to develop, back test, simulate and execute powerful program trading strategies.
By combining ultra low latency market data technologies to QuantFACTORY suite of products, Quant House is doing a strategic move towards building the first end-to-end program trading solution to help hedge funds, proprietary desks and program trading firms to optimize their trading strategies development cycle to trade ahead.
With already more than 60 clients globally, QuantFACTORY is already a stable and well known solution among the growing community of program trading firms.
Pierre-FranÃ§ois Filet, CEO & Founder of Quant House, commented :
"This acquisition is part of our vision to build a complete end-to-end program trading solution portfolio to help program trading firms to trade ahead. Program trading development tools were already in our DNA as the main founders of Quant House are former quant developers and IT advisors of a London based arbitrage hedge fund. Iâm delighted to welcome Dr Anton Fokin as Strategic R&D partner, he will bring a significant expertise and will participate with us in future QuantFACTORY evolution.â
Dr Anton Fokin, CEO & Founder of SmartQuant, added :
"Iâm very enthusiast and look forward to work with Quant House leadership team as I believe that combining the development skills of SmartQuant with the market data technology, support services capabilities, engineering know how and go to market expertise of Quant House will soon create a market leader in program trading development solutions.â
StÃ©phane Leroy, Head of Global Sales and Marketing at Quant House, commented :
âThis strategic move is also clearly the answer to a growing number of clients requesting leading edge solutions to shorten the time from an initial trading model idea to the moment itâs live on the market.
With QuantFACTORY suite of products, our clients will optimize their development cycle going through research, development, back testing and execution phases much more rapidly and efficiently. Clients will save time and budget by focusing on their core business rather than devoting efforts to searching and building ad-hoc technologiesâ