Elsen nPlatform was named a 2019 SIIA CODiE Awards finalist in the “Best Financial & Market Data Solution” category. This is a repeat appearance for Elsen with Thomson Reuters QA Point Powered by Elsen named a finalist last year in the same category.
Quants can spend up to 70 percent of their time managing raw data and getting it ready for use, leaving only a fraction of their time to extract insights and guide strategic decisions. Fundamental managers have an even more difficult time because they have to explain their idea to a programmer or data scientists, who has to write code to extract the right data before sending back the results in a spreadsheet. This can take weeks.
Elsen nPlatform is a Platform-as-a-Service (PaaS) that gives any investment professional a way to quickly and easily use incompatible data and modern technology to generate alpha, construct new products, and optimize data vendors. It is an honor for Elsen nPlatform to be named a finalist for this year’s CODiE Awards and recognized as a game-changing solution by industry experts.
“The 2019 CODiE Award finalists are some of the most innovative, high-impact products in the market,” said Jeff Joseph, President of SIIA. “We are thrilled to place a spotlight on these innovations and the power they have to transform how we conduct business.”
Finalists were selected by senior executives, analysts, media, consultants and investors who evaluated products during the first-round review. Winners will be announced on June 12 in San Francisco during the Business Technology CODiE Award Celebration.