For three decades, Bloomberg and Refinitiv terminals have dominated access to trading data and tools. If they remain essential for a majority of professionals, their architecture is based on fragmented, expensive systems and not very suitable for the evolution of practices. The arrival of new solutions, built from the outset for the cloud and data science, comes to question this status quo.
It is in this context that Allasso, a young Fintech based in Geneva, offers an API-STIF and WEB BASED interface. Its COPILOT product combines analytics, backtesting, ideas, historical analysis and scenarios management. The objective is to provide on a single screen an integrated vision of financial data, based on twenty years of structured datasets.
Felix Euler, co -founder and former trader, explains: “L‘Trading industry has been slowed down for too long by fragmented and obsolete systems. At Allasso, we want to transform the experience of financial market professionals, but also meet the expectations of the new generation of data science graduates that require better tools. Whether it is hedge funds, brokers or systematic trading companies, our analytics solutions offer professionals the clarity necessary to make more rational decisions and better control the risk. His partner, Vadim Cissa, brings an expertise from data science, with the ambition to anchor the product in the uses of the new generation of traders.
The promise of Allasso is based on a different reading of market priorities, namely that financial institutions already have exhaustive monitoring tools, but are struggling to exploit them in real time for decision -making. API-STH and compatibility with data science environments allow traders to directly integrate insights into their own models, and no longer to limit themselves to a frozen terminal.
This trend more broadly reflects the emergence of actors who dispute the hegemony of historical systems. In Europe, BMLL Technologies is already developing cloud -oriented market solutions. In the United States, Databento and Koyfin target a similar segment with a simplified approach to analytics. The difference, according to Allasso, is in the ability to combine Pre-Trade Analytics and Risk Management in the same environment.
Founded in 2022, Allasso raised 2.5 million euros during a round table led by Fuel Ventures, accompanied by Business Angels. The company plans to use this funding to accelerate its marketing and expand its coverage to future, ETF, FX, shares and crypto obligations. It was created by Felix Euler and Vadim Cissa, which accumulate several decades of experience in the financial markets and data science.
