Datawatch Panopticon and Itiviti Deliver A Radically Fast Trading Platform with Streaming Data Visualizations
February 15 2017 - 8:55AM
Datawatch Corporation (NASDAQ-CM:DWCH) today announced an extended
OEM partner agreement with Itiviti, a world-leading technology
provider for the capital markets industry. The longstanding
partnership will continue delivering Datawatch Panopticon as a
complement to Tbricks by Itiviti, a flexible, scalable, co-located
trading platform featuring Panopticon’s enhanced real-time
visualization capabilities.
Tbricks by Itiviti is designed from the ground up for today’s
trading reality and is built to be customized, scaled, co-located
and blazingly fast. Its app-based architecture combines the
tailored functionality of a proprietary system with the benefits of
a third party solution. Since 2007, Itiviti and Panopticon’s
partnership has provided advanced visualization and data analytics
for trading firms, bankers, brokers and institutions around the
world.
“We’ve been using Datawatch Panopticon in Tbricks by Itiviti for
a number of years, but recently conducted an extensive, internal
review to ensure we were integrating leading-edge visualization
capabilities into the product suite,” said Klaus Andersen, EVP
global engineering at Itiviti. “With its pre-built visuals and
controls of the Designer and SDK, Datawatch Panopticon proved once
again to be superior in helping customers gain deeper, faster
insight into their data. We are also impressed with the new HTML5
option in Panopticon v16 and are looking into how to best utilize
that in our product development going forward.”
Announced in early December, Datawatch Panopticon 16 is the most
advanced visual analytics platform for the capital markets
industry. The solution provides faster trading analytics for
expedited time-to-insight, and addresses the need for real-time and
historic views for trading effectiveness. Among other features, the
enriched visualization components of tree maps and scatter flops
allow Itiviti customers to see visual data in a hierarchical or
correlated format.
“With a visual representation of the massive volumes of data
coming from trading and execution systems, exchanges and other
sources in real time, analysts can process and identify anomalies,
trends, clusters and relationships that were previously missed with
traditional number views,” said Peter Simpson, vice president of
visualization strategy, Datawatch. “The combination of Panopticon’s
streaming visualization capability with Tbricks by Itiviti’s
leading trading platform is giving brokers and trading firms a
significant time advantage to extract insight from their data,
and take immediate action.”
To learn more about Datawatch Panopticon, please visit:
www.panopticon.com. For more information about Itiviti, go to:
www.itiviti.com.
About Itiviti Itiviti is a world-leading
technology provider for the capital markets industry. Trading
firms, banks, brokers and institutional clients rely on Itiviti
technology, solutions and expertise for streamlining their daily
operations, while gaining sustainable competitive edge in global
markets. With 13 offices and serving more than 400 customers
worldwide, Itiviti was formed by uniting Orc Group, a leader in
trading and electronic execution, and CameronTec Group, the global
standard in financial messaging infrastructure and connectivity.
From its foundation in 2016, Itiviti has a staff of 400 and an
estimated annual revenue of SEK 700 million. Itiviti is committed
to continuous innovation to deliver trading infrastructure built
for today’s dynamic markets, offering highly adaptable platforms
and solutions, enabling clients to stay ahead of competitive and
regulatory challenges. Itiviti is owned by Nordic Capital Fund
VII.
About PanopticonFor more than 15 years, leading
global firms have relied on Datawatch Panopticon for faster
analytics, providing real time streaming, intraday & historic
analysis into their trading activity. The powerful combination
of fast data access through real time streaming connectivity, rapid
data understanding through visual analysis, faster investigation
through time series analysis and playback down to the individual
tick, and speedier action, supports organizations in making faster,
more informed decisions that have an immediate financial impact.
For more information on Datawatch Panopticon and how it has been
deployed at customers in time critical areas across trading, risk,
compliance, trading operations, investment management, and IoT,
please visit: http://www.panopticon.com
About Datawatch CorporationDatawatch
Corporation (NASDAQ-CM:DWCH) enables ordinary users to achieve
extraordinary results with their data. Only Datawatch can
unlock data from the widest variety of sources and prepare it for
use in visualization and analytics tools, or for other business
processes. When real-time visibility into rapidly changing
data is critical, Datawatch also enables users to analyze streaming
data, even in the most demanding environments, such as capital
markets. Organizations of all sizes in more than 100 countries
worldwide use Datawatch products, including 93 of the Fortune 100.
The company is headquartered in Bedford, Massachusetts, with
offices in New York, London, Frankfurt, Stockholm, Singapore and
Manila. To learn more about Datawatch or download a free
version of its enterprise software, please visit:
www.datawatch.com.
Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995Any statements contained in
this press release that do not describe historical facts may
constitute forward-looking statements as that term is defined in
the Private Securities Litigation Reform Act of 1995. Any such
statements contained herein, including but not limited to those
relating to product performance and viability, are based on current
expectations, but are subject to a number of risks and
uncertainties that may cause actual results to differ materially
from expectations. The factors that could cause actual future
results to differ materially from current expectations include the
following: rapid technological change; Datawatch’s dependence on
the introduction of new products and product enhancements and
possible delays in those introductions; acceptance of new products
by the market, competition in the software industry generally, and
in the markets for next generation analytics in particular; and
Datawatch’s dependence on its principal products, proprietary
software technology and software licensed from third parties.
Further information on factors that could cause actual results to
differ from those anticipated is detailed in various
publicly-available documents, which include, but are not limited
to, filings made by Datawatch from time to time with the Securities
and Exchange Commission, including but not limited to, those
appearing in the Company’s Annual Report on Form 10-K for the year
ended September 30, 2015. Any forward-looking statements should be
considered in light of those factors.
© 2016 Datawatch Corporation. Datawatch and the Datawatch logo
are trademarks or registered trademarks of Datawatch Corporation in
the United States and/or other countries. All other names are
trademarks or registered trademarks of their respective
companies.
Source: Datawatch
Media Contact:
Amanda Beaupre
Marketing Communications Manager, Datawatch Corporation
amanda_beaupre@datawatch.com
978-275-8387
Twitter: @datawatch
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