Essentia Wins Best New Fintech Solution for Hedge Funds
29 Nov, 2016
Essentia Analytics, the leading provider of behavioral analytics for professional investors, announced today that it has been named winner of the HFM award for Best New Fintech Solution for Hedge Funds.
The HFM awards recognize the European IT and software providers serving the hedge fund sector that have demonstrated exceptional customer service and innovative product development over the past 12 months.
Success in each award category is based on a number of factors including business growth, new product thinking and innovation, and positive customer feedback.
Clare Flynn Levy, Essentia Analytics CEO and founder, said: “We’re excited to have won Best New Fintech Solution for Hedge Funds. It comes at a time when we see growing recognition amongst investment and risk professionals of the role that behavioral analytics can play in helping them to improve portfolio performance. Hedge funds are always looking for a competitive edge – Essentia finally makes it possible to continuously hone your own, as well as prove it to investors.”
– See a full list of HFM hedge fund technology award winners
About Essentia Analytics
Essentia Analytics is at the nexus of Behavioral Finance and Data Science, providing professional investors with an enhanced understanding of their own behavior so that they can consistently play to their strengths and avoid acting on cognitive bias.
Developed by neuroscientists, software engineers and former fund managers, the company’s cloud-based software enables fund managers to capture richer data about both their own behavior and its context, turning trade, market and biometric data into better future investment decisions. The result is a simple, accurate, continuous feedback loop – the same sort that professional athletes use to achieve excellence.
Appropriate for traditional active managers, hedge funds and multi-manager platforms, high and low turnover portfolios, portfolio managers as well as investment oversight, the Essentia Analytics service is used by leading investment managers around the world to prove – and improve – investment skill.