Timely and accurate analysis of financial data Securities trading has changed dramatically during the past several years. Advances in computer and telecommunications technology have enabled nearly instantaneous transfer of information from one part of the world to another. This information explosion has accelerated the pace of an already lightning-fast business, allowing securities traders to see market fluctuations as they occur, thus letting them make decisions faster than ever. Managing other people's money is serious business, and traders need every edge available to help them make astute and timely decisions. Instant, complete and concise information is vital to their decision-making process.
Data feed into the database at one-minute intervals.
They are then used to create graphical images for analysis. PV- WAVE allows Chemical Bank to use its own financial data instead of those provided with old turnkey packages. Now the exchange of data can be customized to fit individual markets. For instance, someone in London can look at data pertinent to the U.S. market, deleting everything that happened when the American exchange closed. Our traders must make rapid and astute decisions.