![]() Risk management is also an ever-present consideration. We're looking at charts and trying to define what we see in measurable signals and indicators – pullbacks, waves and other indicators that we've determined are significant." ![]() A lot of this analysis involves pattern recognition. ![]() "Instead of taking a half-day to run these routines on my desktop PC – which also impacted my productivity – we are now able to get our answers in a few minutes. "We secured a virtual-machine license and moved these analytical procedures to the cloud," Mindlin said. Even a simple update to five moving averages or a report on overbought/oversold securities can result in thousands and thousands of calculations. Moving to a virtual machine for greater performanceįirst Allied runs its analytical models every week to gain updated visibility into the technicals of ETFs, individual stocks, sectors and the top 1,000 stocks (by market capitalization). Since we have daily pricing data from Morningstar and other sources – that extends back decades – we're looking at tens of millions of rows and several gigabytes of data." We're running a very deep set of calculations and metrics across numerous periodicities. "On the technical analysis front, we have a universe of about 1,000-2,000 candidate stocks and exchange traded funds (ETFs). "Our chief investment officer is a Chartered Market Technician (CMT), so our challenge is to translate the most critical charts and patterns into SAS models that identify the measures he focuses on the most," Mindlin said. ![]() ![]() "We rely on SAS for many of our investment decisions as it provides the framework for our quantitative infrastructure," Mindlin said.įirst Allied uses SAS for a variety of technical and macroeconomic analyses, and a broad range of financial modeling to support the investment decision-making process. First Allied uses SAS to help manage more than 100 different investment models. Under the direction of Jeff Mindlin, Chief Portfolio Strategist, teams of First Allied investment professionals develop detailed analyses that guide the investment recommendations the firm provides its financial advisors and their clients. One of the linchpins to this successful track record is the contribution of its asset management division based in Scottsdale, AZ, which handles more than $1.1 billion in client holdings. ![]()
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