QuantHouse Continues Expansion with New Premises and Senior Appointments

31 August 2011

QuantHouse, the leading provider of next generation trading solutions, today announced the latest details of its company expansion having secured a significant portfolio of client wins, product developments and increased connectivity throughout the year. This has culminated in strong business growth, the relocation of its London office and two senior appointments.

More than 120 clients are spread across a diverse range of business verticals, including sell-side (Newedge, Otkritie); buy-side (Systematic Alpha Management, Vegasoul Capital Management); exchanges and MTFs (London Stock Exchange, BATS); and technology (Marvelsoft, Greenline) companies in the US, Europe and Asia.

This year, QuantHouse introduced its QuantLINK Broker Program, which enables access to QuantHouse’s trading infrastructure via different brokerage firms, and more recently, its European Best Bid and Offer implementation as part of the existing suite of QuantFEED products. In total, QuantHouse now has access to 15 global data centres, 45 direct exchange connections and more than 90 total exchange data feeds.

The firm’s status as an innovative market leader was reinforced when QuantFACTORY, the company’s alpha generation platform, was awarded ‘Best Automated Trading Product’ by Technical Analyst. Furthermore, QuantHouse has recently been shortlisted for ‘Best Data/Product Service’ by Financial News, in setting a high industry standard.

Now located at 10 Foster Lane, in the heart of the City between West and East London, QuantHouse delivers greater accessibility to current and future clients. The move marks the start of what will be a series of steps towards opening an office in Asia within the next 12 months adding to existing facilities in New York and Paris.

In line with business growth, the company has 90 employees with over half of the team dedicated to R&D and producing a constant stream of innovation. Furthermore, QuantHouse is delighted to announce two senior hires in Philippe Iteney and Laurence Saunier as the firm’s chief information officer and chief financial officer respectively.

Previously, Philippe was CIO at Traderforce. Prior to that, he was working for Reuters. Philippe holds an Engineering degree in Computer Science from EPITA. Most recently, Laurence was CFO at AramisAuto.com, and before that, she was working for SunGard Global Trading. Laurence holds a Business School degree in Finance from ESSEC.

Pierre-François Filet, chairman and co-founder of QuantHouse, commented:

“Our outlook for the business is positive in the immediate future and beyond. QuantHouse has an established presence across several major financial centres and in order to grow that further, namely in Asia, recruiting the best talent from across the industry will remain a priority. On top of this, QuantHouse will focus on maintaining an unparalleled customer service to deliver solutions that best serve our clients’ needs.”

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