Torux Software target is to use Big Data analytics to create innovative Equity Investment Strategies. “The currently inefficient use of Big Data for investment decisions, means use of our strategies will allow our clients to take advantage of information not 'visible' to their competitors,” explains Thanos.
The final product/service that will be sold to client Hedge Funds will be a Strategy. A Strategy will be a package of software and methodology, that will be retrieving and analyzing data from preselected/predefined sources, and then will produce buy/sell recommendations for specific Listed Equities or Sectors in the Stock Exchange. The developed Strategies will expose and define, both qualitatively and quantitatively, variables and dimensions associated with the price fluctuation of certain companies/sectors, so as to develop profitable Investment Strategies.
“The investment strategies we will develop will focus on data mining Open Data to identify real-time indicators and trends that will affect or correlate with the stock prices of a wide range of corporations and industries,” says Thanos. The data sources will be Open Data including Twitter, Google, Crawling the web, as well as other Data providers.
Miltos Petridis, professor in Computer Science from the University of Brighton said:
“The financial industry is increasingly driven by large volumes of data, and regulation is growing increasingly severe. Forward thinking companies like Torux are looking to industrial innovation to improve responsible Equity Investments. This partnership will be investigating how real time data analytics can be used in equity investments as well as using the state of the art in data mining techniques.
“Advanced computational methods have helped decision science to evolve into its present form but there is a significant margin for future improvement. Therefore it will be used to define dynamic rules that can reveal underlying rules and behaviours in data.”
You can visit Torux Software at www.torux.net
Torux Software Ltd.
Torux Software (www.torux.net), is a group of UK-based Torux Software Ltd and India-based Torux Software Pvt Ltd. The group was established by Dr Athanasios Koukoutsakis in 2007 and its specialty has traditionally been Financial Derivatives Risk Management Software for Investment Banks and Hedge Funds. Since 2009, Torux Software has been operating in advanced cross-industry Project/Asset Investment Valuation software/methodology and is currently member of an FP7 Eco-innovation consortium working on Biotechnology Investment Valuation and Market Analysis. Other areas of operation include Shipping Financial Risk Management and Computational Neuroscience.
The School of Computing, Engineering and Mathematics, University of Brighton
The School of Computing, Engineering and Mathematics is the focus of teaching, research and social and economic engagement in mathematical sciences, computing, engineering and product design in the University of Brighton.
The School offers an extensive range of professionally accredited undergraduate and postgraduate courses across the fields of mathematics, computing, engineering and product design technology. These courses are underpinned by national and internationally recognised research in the fields of automotive engineering, artificial intelligence, applied mathematics, computer science and nuclear physics. The School has major national and international collaborations and has a regional role in supporting local business and industry through placements, short courses, contract research, Knowledge Transfer Partnerships and consultancy.
Based on the Moulsecoomb Campus, the School has over 1500 undergraduate and postgraduate students, over 40 research students supported by a team of some 110 academic and research staff, 30 technical staff and 15 administrative staff.
Torux Software Ltd
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Click here to read the full story: Big Data Analytics for Equity Investments: Innovation Voucher Awarded to Torux Software by the Technology Strategy Board