RTS Integrates The MathWorks MATLAB into RTD Tango


CHICAGO, March 5 /PRNewswire/ --

- New Alliance Creates "Alpha Generation" Platform

RTS Realtime Systems Group (RTS), a leading trading solutions provider,
today announced its collaboration with The MathWorks, Inc., the leading
developer and supplier of software for technical computing and Model-Based
Design. Under the arrangement, RTS has integrated MathWorks popular MATLAB,
the interactive technical computing environment, into the RTD Tango
algorithmic trading solution. This integration enables algorithmic traders to
significantly reduce the time from idea to production, greatly increasing
their firms' operational efficiency as they identify and capture
opportunities in one integrated environment.

MATLAB's mathematical, statistical and visualization functions combined
with RTD Tango offers traders the ability to create highly advanced pre- and
post-trade analytic environments and connect them to their execution
algorithms. The collaboration represents a new innovative integration between
MATLAB's advanced analytics platform and RTS' leading algorithmic trading
execution engine.

RTD Tango gives algorithmic traders a programming environment that they
can use to design and deploy their own proprietary trading strategies. The
MATLAB product family enables users to perform many computational finance
tasks, including backtesting, advanced pricing, time-series analysis, risk
modeling, and optimizing Tango strategies.

RTD Tango sends and receives data to and from MATLAB via Tango's Feed
application programming interface (API). This gives traders the ability to
decide which processes and calculations are resource-intensive and offload
them onto the MATLAB server, allowing the Tango server to focus on
low-latency execution algorithms.

Said Anthony Tassone, RTS Vice President, Algorithmic Trading Solutions:
"The integration of MATLAB into RTD Tango creates a true "alpha(1) generation
platform" and gives trading firms the ability to do more, faster and with
fewer resources. Typically, once traders identify an opportunity, it can take
several months to bring that idea into production. The trader may need to
consult with programmers and financial engineers to help them model, capture
and manage the opportunity. With our integration, we've reduced the days
until deployment by enabling a single trader to seamlessly identify, capture
and manage an opportunity from one integrated platform. The entire strategy
can be conceived written, tested, deployed and controlled by the same user.
This dramatic reduction in time and resources needed can help traders and
their firms capture not only market alpha but also operational alpha(2)."

"Traders want their analytics to drive their execution," said Steve
Wilcockson, Industry Manager for Computational Finance for The MathWorks. "We
are delighted to combine our advanced mathematical and financial-oriented
technologies with the RTD Tango high-speed execution facility to enhance the
ability of traders to build, test and deploy new strategies within minutes
and thus act on the optimal time to buy and sell."

"We've also given traders the ability to separate out intense
computations, such as Monte Carlo simulations, and offload them to MATLAB's
environment while the Tango engine maintains its low-latency, high-speed
offering," Tassone said.

According to The MathWorks, the 15 leading U.S. asset management firms,
the top 10 U.S. commercial banks and 12 of the 15 top hedge funds use MATLAB.

About RTS Realtime Systems Group

RTS is a leading trading solutions provider with offices in Amsterdam,
Chicago, Frankfurt, London, New York, Paris, Singapore, Stockholm and Sydney,
and distribution partners in Greece, India, Italy, Japan and Taiwan. Founded
in 1992, RTS is a pioneer in the design and creation of high performance,
functionally rich, multi-asset electronic trading software, with thousands of
user connections to nearly 100 exchanges. For more information, please visit
www.rtsgroup.net.

About The MathWorks

The MathWorks is the leading developer of mathematical computing
software. MATLAB, "the language of technical computing," is a programming
environment for algorithm development, data analysis, visualization and
numeric computation. Simulink is a graphical environment for simulation and
Model-Based Design of multi-domain dynamic and embedded systems. Engineers
and scientists worldwide rely on these product families to accelerate the
pace of discovery, innovation and development in automotive, aerospace,
electronics, financial services, biotech-pharmaceutical, and other
industries. MathWorks products are also fundamental teaching and research
tools in the world's leading universities and learning institutions. Founded
in 1984, The MathWorks employs more than 2,100 people in 15 countries, with
headquarters in Natick, Massachusetts, USA. For additional information, visit
www.mathworks.com.

1. Alpha or market alpha represents the ability to achieve excess returns
       given the risk taken.

    2. Operational alpha refers to a firm's ability to increase efficiency
       while reducing resource consumption.

MATLAB and Simulink are registered trademarks of The MathWorks, Inc. See
www.mathworks.com/trademarks for a list of additional trademarks. Other
product or brand names may be trademarks or registered trademarks of their
respective holders.

© PR Newswire Association LLC.

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