Global hedge fund EQA Partners, LP needed to build a comprehensive system for handling all functions of their company.
EQA's team of programmers developed an enterprise-wide Mathematica package that now manages the flow of data from markets through trading to investor reporting—a streamlined process that provides huge time- and cost-saving benefits to the company.
According to Chief Risk Officer Philip Zecher, having all the data go through one system improves their ability to quickly analyze market conditions and respond to investors' requests, and greatly reduces data errors.
Using Mathematica's full programming language, which Zecher says "seriously cut down" development time, and webMathematica's deployment options, EQA has built a comprehensive data and analysis platform that delivers quick and accurate information. "To be able to show clients the straight-through processing that we do is valuable to them from a confidence perspective," says Zecher. "To them, it's a very consistent system that gives them the numbers they want in a real-time fashion. And they're accurate."