CBOE to Use Aqumin Business Intelligence Tools
The Chicago Board Options Exchange, the largest U.S. options exchange handling a third of daily options volume, has purchased Aqumin's AlphaVision Enterprise Intelligence technology, which CBOE plans to use for a variety of data management and evaluation activities. Aqumin specializes in the integration of large scale financial data into a visual environment.
AlphaVision will be used to enhance data management systems already in place. It is hoped that it will allow CBOE personnel to visually track, monitor and evaluate areas of interest faster, more efficiently and with greater accuracy than was possible before. Aqumin's Enterprise Intelligence tools support business intelligence, surveillance, regulatory, and risk-management activities.