Wednesday, November 06, 2024
Fintech Connect Leaderboard | FFNews

QuantHouse wins ‘Data Provider of the Year’ at the 2017 FOW Asia Awards

QuantHouse has been awarded ‘Data Provider of the Year’ at the FOW and Global Investor Asia Capital Markets Awards 2017.

The Asia Capital Markets Awards are an expansion of FOW’s Awards for Asia programme and represent the largest buyside-leddata,capital markets awards in Asia. The categories are multi-asset class and recognise the very best achievements across the Asian capital market industries. The FOW and Global Investor editorial team created the shortlist based on eligible entries, which were then judged by a carefully selected panel of industry experts drawn from across the market in a range of disciplines.

Arthur Tricoire, Managing Director, APAC, QuantHouse, said: “We are delighted to be recognised for our work in the Asian markets through the ‘Data Provider of the Year’ Award. We have seen a clear appetite in Asia for proven, end-to-end managed automated trading solutions and a rising sophistication of requirements in terms of performance and features, and remain grateful to our clients and the industry for their ongoing recognition in this field.

QuantHouse witnessed a gap in the Asian market for an end-to-end service combining high performance market data applications with underlying infrastructure services and software with dedicated features to support the operations of quantitative trading strategies. In 2013 QuantHouse opened regional headquarters in Singapore, delivering the full scope of QuantHouse solutions to Asian trading participants including proprietary trading groups, hedge funds and execution and clearing services providers. At launch, the team on-boarded global clients operating in the Asian markets and then developed a base of local clients looking to benefit from the same capabilities. The number of clients headquartered in the region now totals about 40, with 16 clients on-boarded within the last 12 months.

Commenting on the win, one judge said, “Quanthouse is playing a very important role in increasing the sophistication of the trading room in Asia. Its client growth testifies to its relevance and importance in the market. A great team, doing great work.”

A second judge added, “Quanthouse is plugging a very critical gap in the market and its investment in Asia and the low latency market sets it apart from some of its rivals. I also like the fact that it can be easily set up within existing architectures.

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