As big data becomes a bigger part of the financial sector, an emerging group of niche analytics products are entering the market.
With Autochartist launching its new futures facing technical analysis brand, Delkos Research, Finance Magnates caught up with Autochartist CEO Ilan Azbel to learn more about the company’s plans and hear his thoughts on the state of affairs of the fintech sector.
Big Data
With the launch of Delkos, Azbel explained that a major trend he is seeing is the need for on-demand data Analytics products. In this regard, he stated that interest is growing for data solutions among different product lines. For example, in the trading world, startups with offerings to track social and news related sentiment have been gaining traction, although whether true trading value exists in these products is yet to be seen. They’ve also attracted rising valuations from venture capital investors as their products have to be able to provide benefits to hedge funds and traders.
Elsewhere, Azbel noted that there is growing interest from banks and brokers for analytic data to better understand their customers to improve retention results, decrease customer acquisition costs, and increase their long term value (LTV). While technology for such features has been available for several years and many firms license such products, there is very little adoption of actually using analytics to improve business decisions. Nonetheless, Azbel explained that he was viewing an increase of firms beginning to start adopting big data analytics within their workflows.
Data through APIs
Causing the favorable sentiment towards using big data, Azbel cited several factors. The leading cause is the commoditization of the trading industry. As such, brokers and banks have become more inclined to license trading analytic tools to provide their customers to distinguish their services from competitors. In addition, as profit margins contract, using customer analytics provides an opportunity to increase LTV of clients. Specifically, Azbel noted more interest from futures and Stock Brokers due to lower profit margins in more mature markets.
APIs as one of the best means for fintech firms to distribute their analytics solutions
With many brokers operating proprietary front and back end platforms, Azbel stated that he viewed APIs as one of the best means for fintech firms to distribute their analytics solutions. He explained that using APIs provides one with the ability to embed analytics within their own platforms or back office solutions.
Employee analytics
Among emerging fintech niches, one area that Azbel noted was what he called ‘compliance analytics’. Following on the big data trend, he related that an up and coming market are tools for companies to better monitor their employee’s public social profiles. With rules governing how brokers promote products such as stocks or investment offerings, a compliance risk exists when employees comment on social channels about trading and investments.
Trading platforms
Another area of note was our discussion about trading platforms, specifically algorithmic systems targeted at retail traders. As an investor in Seer Trading, Azbel has experienced that platform’s difficulties in marketing to the retail market, before finding a comfortable niche with asset managers and semi-professional traders. According to Azbel, “The primary challenge in the retail space is finding traders that actually create value for investors; the playing field has been perverted by copy-follow platforms that have created volume-based incentives instead of performance-based incentives.”
The sector itself has seen a minor explosion of platforms that provide algorithmic trading to retail investors. Included are Ninjatrader which is used primarily for futures and the ever popular MetaTrader 4 platform. Newcomers include QuantConnect and Quantopian. Going forward, Azbel related that he was watching whether professional algorithmic traders contribute any significant strategies to these platforms.
Despite technical advantages that newer platforms are able to provide the retail sector, the reality is that there exists a large barrier in terms of onboarding customers due to skills required for coding. As such, a gap exists where the more complex systems are beyond the capabilities of the vast majority of retail traders, while simpler systems that use drag and drop strategy builders tend to underperform. Conversely, Azbel believed that it is a lot simpler for a professional algorithmic trader to get trading capital from prop desks instead of fighting for the attention of fickle retail investors.
With Autochartist launching its new futures facing technical analysis brand, Delkos Research, Finance Magnates caught up with Autochartist CEO Ilan Azbel to learn more about the company’s plans and hear his thoughts on the state of affairs of the fintech sector.
Big Data
With the launch of Delkos, Azbel explained that a major trend he is seeing is the need for on-demand data Analytics products. In this regard, he stated that interest is growing for data solutions among different product lines. For example, in the trading world, startups with offerings to track social and news related sentiment have been gaining traction, although whether true trading value exists in these products is yet to be seen. They’ve also attracted rising valuations from venture capital investors as their products have to be able to provide benefits to hedge funds and traders.
Elsewhere, Azbel noted that there is growing interest from banks and brokers for analytic data to better understand their customers to improve retention results, decrease customer acquisition costs, and increase their long term value (LTV). While technology for such features has been available for several years and many firms license such products, there is very little adoption of actually using analytics to improve business decisions. Nonetheless, Azbel explained that he was viewing an increase of firms beginning to start adopting big data analytics within their workflows.
Data through APIs
Causing the favorable sentiment towards using big data, Azbel cited several factors. The leading cause is the commoditization of the trading industry. As such, brokers and banks have become more inclined to license trading analytic tools to provide their customers to distinguish their services from competitors. In addition, as profit margins contract, using customer analytics provides an opportunity to increase LTV of clients. Specifically, Azbel noted more interest from futures and Stock Brokers due to lower profit margins in more mature markets.
APIs as one of the best means for fintech firms to distribute their analytics solutions
With many brokers operating proprietary front and back end platforms, Azbel stated that he viewed APIs as one of the best means for fintech firms to distribute their analytics solutions. He explained that using APIs provides one with the ability to embed analytics within their own platforms or back office solutions.
Employee analytics
Among emerging fintech niches, one area that Azbel noted was what he called ‘compliance analytics’. Following on the big data trend, he related that an up and coming market are tools for companies to better monitor their employee’s public social profiles. With rules governing how brokers promote products such as stocks or investment offerings, a compliance risk exists when employees comment on social channels about trading and investments.
Trading platforms
Another area of note was our discussion about trading platforms, specifically algorithmic systems targeted at retail traders. As an investor in Seer Trading, Azbel has experienced that platform’s difficulties in marketing to the retail market, before finding a comfortable niche with asset managers and semi-professional traders. According to Azbel, “The primary challenge in the retail space is finding traders that actually create value for investors; the playing field has been perverted by copy-follow platforms that have created volume-based incentives instead of performance-based incentives.”
The sector itself has seen a minor explosion of platforms that provide algorithmic trading to retail investors. Included are Ninjatrader which is used primarily for futures and the ever popular MetaTrader 4 platform. Newcomers include QuantConnect and Quantopian. Going forward, Azbel related that he was watching whether professional algorithmic traders contribute any significant strategies to these platforms.
Despite technical advantages that newer platforms are able to provide the retail sector, the reality is that there exists a large barrier in terms of onboarding customers due to skills required for coding. As such, a gap exists where the more complex systems are beyond the capabilities of the vast majority of retail traders, while simpler systems that use drag and drop strategy builders tend to underperform. Conversely, Azbel believed that it is a lot simpler for a professional algorithmic trader to get trading capital from prop desks instead of fighting for the attention of fickle retail investors.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!