Seeking to empower its customers with real time analytics across News and Futures & Options, leading broking house Kotak Securities has tied up with fin-tech and data analytics company Heckyl Technologies to offer two unique analytics applications through its trading platform.
FIND - Financial In News and Data - the multi-award winning global platform developed by Heckyl has application analytics that can be used by a trader, researcher and analyst for capturing insights from the universe of data.
FIND News analytics brings real-time news, information and market data from companies and global markets along with brokers' and analysts' recommendations. The FIND Futures & Options analytics provides traders in the derivative markets with easy-to-use tools and effective visuals for exploring real-time trading opportunities.
Mr. Trivikram Kamath, Executive Vice President and Head of Operations for Finance and Technology at Kotak Securities said: "Today's investors and traders sift through a lot of data before executing their orders. Hence as India's leading brokerage house, we are investing in this technology so that our clients can make trading decisions confidently with some robust market data. This platform amplifies the overall trading experience by combining real-time market data, news and analytics in an intuitive and easy to use interface that caters to the needs of our diverse set of investors and traders."
Announcing the tie-up, Mr. Mukund Mudras, Founder & CEO, Heckyl Technologies, said: "We are extremely happy to be associated with India's leading broking house Kotak Securities. We are sure that our cutting edge analytics applications will be of immense use to their clientele as they will be able to get actionable insights from market-moving news and data in real time."
Heckyl Technologies fills the retail investors' gap in finding relevant and timely information from the universe of data. Heckyl mines and transforms both, structured and unstructured data into actionable real-time insights for the financial markets. Heckyl recognizes that mining real-time information from unexplored sources (including Social Media and Open Data sources) presents actionable insights for investors. Heckyl's FIND discovers market-relevant news and data from 1.5 million sources. FIND further clusters similar news items and performs a sentiment analysis. This presents traders and investors with actionable opportunities from a universe of structured and unstructured data.