Financial services

SGAM AI chooses QuantHouse

7 July 2008

SGAM Alternative Investments (SGAM AI), a wholly-owned subsidiary of Société Générale Asset Management, has selected QuantFactory, the QuantHouse.NET trading strategies development framework to develop, back-test and execute trading models.

SGAM AI has developed by combining active asset management processes with a capital market culture that mixes innovation and risk management. Based on a .NET framework, the QuantFactory suite of products allows financial firms to rationalise trading strategies and development cycle by using an integrated development environment across the research, development and back-testing execution cycle.

“We are delighted to have the opportunity to work with one of the financial community’s main alternative investment firms,” said Pierre Feligioni, CEO and founder of Quant House. “This additional QuantFactory success shows the excellence of QuantHouse technology and the high level of commitment of our entire staff.”

“It is imperative that trading tools used to develop, fine-tune and execute trading models are state of the art,” said Arnaud Chretien, head of global CTA at SGAM AI. “Reliability, time to market and financial performance are key success factors for us. By using QuantFactory, we have significantly reduced time to market and improved our productivity as we concentrate our teams on our core businesses of trading model development and execution.”