AlgoDynamix launches new analytics functionality to respond to ongoing changes due to COVID-19

Faced with ongoing uncertainty about COVID’s global economic impacts, financial organisations are turning in increasing numbers to cutting-edge technologies that blend artificial and human intelligence.  The dynamic nature of the virus and of government responses mean that most existing financial models and indeed other typical assumptions have failed to provide any meaningful market insights as they mostly rely on historical data. An AI-powered technology developed by AlgoDynamix, a Cambridge based start-up, is redressing this fundamental problem and is rapidly gaining recognition.

An offshoot of University of Cambridge research, they uncover anomalies in the real-time behaviour of market participants (i.e. buyers and sellers) and this gives a more accurate picture of what’s actually happening right now and crucially, can forecast what will happen to market prices.

These types of technologies allow their users to receive clear advance warnings of major directional market movements, before they actually happen. Organisations then overlay this information onto their own investment and trading strategy to create a bulletproof course of action. 

Dr Jeremy Sosabowski, one of the University of Cambridge scientists who pioneered this technology through AlgoDynamix Ltd, commented: “Our business profile has grown even faster in the last few months, an amazing result when the rest of the world seems to be in recession. We have had to expand beyond our core markets in the UK and Europe, to open new offices in the US and Singapore.” 

Asked what he thinks lies behind the growth, Dr Sosabowski explained, “The dynamic nature of the virus and of government responses mean that most existing financial models and indeed other typical assumptions have failed to provide any meaningful market insights. These models mostly rely on historical data and the problem is we don’t have data on anything similar to COVID-19. The new technology that we developed at AlgoDynamix functions differently, we uncover anomalies in the real-time behaviour of market participants, the buyers and sellers, and that gives a more accurate picture of what’s actually happening right now and what will happen.”

This foresight is paying off for AlgoDynamix’s clients – many have sailed safely and profitably through the volatile period induced by COVID-19, and they now continue to employ resilient trading and investing strategies to navigate the uncertain recovery ahead. One of AlgoDynamix’s clients reported outpacing both the S&P 500 and Dow Jones Industrial Average by an estimated +21.76% and +23.20%, respectively, in Q1 2020. 

AlgoDynamix has now added more forecasting functionalities due to the continuing uncertainty. This includes coverage of even more financial instruments and crucially, an overview of intercorrelation between asset classes. 

Their upcoming webinar on 1st and 2nd July will debut these new functionalities and discuss client use cases across investment banking, family offices, hedge funds and other actively managed trading and investment organisations. In addition, Dr Sosabowski will be talking about the most effective way to deal with more unknowns to come, including uncertain economic recovery and possible secondary pandemic waves across all liquid asset classes. 

Those interested in signing up for the webinar can do so here: https://event.webinarjam.com/register/85/wy9rvf7y

For more information on AlgoDynamix Ltd, please visit https://www.algodynamix.com/
 



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