Datawatch announced an extended OEM partner agreement with Itiviti, a technology provider for the capital markets industry. The longstanding partnership will continue delivering Datawatch Panopticon as a complement to Tbricks by Itiviti, a flexible, scalable, co-located trading platform featuring Panopticon’s enhanced real-time visualization capabilities.
Tbricks by Itiviti is designed from the ground up for today’s trading reality and is built to be customized, scaled, co-located and blazingly fast. Its app-based architecture combines the tailored functionality of a proprietary system with the benefits of a third party solution. Since 2007, Itiviti and Panopticon’s partnership has provided advanced visualization and data analytics for trading firms, bankers, brokers and institutions around the world.
“We’ve been using Datawatch Panopticon in Tbricks by Itiviti for a number of years, but recently conducted an extensive, internal review to ensure we were integrating leading-edge visualization capabilities into the product suite,” said Klaus Andersen, EVP global engineering at Itiviti. “With its pre-built visuals and controls of the Designer and SDK, Datawatch Panopticon proved once again to be superior in helping customers gain deeper, faster insight into their data. We are also impressed with the new HTML5 option in Panopticon v16 and are looking into how to best utilize that in our product development going forward.”
Announced in early December, Datawatch Panopticon 16 is the most advanced visual analytics platform for the capital markets industry. The solution provides faster trading analytics for expedited time-to-insight, and addresses the need for real-time and historic views for trading effectiveness. Among other features, the enriched visualization components of tree maps and scatter flops allow Itiviti customers to see visual data in a hierarchical or correlated format.
“With a visual representation of the massive volumes of data coming from trading and execution systems, exchanges and other sources in real time, analysts can process and identify anomalies, trends, clusters and relationships that were previously missed with traditional number views,” said Peter Simpson, vice president of visualization strategy, Datawatch. “The combination of Panopticon’s streaming visualization capability with Tbricks by Itiviti’s leading trading platform is giving brokers and trading firms a significant time advantage to extract insight from their data, and take immediate action.”