About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Datawatch Acquires Panopticon

Subscribe to our newsletter

Visualisation specialist Panopticon Software is being acquired by Datawatch, in an all stock deal valued at $31.4 million. The deal should close by the end of September, subject to Datawatch shareholder approval. Before agreeing this deal, sources say that Panopticon was in discussions with partner SAP to be acquired by that company.

Datawatch focuses on “information optimisation” with a platform that can extract data – structured, semi-structured and unstructured – stored in many formats, such as in databases, EDI streams and PDF files, model it and make a unified view available across enterprises. The company cites performance and financial analysis, analysis and distribution of broker reports, and meeting compliance goals as solutions it has in place for the financial services vertical.

The addition of Panopticon will bring Datawatch a highly functional visualisation capability, with a heavy focus on financial markets applications, notably analysis of realtime market data – characterised by some as ‘big data in motion’.

Datawatch believes that by “associating all relevant data in a visually-rich, real-time analytical environment enables businesses to isolate and resolve problems as they occur, perceive hidden patterns, track emerging market trends, and identify opportunities for competitive advantage and improved business processes.”

As well as technology, Panopticon also brings a number of financial markets partnerships to Datawatch, including with Thomson Reuters, Kx Sytems and SAP.

Indeed, Panopticon often teamed with SAP in marketing initiatives for SAP’s HANA in-memory database and sources say the two companies were in acquisition discussions that ended fairly recently.  Panopticon did not respond to an email seeking comment.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlock the Future of European Equities & Trading Technology: 2024 and Beyond!

In a world where the financial landscape is perpetually evolving, 2023 has brought widespread discussions around liquidity, regulatory shifts in the EU and UK, and advancements like the consolidated tape in Europe. For the year ahead in 2024, the European market is poised for transformative changes that will influence the future of trading technology and...

BLOG

2024: Why FX Liquidity Provision Analysis (LPA) will Come Into its Own

By Daniel Chambers, Head of Data & Analytics at BidFX (an SGX company). As we usher in 2024, the world of market infrastructure is abuzz with anticipation, particularly in the foreign exchange (FX) markets where investors hang on every word uttered by central banks around monetary policy. Looking ahead, the New Year promises an increased...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

The Data Management Implications of Solvency II

Bombarded by a barrage of incoming regulations, data managers in Europe are looking for the ‘golden copy’ of regulatory requirements: the compliance solution that will give them most bang for the buck in meeting the demands of the rest of the regulations they are faced with. Solvency II may come close as this ‘golden regulation’:...