LINZ STROM selects Alphacet Discovery as enterprise financial modeling platform
First Published Monday, 12th July 2010 from Automated Trader : Quant News
LINZ STROM selects Alphacet Discovery to streamline its quantitative commodity and financial modeling workflow
Peter Sibirzeff, chief executive officer, Alphacet:
"We are excited that LINZ STROM GmbH has selected Alphacet Discovery as its enterprise financial modeling platform."
Alphacet, the developer of software solutions for quantitative analysts, portfolio managers and traders, has announced that LINZ STROM GmbH, a power generation, trade, service and telecommunications corporation in Austria, has selected the Alphacet Discovery platform for all its quantitative financial modeling needs.
LINZ STROM selected Discovery after working with Alphacet partner Lakeview Capital Market Service, an investment, technology and consulting provider in Starnberg, Germany. Lakeview will provide LINZ STROM with customer support, client customization and all necessary application integration services.
"As volatility continues to affect the energy markets, we need a financial modeling platform that enables asset based analysts and traders to test and refine different strategy ideas easily," said Vladimir Brody of LINZ STROM GmbH. "With Alphacet Discovery, our traders can develop new strategies as they think of new ideas, without wasting weeks programming code or integrating data. This greatly accelerates the investment to trade lifecycle, empowering us to react to market changes as they happen."
"We are excited that LINZ STROM GmbH has selected Alphacet Discovery as its enterprise financial modeling platform," said Peter Sibirzeff, chief executive officer for Alphacet. "By utilizing Discovery to advance its energy trading activities, LINZ STROM will be able to create, test and deploy live strategies rapidly, while scaling its solution to meet the current needs of its business."
