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Rho Asset Management Implements CarryQuote's Mobile Market Scanner(TM) Solution
ZUG, Switzerland and NEW YORK, June 16 /PRNewswire/ --
- Company to Leverage Real-time, On-Demand Quotes for Anytime, Anywhere
Access to Market Data for Fund Managers and Increased Transparency for
Investors
CarryQuote, A.G. (http://www.carryquote.com/), a pioneer in integrated
desktop and mobile financial information solutions, and Rho Asset Management,
A.G. (http://www.rhoam.ch/ )("Rho"), a Swiss-based Commodity Trading Advisor,
today announced Rho's implementation of CarryQuote's Mobile Market
Scanner(TM) solution. The companies officially made the announcement at the
2009 GAIM International conference in Monaco.
Mobile Market Scanner (http://www.mobilemarketscanner.com/) provides fund
managers with an affordable, integrated desktop and mobile solution for
accessing real-time, on-demand price quotes. Officially launched in February
2009, the solution offers a new model for consuming market data -- real-time,
on-demand snapshots. By providing real-time market snapshots from more than
70 global data sources only when a user needs them, Mobile Market Scanner
delivers the high quality financial market information users need at a
fraction of the cost of other market data providers. Mobile Market Scanner
also enables Rho to enhance its communication with investors by providing
greater transparency to the fund's NAV. Rho's investors will be able to track
NAV on a daily basis using the Rho-branded web and mobile applications.
"The Mobile Market Scanner, not only allows our investors easy access to
global market data -- but also allow us to be true to our mission of
providing our investors with a unique level of transparency and access to our
fund's NAV at any time," said Christen Oesterbye, COO of Rho Asset
Management. "We've also found good value in white labeling Mobile Market
Scanner. By making it available to our clients, we hope to strengthen our
client relationships through increased communication and accessibility."
"We are pleased that Rho has joined a growing list of global hedge funds
that are leveraging Mobile Market Scanner to realize cost savings, improve
efficiency related to technical analysis and increase transparency for
investors," said Michael Stennicke, CEO and Co-founder of CarryQuote. "Rho
selected our solution based on its measurable benefits -- including its
personalized alerts that empower fund managers to actively monitor and
analyze the global markets, even while away from a workstation."
CarryQuote and RHO at 2009 GAIM International
(http://www.icbi-events.com/gaim/)
On Day 2 (June 17, 2009) at 15:55 CET/CEST at the 2009 GAIM International
event, Jeremy Sokolic, SVP, Marketing and Product Management of CarryQuote,
will be presenting a Conference Session entitled "Real-time, On-Demand
Quotes: Revolutionizing Mobile and Desktop Access to Market Data." This
session will introduce Mobile Market Scanner and discuss the reason for --
and benefits of -- Rho's implementation of the solution. The session will
also feature Christen Oesterbye, Chief Operating Office from Rho Asset
Management and feature an overview of:
- Accessing real-time, on-demand quotes through a new, more
cost-effective model
- How to reduce the time required for daily macro and technical analysis
by several hours with analytics that filter and rank investment
opportunities and jukebox-style, flip-through charts
- How funds can reinforce their company's brand, and increase
transparency with white label web and mobile applications for clients
About CarryQuote
CarryQuote is the first and only mobile financial information services
company to provide cost-effective, real-time pricing data, actionable
analytics, and personalized alerts through an easy-to-use interface,
accessible on any smartphone, including Blackberry(TM), iPhone(TM), Symbian,
and Windows Mobile(TM). CarryQuote's real-time snapshot market views and
personalized alerts ensure that fund managers, wealth managers and individual
investors are always on top of market changes and have visibility into global
market data from more than 70 global data sources covering a broad range of
asset classes, including equities, bonds, foreign exchange, commodities, real
estate and alternative investments. CarryQuote is headquartered in Zug,
Switzerland, and has offices in New York, Hong Kong, and Shenzhen (China).
For more information, please visit www.carryquote.com.
About RHO Asset Management
Rho Asset Management ("Rho") is a Swiss based Commodity Trading Adviser
(CTA) established in 2007. The founders of Rho have combined more than 50
years of experience in alternative investments and a successful track record
in trading and managing client assets. Rho is research and technology driven,
specializing in design and implementation of systematic trading strategies.
All strategies are based on quantitative analyses of price behavior in the
global financial and commodity markets. Rho is dedicated to providing clients
with tangible value in investment performance and quality of client service.
For more information, please visit www.rhoam.ch.
Contact: Erika Freed
Zer0 to 5ive
+1-917-359-7974
Erika@0to5.com






