CHELMSFORD, Mass., July 01, 2015 (GLOBE NEWSWIRE) -- Real-time insight is crucial for success in the nanosecond world of electronic trading markets. To stay ahead of emerging trends and potential problems, Cleartrade Exchange (CLTX) swapped its legacy data tracking systems for a cutting edge visual data discovery environment from Datawatch Corporation (NASDAQ:DWCH).
CLTX is a Singapore regulated futures exchange providing an electronic global marketplace for commodity derivatives. Relying on a data analysis process that refreshed once daily, CLTX realized they needed a real-time monitoring and limits setting system to meet regulatory changes and the rapid growth in exchange liquidity.
With Datawatch, CLTX analysts can keep pace with the market, visually integrating and exploring real-time data feeds and relevant historical information to gain in-the-moment understanding of activity.
“Only with Datawatch were we able to analyze live streaming data plus static historical data, in a wide variety of visual formats, using a single common tool,” said Zhi Rui Ang, CLTX operations director. “Datawatch has simplified our market surveillance procedures and put us in control of our destiny.”
Datawatch offers the only managed analytics platform that combines self-service data preparation with visual data discovery, providing anyone, from the most sophisticated data scientists to general business users, with the tools they need to quickly and accurately make sense of challenging data sets from nearly any source.
“Legacy BI tools aren't made to support fast-paced streaming data environments,” said Dan Potter chief marketing officer at Datawatch. “The ability to access and quickly understand real-time data is a vital part of doing business today, particularly in industries where there is such a premium on real-time data, like trading exchanges.”
To read more, go to the following link: www.datawatch.com/CLTX
About Datawatch Corporation
Datawatch Corporation (NASDAQ:DWCH) provides the only Managed Analytics Platform that brings together self-service data preparation with visual data discovery. Its software bridges the gap between the ease that business user’s demand and the automation and governance needed by IT. Users can quickly discover key factors that improve their business by transforming data from multi-structured sources, as well as real-time streaming data, into visually rich analytic applications. Organizations of every size, worldwide use Datawatch products, including 93 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in New York, London, Frankfurt, Stockholm, Singapore, Melbourne and Manila, and with partners and customers in more than 100 countries worldwide. Learn more at www.datawatch.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements contained herein, including but not limited to those relating to product performance and viability, are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: rapid technological change; Datawatch’s dependence on the introduction of new products and product enhancements and possible delays in those introductions; acceptance of new products by the market, competition in the software industry generally, and in the markets for next generation analytics in particular; and Datawatch's dependence on its principal products, proprietary software technology and software licensed from third parties. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company's Annual Report on Form 10-K for the year ended September 30, 2014 and Forms 10-Q for the quarters ending December 31, 2014 and March 31, 2015. Any forward-looking statements should be considered in light of those factors.
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