As big data becomes a bigger part of the financial sector, an emerging group of niche analytics products are entering the market.
With Autochartist launching its new futures facing technical analysis brand, Delkos Research, Finance Magnates caught up with Autochartist CEO Ilan Azbel to learn more about the company’s plans and hear his thoughts on the state of affairs of the fintech sector.
Elsewhere, Azbel noted that there is growing interest from banks and brokers for analytic data to better understand their customers to improve retention results, decrease customer acquisition costs, and increase their long term value (LTV). While technology for such features has been available for several years and many firms license such products, there is very little adoption of actually using analytics to improve business decisions. Nonetheless, Azbel explained that he was viewing an increase of firms beginning to start adopting big data analytics within their workflows.
APIs as one of the best means for fintech firms to distribute their analytics solutions
With many brokers operating proprietary front and back end platforms, Azbel stated that he viewed APIs as one of the best means for fintech firms to distribute their analytics solutions. He explained that using APIs provides one with the ability to embed analytics within their own platforms or back office solutions.
Employee analytics
Among emerging fintech niches, one area that Azbel noted was what he called ‘compliance analytics’. Following on the big data trend, he related that an up and coming market are tools for companies to better monitor their employee’s public social profiles. With rules governing how brokers promote products such as stocks or investment offerings, a compliance risk exists when employees comment on social channels about trading and investments.
Trading platforms
Another area of note was our discussion about trading platforms, specifically algorithmic systems targeted at retail traders. As an investor in Seer Trading, Azbel has experienced that platform’s difficulties in marketing to the retail market, before finding a comfortable niche with asset managers and semi-professional traders. According to Azbel, “The primary challenge in the retail space is finding traders that actually create value for investors; the playing field has been perverted by copy-follow platforms that have created volume-based incentives instead of performance-based incentives.”
The sector itself has seen a minor explosion of platforms that provide algorithmic trading to retail investors. Included are Ninjatrader which is used primarily for futures and the ever popular MetaTrader 4 platform. Newcomers include QuantConnect and Quantopian. Going forward, Azbel related that he was watching whether professional algorithmic traders contribute any significant strategies to these platforms.
Despite technical advantages that newer platforms are able to provide the retail sector, the reality is that there exists a large barrier in terms of onboarding customers due to skills required for coding. As such, a gap exists where the more complex systems are beyond the capabilities of the vast majority of retail traders, while simpler systems that use drag and drop strategy builders tend to underperform. Conversely, Azbel believed that it is a lot simpler for a professional algorithmic trader to get trading capital from prop desks instead of fighting for the attention of fickle retail investors.
With Autochartist launching its new futures facing technical analysis brand, Delkos Research, Finance Magnates caught up with Autochartist CEO Ilan Azbel to learn more about the company’s plans and hear his thoughts on the state of affairs of the fintech sector.
Elsewhere, Azbel noted that there is growing interest from banks and brokers for analytic data to better understand their customers to improve retention results, decrease customer acquisition costs, and increase their long term value (LTV). While technology for such features has been available for several years and many firms license such products, there is very little adoption of actually using analytics to improve business decisions. Nonetheless, Azbel explained that he was viewing an increase of firms beginning to start adopting big data analytics within their workflows.
APIs as one of the best means for fintech firms to distribute their analytics solutions
With many brokers operating proprietary front and back end platforms, Azbel stated that he viewed APIs as one of the best means for fintech firms to distribute their analytics solutions. He explained that using APIs provides one with the ability to embed analytics within their own platforms or back office solutions.
Employee analytics
Among emerging fintech niches, one area that Azbel noted was what he called ‘compliance analytics’. Following on the big data trend, he related that an up and coming market are tools for companies to better monitor their employee’s public social profiles. With rules governing how brokers promote products such as stocks or investment offerings, a compliance risk exists when employees comment on social channels about trading and investments.
Trading platforms
Another area of note was our discussion about trading platforms, specifically algorithmic systems targeted at retail traders. As an investor in Seer Trading, Azbel has experienced that platform’s difficulties in marketing to the retail market, before finding a comfortable niche with asset managers and semi-professional traders. According to Azbel, “The primary challenge in the retail space is finding traders that actually create value for investors; the playing field has been perverted by copy-follow platforms that have created volume-based incentives instead of performance-based incentives.”
The sector itself has seen a minor explosion of platforms that provide algorithmic trading to retail investors. Included are Ninjatrader which is used primarily for futures and the ever popular MetaTrader 4 platform. Newcomers include QuantConnect and Quantopian. Going forward, Azbel related that he was watching whether professional algorithmic traders contribute any significant strategies to these platforms.
Despite technical advantages that newer platforms are able to provide the retail sector, the reality is that there exists a large barrier in terms of onboarding customers due to skills required for coding. As such, a gap exists where the more complex systems are beyond the capabilities of the vast majority of retail traders, while simpler systems that use drag and drop strategy builders tend to underperform. Conversely, Azbel believed that it is a lot simpler for a professional algorithmic trader to get trading capital from prop desks instead of fighting for the attention of fickle retail investors.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24