Home » Industry Expertise » Financial » Quant Support

DataArt News

DataArt Named to Inc. 5000 List of America’s Fastest-Growing Private CompaniesAugust 26, 2010DataArt was named to the prestigious Inc. 5000 List, a compendium of the most entrepreneurial and fastest growing companies in Am...
DataArt to Develop Mobile Banner Ad Apps for TexTango™August 11, 2010DataArt was selected by TexTango™, a mobile marketing startup based in San Diego, to build a series of mobile ad applications to...
FX Bridge Selects DataArt as a Project Technology PartnerAugust 03, 2010DataArt today announced it has been selected by FX Bridge Technologies Corporation as a project technology partner in migrating i...

Industry Expertise:

Financial

Quant Support and Financial Engineering

Apart from development of applications for financial industry DataArt also runs several ODCs of quants (Quantitative Analysts). Thanks to the access to top-of-the line math and computer science talent in St. Petersburg, Russia and affiliations with world-famous math schools - St. Petersburg State University and University of Fine Mechanics and Optics DataArt can find the best specialists working as quants for DataArt clients. DataArt also runs its in-house educational program focused on financial modeling which allows to attract and train more secialists.

General Financial Mathematics Knowledge of the Quants Group Specific Skills

Probability; Statistics; Markov chains
Econometrics; Portfolio theory; Financial time series, Regression analysis
Statistical pattern recognition, Clustering, Neural networks
Optimization – convex and global; Adaptive Random Search; Dynamic programming; Multidimensional Optimization
Stochastic calculus (Ito, martingales)
Options pricing / hedging; Models calibration
Regression methods for American options
Monte Carlo and Quasi Monte Carlo; Variance Reduction methods
Simulation with Copulas
Utility theory; Portfolio optimization with capital gains
Risk measuring (VaR, CVaR)
FI modeling (HJM, Libor) and Credit derivatives

Specific skills:

C#/C++; Matlab/Maple; VBA.Excel; SQL
Extensive experience in numerical programming (PDE; finite elements; wavelet methods)
Quasi Monte-Carlo and Sparse Grids for high-dimensional integration, optimization and PDEs
equity trading algorithms of mean-reversion type
Automated trading systems development and implementation

Success Stories

“	DataArt was chosen for its unique offering among offshore software vendors: deep expertise in the Alternative Asset Management space, which was critical in HedgeSpeed's selection process.	„
	John DiRocco, CEO, HedgeSpeed www.hedgespeed.com

“	Thank you very much for the hard work and dedication you all put in to completing the V5.2 testing for Orbian. I have been impressed by your perseverance, attention to detail and the general good progress made. It has been a long project but we completed the testing to the original plan, something both I and Orbian are very happy about. It will be good to finally put V5.2 live, a project which has been running for over a year.	„
	Dave Allison, CTO, Orbian www.orbian.com

Clients & Partners

Media about DataArt

The Future of Outsourcing
DataArt is featured in Business Week magazine's cover story "The Future of Outsourcing".
DataArt and the Global Financial Meltdown
"Alexei Miller, DataArt's Executive Vice President, talks to Steve Hamm, a senior technology writer with BusinessWeek, about the impact of financial crisis on IT outsourcing providers."

More Media about DataArt ...

High-End Software Development Services