DSTi and Xenomorph join forces
DSTi and Xenomorph join forces
Nov 9, 2005: DSTi International has announced that is has signed an exclusive global agreement with Xenomorph to embed its time series data management functionality into DSTi's investment data solutions.
DSTi's augmentation of Xenomorph's technology into it's own will enhance it's capabilities and help it target the convergence of front, mid and back-office investment data needs.
This new direction for DSTi has been made possible by Xenomorph's TimeScape technology. The technology delivers high performance storage and retrieval of mass time-series, matrix and curve data and high-end instrument analytics and provides analytic applications and plug-ins, which can make complex analytics available in other applications, such as Microsoft Excel.
"The requirement for true time series data management is increasing in importance in the fund management industry. The functional silos in fund management are breaking down and the distinction between back office record keeping, mid office risk and performance and front office quant and research functions are disappearing." said Ian Mathieson, CEO DSTi Australia and New Zealand. "By embedding Xenomorph's technology into DSTi's Investment Data Solutions, DSTi will be able to offer an integrated data management platform that serves the needs of the entire investment management enterprise."
"We are delighted to be working with such a global market leader in the asset management arena." said Greg Johnson, Xenomorph's COO. "We are convinced that the combination of DSTi's expertise in fund management solutions and Xenomorph's expertise in time series data and analytics will result in the next generation of solutions that has never before been available to the institutional market."
DSTi will offer the time series function in the fourth quarter 2005.
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