Quantbot CEO & Co-Founder Talks Evolution of Data Science

Speaking at the Neudata Summer Online Summit 2021, Quantbot Technologies CEO and co-founder, Paul White, presented “When Data is Everything,” where he talked about how far we have come in the world of data science.

During the presentation, White discussed how Quantbot manages its ever-growing data science demands utilizing tools from Code Willing and Options IT for smart task routing in the private and public clouds.

One of the tools they are currently using is CASFS+, a cloud-based file system and cloud resource manager built by Code Willing. 

In particular, White dove into costs and how working with CASFS+ has given them the ability to control a user’s budget. 

When working with data science, the amount of data stored is continuously growing. While having as much information as possible is desirable, it can also present a problem when researching the data and attempting to keep costs to a minimum.

When using the CASFS+ program, Quantbot can set budget controls for every user, ensuring no one will exceed their budget. Ultimately, allowing the company to rest easy knowing that the cost they foreshadowed will indeed be the actual cost in the end. 

Currently, CASFS+ is available as a fully-managed option directly through Code Willing. For those working with a more refined budget, Code Willing will soon provide CASFS+ as a self-service option through the AWS Marketplace. 

 

Click here to review the entire presentation of “When Data is Everything.”

 

MIT Students Leverage Code Willing Technology for Quantitative Finance Research Project

MIT utilizes Code Willing for Research

Code Willing is working with the academic sector to advance research in the field of Quantitative Finance.

Quantbot Technologies LP, a global quantitative hedge fund and Code Willing client, is constantly looking for new research opportunities and partnerships but is often restricted due to the highly proprietary nature of their work. With Code Willing managing the Quantbot data and cloud infrastructure, it enables Quantbot to engage external research teams via consulting arrangements. Through the use of the Code Willing technology suite, Quantbot can provide tightly controlled access to clean data and the virtually unlimited resources of cloud computing infrastructure.

Recently, Quantbot worked with several student groups participating in a month-long MIT Sloan 2019 Finance Research Practicum course. The students performed real research for Quantbot in a secure environment running on Amazon AWS with strictly controlled access to the clean datasets they needed.


Without the Code Willing platform there’s really no way we would have been able to host these projects. Now we have the ability to run almost limitless amounts of additional research projects with no risk of impact to our internal systems.”

– Paul White, President and CTO of Quantbot

 

Hugh Alexander Joins Code Willing as Chief Technology Officer

Hugh Alexander is CTO of Code Willing.

Code Willing, an independent global provider of quantitative research and trading solutions, has announced that Hugh Alexander has joined the company as Chief Technology Officer (CTO). Hugh will draw upon his extensive expertise in the financial information and technology industry to drive the continued global growth of Code Willing.

Hugh brings a wealth of knowledge about designing stable, cost effective infrastructures for efficiently managing the raw materials that quantitative research and trading requires.


Hugh Alexander’s experience and background leading teams of quantitative researchers and traders will ensure that Code Willing continues to lead the market in developing quantitative tools that improve decision-making, analytics and trading decisions of our customers.”

– Baron Davis, CEO Code Willing


Hugh has been successfully building quantitative trading tools and platforms since 2004, where he served as Managing Director and Chief Operations Officer for a very successful quantitative trading desk at one of Wall Street’s largest banks. Hired in 1996, his prior roles were as VP/ED in the technology organization leading their time series engineering and real time market data development teams.  

Hugh commented, “It’s an exciting time for financial data analysis that can take advantage of the almost infinite scale of cloud hosted processing and storage. Code Willing has a very unique product suite that is tailored for the quantitative trading team enabling them to focus on what they want to: Quantitative Research and Trading. Code Willing’s technology is an essential foundation for successful trading decisions driven by quantitative methods. I am thrilled to be able to lead the technology talent at Code Willing and guide the continued development of their platform into a world class product.”