The new company will be chaired by David Priestley who is joined by Chief Technology Officer Lee Campbell, Riyaz Mulla who will manage the off-shore services operations in India and Brazil and Romil Shah leading Business Consulting services.
David said, "Lee, Riyaz and Romil were part of the management team at Raft International, and together provide a wealth of experience in the risk analysis arena. It is our view that few companies have the appetite for major new projects in the current climate. CubeLogic will combine highly trained on-shore and off-shore resources and some new technologies to deliver incremental improvements in our clients risk reporting."
We have developed RiskCube, a multi-dimensional exposure analysis tool that will enable portfolios to be sliced and diced with complete flexibility
In addition to the RiskCube and deep expertise in trading and risk, CubeLogic will offer a full range of services and best practice solutions including;
â¢ Programme management using traditional Waterfall and Agile methodologies
â¢ System configuration
â¢ Interface design and implementation
â¢ Third party risk engine integration
â¢ Business process engineering
â¢ Migration to new versions of risk systems
â¢ Platinum level 1 and 2 support using two time zones in India and Brazil to provide extended coverage
â¢ New report design and implementation
â¢ Business integrations
CubeLogic operates from offices in India, Brazil and London and plans to open a US operation in the New Year.
Firm Economics established in 2006 and based in London invests in growth technology companies in the finance and commodities sectors.