our clients uniquely identify trading and investment opportunities and understand market color,” said Tim Geannopulos, Chairman & CEO at Trading Technologies.
“We are excited to be selected by Trading Technologies to advise on unleashing the potential of data via our AltData expertise, services and distribution fabric. This initiative will be transformational for TT and their customers and demonstrate the continuing leadership of TT in the FinTech segment,” said J. Morgan Slade, CEO at CloudQuant.
CloudQuant (www.CloudQuant.com, @CloudQuant) is an Alternative Data (AltData) Company serving global financial services and B2B clients. Our platform empowers organizations to realize the power of historical and streaming data. Thousands of high-value datasets are accessible directly to researchers through a single integration. Companies liberate their own data silos within the organization without costly reengineering. Empower data scientists, investment researchers, managers or engineers with simple and frictionless access to data. CloudQuant’s data advisors and research team utilize artificial intelligence to sift through massive quantities of alternative data to locate valuable sources and provide clients with data intelligence and analytics services. CloudQuant simplifies Alternative Data.
About Trading Technologies
Trading Technologies (www.tradingtechnologies.com, @Trading_Tech) creates professional trading software, infrastructure and data solutions for a wide variety of users, including proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers. In addition to providing access to the world’s major international exchanges and liquidity venues via its TT® trading platform, TT offers domain-specific technology for cryptocurrency trading and machine-learning tools for trade surveillance.