CLS and SIGTech Collaborate to Offer Quantitative Analytics Capabilities
Summary
LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--CLS, a financial market infrastructure delivering settlement, processing and data solutions, and SIGTech, a leading technology provider to quantitative investment managers, today announce a collaboration to provide CLSMarketData clients with access to SIGTech’s back testing environment and analytics platform. Through the collaboration, CLS clients will have the option to use SIGTech’s cloud-hosted Python-based research platform to perform tailored analyses of CLSMarketData – the largest single source of FX executed trade data available to the market. The collaboration will address increasing demand from model-driven investors who may not have sufficient resources or computing power to evaluate large scale data, particularly to find signals from multiple datasets across different asset classes. Masami Johnstone, Head of Information Services, CLS, said: “ The collaboration with SIGTech is a revolutionary step forward for understanding FX market dynamics using a sophisticated quantitative method. Access to this FX alternative data provides an unparalleled view of market activity to support best execution, risk mitigation and reporting requirements.