CHELMSFORD, Massachusetts,
Nov. 10, 2014 /PRNewswire/ --
Datawatch Corporation (NASDAQ-CM: DWCH), a leading global provider
of visual data discovery solutions, announced today it was selected
as the "2014 Best Big Data Technology Provider to the Buy-Side" by
Waters Technology in its annual awards competition.
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Announced Friday, November 7, 2014
at the May Fair Hotel in London,
the awards recognize the leading technologies and vendors in their
area of expertise, through an auditable and transparent methodology
underpinned by the input and experience of seven judges - five
buy-side-focused technology consultants and two Buy-Side
Technology editors.
Buy-side institutions are typically large financial firms like
private equity funds, mutual funds, life insurance companies, unit
trusts, hedge funds, and pension funds. Datawatch clients on the
buy-side include Blackrock, the world's largest asset manager,
Citadel, one of the largest hedge funds in the world, and J.P.
Morgan. They use Datawatch visualization solutions to analyze
real-time market activity and perform in depth analysis of
historical trading and risk data.
The Datawatch visual data discovery platform retrieves data
directly from sources commonly used in buy-side institutions,
including real-time data feeds, in-memory databases, relational
databases, CEP engines, message buses and spreadsheets. The
architecture eliminates the need for a middle layer, including data
warehouses, data marts and proprietary databases that add costs and
latency.
"Datawatch's real-time data capabilities provide buy–side users
with the unique ability to visualize data as it happens, giving
these users a distinct advantage in the market," said Ben Plummer, chief marketing officer and senior
vice president, Strategic Alliances for Datawatch. "It's wonderful
to have such a highly regarded organization like Waters recognize
the value our technology brings to our customers," he added.
Real-time visualizations provide traders and portfolio managers
with clear, up-to-the-minute understanding of investment
performance. Users can see how a portfolio is performing and
responding to market changes. Managers see details for all
portfolios in a single view and can drill down to see details about
underlying instruments, or drill up to view aggregated data across
different metrics. They can also analyze portfolio relative
contributions, screen out constituents that do not merit attention
and get complete details on the ones that do.
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 93 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.
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: +1-978-441-2200 ext. 8323
Media Contact:
Sarah
Bernardi
Datawatch Corporation
Sarah_Bernardi@datawatch.com
Phone: +1-978-441-2200 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.