APEX:E3 launches cloud-based multi-asset analytics platform for retail and institutional investors
APEX:E3 a provider of multi-asset analytics tools for retail and institutional investors, has launched a cloud-based multi-asset analytics platform.
The team at APEX:E3 – a veteran team of FinTech business operators previously at fixed income trading platform Algomi – have launched their new platform after securing seed capital from ConsenSys. The platform has been initially developed for retail and institutional investors looking to trade digital assets simultaneously in a cross-asset capacity. The plan is to incorporate different, more traditional, asset classes in the future.
The core of the platform consists of an Automated Liquidity Identification and Classification Engine, also known as ALICE, which can perform over 150 thousand calculations a second using proprietary algorithms. This enables the platform to analyse thousands of markets in real-time to help traders identify liquidity opportunities across exchanges globally. This in turn delivers unparalleled analytics and the ability for users to backtest and develop trading scenarios.
In addition, the engine can tag news and social content by identifying assets that are currently being discussed on social networks and forums, helping traders easily connect market movements and media events. The team has also deployed chat bots for various messaging platforms, giving traders and quants using the platform access to ALICE’s long-short liquidation analysis and mathematics engine.
APEX:E3 has already been able to incorporate feedback during beta testing from its global community of traders and quants ahead of today’s launch.
The current launch version is focused on digital assets only and includes functionality such as:
• Real-time identification of Altcoin liquidity based on the analysis of 5,000+ orderbooks in real-time
• Ability to filter out markets based on a number of valuable metrics
• Powerful search and analytics across relevant news, social media content and markets
• Aggregated orderbook
• Watchlist and alerts creation
APEX:E3 will be planning future releases of the platform which will include additional asset classes, and added functionality such as the ability to execute on centralised and de-centralised exchanges; trading alerts functionality; event-based backtesting; an algo sandbox for testing financial models, and a mobile application.
Usman Khan, CEO of APEX:E3, says: “Our team is experienced in delivering institutional-grade technology and we are committed to building viable solutions for a wide range of traders and investors, including the retail sector which is massively underserved by the technology options available. We have addressed this need by providing low cost and easy access to our cloud-based multi-asset analytics platform. Starting with digital assets, we plan to expand the platform reach to additional asset classes in the future to make our platform truly multi-asset.”
Sharif El-Borgi, CTO, APEX:E3, says: “We have taken a lean and agile approach with respect to developing the technology stack that underpins the platform. This has allowed us to iterate feedback from our community and ensure that we deliver a platform that is both flexible but also highly professional and premium in the features and experience that users can access.”
Min Teo, Partner at ConsenSys, says: “We are thrilled to support APEX:E3 as they launch their multi-asset platform to bring much needed institutional-grade technology to the retail trader community. We look forward to collaborating with the team in the future and supporting the further roll-out and development of this technology.”
Tim Grant, Chairman, APEX:E3, adds: “Our ambition is to democratise the use of institutional-grade technology to a wider foundation of traders around the world and add significant value to their day to day workflow. We will continue to deliver these kinds of products in our aim to educate and empower our users.”