Dynegy, a leading US power generator, has chosen to use Updata Professional, a suite of advanced analytics, on their power and natural gas trading desks. Updata Professional helps energy traders optimize trading decisions and increase profits by providing advanced technical analysis, strategy backtesting, and the ability to link multiple external and internal data sources.
Dynegy selected Updata Professional to improve trading performance by using state-of-the-art technical analysis and to back-test trading strategies prior to use in live trading.
Rob Garfield, Senior Vice President of Business Development at Updata, said, "Updata is rapidly growing in the US because our platform adds significant value to energy traders. Dynegy has recognized this value and we are pleased to add them to our expanding client list."
About Updata
Updata provides advanced trading analytics and tools for professional traders to improve profits. Updata's software is used at over 150 top banks, brokers, and trading firms in over 50 countries, and has won best technical analysis platform three times ahead of Bloomberg, CQG, eSignal, Metastock, and Tradestation. Updata Professional runs on over 20 data sources including: Activ, Bloomberg, eSignal, FutureSource, IDC, LIM (Morningstar), SunGard Fame, Thomson Reuters, and ZEMA. For more information, go to: www.updataTA.com.
Contacts:
Updata
Rob Garfield, 646-400-5887
