TD Ameritrade Takes First Steps into Open Source
June 07 2019 - 8:30AM
Business Wire
Company Introduces New Way for Developers to Identify Recurring
Patterns in Time Series Data
TD Ameritrade1 today announced its first creation of an open
source project: STUMPY, a python library to identify patterns and
anomalies in time series data. Having benefited from open source as
a means to shorten development roadmaps since the early 2000’s,
STUMPY represents a new opportunity for the company to give back to
the developer community.
Since “Big Data” first became a buzzword more than a decade ago,
its promise has been hampered by the realities of the challenges of
working with large datasets. Historically, uncovering interesting
and important insights from large time series data, or data that
tracks changes in a system’s behavior over time, has been both
time-consuming and computationally expensive. STUMPY addresses both
of these problems while offering a user-friendly interface that is
simple yet powerful and scalable. From financial services to
healthcare and beyond, the benefits of this technology are
potentially significant.
Since its founding in 1975, TD Ameritrade has built a reputation
as an innovative, forward-thinking company that is using technology
to change lives and investing for the better. By becoming an active
participant in the open source community, TD Ameritrade builds on
this legacy, encouraging outside contribution from developers to
foster new and innovative uses for this technology that has helped
the company maintain its leadership position.
“I am thrilled that TD Ameritrade has made its first
contribution to the open source community,” said Vijay Sankaran,
chief information officer, TD Ameritrade. “We see this community as
a source of innovation and we are excited to see how developers
outside of our organization can evolve the ideas that we’ve
introduced. STUMPY is an important and exciting offering, but we
also see it as the first of many contributions we’ll be making to
the community on an ongoing basis in the future.”
STUMPY is provided with a three-clause Berkeley Software
Distribution (BSD) license to allow developers to use the library
for a wide range of applications. STUMPY was developed by TD
Ameritrade’s Exploration Lab, one of the firm’s dedicated
exploratory technology teams, in partnership with TD Ameritrade’s
Open Source Program Office (OSPO), which works with several key
members of the company’s Technology, Legal and Risk organizations
to get valuable input in establishing governance for internal Open
Source Software (OSS) usage and find ways for its developers to
participate in the open source community.
STUMPY is made publicly available at
https://github.com/tdameritrade/stumpy.
About TD Ameritrade Holding CorporationTD Ameritrade
provides investing services and education to
more than 11 million client accounts totaling approximately $1.3
trillion in assets, and custodial services to more than
7,000 registered investment advisors. We are a leader in U.S.
retail trading, executing an average of approximately 850,000
trades per day for our clients, more than a quarter of which come
from mobile devices. We have a proud history of innovation,
dating back to our start in 1975, and today our team of
10,000-strong is committed to carrying it forward. Together, we are
leveraging the latest in cutting edge technologies and one-on-one
client care to transform lives, and investing, for the better.
Learn more by visiting TD
Ameritrade’s newsroom at www.amtd.com, or read our
stories at Fresh Accounts.
1 TD Ameritrade Holding Corporation (“TD Ameritrade”)
Source: TD Ameritrade Holding Corporation
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version on businesswire.com: https://www.businesswire.com/news/home/20190607005017/en/
Media ContactMargaret FarrellTD
AmeritradeMargaret.farrell@tdameritrade.com(201) 521-6729
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