Real-time analysis and time-series predictions based on billions of data points

Machine learning and data analytics for one of the world’s leading sports advisory trading companies.

01 Challenge

LBP, one of the world’s leading sports advisory trading companies, were looking to enhance their real-time analytics capabilities for their rapidly expanding business. As ever more data became available, management wanted to develop sophisticated state-of-the-art, deep-insight, data-driven decision making tools, to inform and enhance trader decisions beyond typical analytics tools.

The challenge was how to manage and effectively utilize their vast amounts of data which had been collected in many years, but not used properly due to lack in data-structure and analysing capabilities. LBP wanted to connect billions of data points from myriad data sources to find patterns and achieve deeper insights in their client-advisory team on potential market-development throughout market events.

02 Solution was approached by LBP to scope and develop a POC (Proof of Concept) of an initial real-time data-driven decision-making tool. tackled this task by investigating and prioritizing data sources. Then cleansed and structured the data—culminating in an API compiling all data with lowest possible latency.

After delivering a successful POC, LBP and Halfspace entered into an agreement about developing a deep-insight data-driven decision making tool. The proprietary software tool has since been developed to include several machine learning algorithms and prediction models to better forecast the outcome of live football matches.

03 Helping LBP staying ahead

LBP and have throughout recent years developed a strong relationship, working together on many innovative and ground breaking data analytics- and decision-making tools.

Recently LBP and have initialised several new machine learning development projects together, to ensure LBP’s position as a world Top 20 ranked sports advisory trading company.

“Halfspace is the best-in-class software developer for our business. As our go-to development partner, Halfspace has kept us ahead of the curve and the competition every step of the way.”

Dr. jur. Thomas Dillon

Managing Director, LBP