CHELMSFORD, Mass., Sept. 29, 2014 /PRNewswire/ -- Datawatch
Corporation (NASDAQ-CM: DWCH), a leading global provider of visual
data discovery solutions, in collaboration with OneMarketData, the
leader in Complex Event Processing (CEP), financial tick data
management and analytics, and Social Market Analytics, have
developed a new solution geared towards extending traders' ability
to find alpha.
The new SocialSandbox is a hosted platform that allows buy- and
sell-side traders to identify, measure and back-test social media
scores together with market data. Sentiment scores are provided by
Social Market Analytics, combined with OneTick's market data in
their CEP engine and then visualized through Datawatch's visual
data discovery software.
SocialSandbox improves analytics by revealing insights from
social media data where the content is constantly evolving,
according to OneMarketData founder and CEO Leonid Frants. "The market continues to explore
the potential of this data, but not without significant costs and
efforts related to research and data administration. SocialSandbox
eliminates the tasks of loading and aligning the necessary
reference, time series and social sentiment data, and providing
visual and statistical analytics to enable alpha discovery," he
said.
OneTick, the industry-leading solution for time series
analytics, provides the database and stream processing engine used
to generate the analytics. The data is presented as a series of
Sentiment Study dashboards including "Top-ranked by social
sentiment," "Sentiment to market benchmarks," (e.g. Open, Returns,
etc.) and many others.
Datawatch Desktop provides the visual data discovery platform.
The technology enables traders, analysts, quants and other
organizations, such as hedge funds and pension funds to access all
kinds of information– including unstructured social media data –
and combine with market data to visually identify trends, spot
outliers and uncover new revenue opportunities in real time. In
this case, social media scores, provided by Social Market
Analytics, are overlaid against market prices.
"Capital markets around the world increasingly rely on visual
data discovery to make smarter, faster decisions and outperform the
competition," said Ben Plummer,
chief marketing officer and senior vice president, Strategic
Alliances. "Incorporating social media data into their
analysis will enable them to better understand what the 'buzz' is
all about regarding fast moving market makers."
Monthly subscription pricing information is available to
subscribers at: www.socialsandbox.onetick.com.
About OneMarketData
OneMarketData provides market data management and analytical
solutions that enable financial institutions to outmaneuver
the competition by executing new trading strategies faster.
Through its flagship product OneTick, the only solution that
event stream processing and tick data management spanning both
historical and real-time, quants, analysts and traders can enhance
alpha and increase performance through superior data management.
Through its intuitive, performance-driven design, OneTick users
benefit from an enterprise system that was built by Wall Street
experts to address the sophisticated data analysis needs of the
most discerning financial institutions. More information is
available at www.onetick.com.
About Datawatch Corporation
Datawatch Corporation
(NASDAQ-CM: DWCH) provides visual data discovery software that
optimizes any data – regardless of its variety, volume, or
velocity – delivering next generation analytics to reveal valuable
insights for improving business. Its unique ability to
integrate structured, unstructured, and semi-structured sources
like reports, PDF files and EDI streams with real-time streaming
data into visually rich analytic applications allows users to
dynamically discover key factors that impact any operational aspect
of their business. This ability to perform visual discovery against
any data sets Datawatch apart in the big data and visualization
markets. Organizations of every size, worldwide use Datawatch
products, including 99 of the Fortune 100. Datawatch is
headquartered in Chelmsford,
Massachusetts with offices in New
York, London, Munich, Stockholm, Singapore, Sydney and Manila, and with partners and customers in
more than 100 countries worldwide. See the Whole Story for yourself
by downloading the free trial at www.datawatch.com/free-trial.
About Social Market Analytics
Social Market
Analytics is a Chicago-based
start-up that now provides active individual and institutional
investors (banks, hedge funds, brokerages) with streaming
up-to-the-minute social media quantification and analysis that can
help users outperform the market. Its patent-pending technology has
consistently proved that the tweets of professional traders can
help both institutional and individual traders outperform the
market. SMA was selected by NYSE and Markit to provide their
members access to reliable, up-to-the-minute social data sentiment
signals. More information is available at
www.socialmarketanalytics.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
Any 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,
including but not limited to those relating to results of
operations, contained herein 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: risks associated with
the continuing weak global economy; risks associated with
fluctuations in quarterly operating results due, among other
factors, to the size and timing of large customer orders; risks
associated with acquisitions, including the recent acquisition of
intellectual property from Math Strategies and the acquisition of
Panopticon; the volatility of Datawatch's stock price; limitations
on the effectiveness of internal controls; rapid technological
change; Datawatch's dependence on the introduction of new products
and possible delays in those introductions; competition in the
software industry generally, and in the markets for next generation
analytics in particular; Datawatch's dependence on its principal
products, proprietary software technology and software licensed
from third parties; risks associated with international sales and
operations; risks associated with indirect distribution channels
and co-marketing arrangements, many of which were only recently
established; the adequacy of Datawatch's sales returns reserve;
risks associated with a subscription sales model; Datawatch's
dependence on its ability to hire and retain skilled personnel;
disruption or failure of Datawatch's technology systems that may
result from a natural disaster, cyber-attack or other catastrophic
event; and uncertainty and additional costs that may result from
evolving regulation of corporate governance and public disclosure.
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, 2013 and Forms
10-Q for the quarters ended December 31,
2013, March 31, 2014 and
June 30, 2014. Any forward-looking
statements should be considered in light of those factors.
Investor Contact:
Datawatch Investor
Relations
investor@datawatch.com
Phone: (978) 441-2200 ext. 8323
Media Contact:
Sarah Bernardi
Datawatch Corporation
Sarah_Bernardi@datawatch.com
Phone: (978) 441-2200 ext. 8387
Twitter: @datawatch
© 2014 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.
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SOURCE Datawatch Corporation