BackLive Labs
Financial Services - Chicago, Illinois, United States
BackLive Labs Employees
BackLive Labs Details
BackLive is the first web platform offering backtesting and automated trading to every equity investor. What once required a software development department is now at the tip of any investor's fingers in a point-and-click environment that includes fundamentals, economics, ETFs and technicals. BackLive fills a hole in the market between simple inflexible retail offerings and extremely expensive professional tools. Current access to state-of-the art stock strategy implementation either requires an in-house team of programmers or software that is often too costly, in-flexible, or cumbersome to use. The BackLive platform remedies this situation by providing affordable online access to sophisticated tools that obscure the complexities involved with building and validating superior trading strategies, in a user-friendly interface akin to the experience typically found in social community based web apps. Our Philosophy: BackLive Labs' philosophy is to let the data speak first. By creating virtual test environments that strive to replicate as closely as possible the conditions and parameters of a past period, BackLive web solutions provide valuable insights that inform intelligent decision making in the future. In the stock market, even when investors do have access to all the data necessary to make informed decisions, they are often misled as to what factors truly drive superior returns, unaware that some of these factors may change over time, or lack the tools to explore their own ideas. BackLive's mission is to provide investors with the power to quickly separate weak strategies from those that are likely to be profitable, without the need for a team of analysts or programmers. When an "expert" on a financial TV network or blog touts a stock because it ranks high on any given metric, BackLive's goal is to answer the question, "how would a strategy of selecting stocks based on this metric actually have performed?"
