Alphacet, Inc., a developer of innovative software solutions for quantitative analysts, portfolio managers and traders, today announced that it has partnered with Lakeview Capital Market Service GmbH, an investment, technology and consulting provider based in Starnberg, Germany, to broaden the reach of Discovery, the only straight through processing solution for quantitative strategy development and deployment.

According to the agreement, Lakeview will market and sell Discovery services to European prospects. Lakeview also will offer independent client customization, application integration services as well as offering unique quantitative modeling consulting services to customers interested in systematic research and trading.

“We are excited to offer and support this cutting edge modeling and backtesting solution, which will complement our existing partner offerings within the execution space,” said Peter van Kleef, managing director for Lakeview Capital. “By combining the Alphacet Discovery platform with our leading execution-focused consulting services, we can arm clients with the technology and knowledge necessary to create and implement successful quantitative financial strategies.”

“Lakeview’s extensive experience and deep understanding of the quantitative financial field make it the ideal partner for introducing Discovery to the European market,” said Peter Sibirzeff, chief executive officer for Alphacet. “Through this partnership, we now can deliver Discovery to financial institutions across the globe – providing all quants with the opportunity to decrease strategy time to market and develop smarter financial models.”

Alphacet Discovery is the only off-the-shelf, straight through processing alpha generation platform on the market. With Discovery, users can develop, back test, walk forward and launch strategies seamlessly from one fully integrated platform to reduce strategy development time by up to a factor of five.

Discovery received top ratings from the Aite Group in its 2008 “The World According to Quants” report and was nominated as a finalist for The Technical Analyst’s Best Automated Trading Product award in 2009.