Quantile Technologies News Today

<p><span>Quantile Technologies (“Quantile”), the provider of multilateral optimisation services, today announced that it has strengthened its product team with the addition of Esben Urbak and Rami Atieh as Senior Product Managers. Rami joined in November, while Esben joined earlier in 2021, with both reporting to Varqa Abyaneh, Chief Product Officer.</span></p>

<p><span>Quantile Technologies (Quantile), a leading provider of multilateral optimisation services, today announced the appointment of Guido Van Ingen as Head of the Netherlands and Relationship Management. He started the role in November 2021 and reports directly to Andrew Williams, CEO.</span></p>

New appointment brings more than 20 years’ experience in financial markets to Quantile, having previously served at ABN Amro Bank, Merrill Lynch and ING.

The Patent Trial and Appeal Board has invalidated a Swedish company's patent on an automated process for terminating over-the-counter derivative contracts under Alice and rejected a revised bid to amend the claims, handing a win to challenger Quantile Technologies Ltd.

First Derivatives to report tomorrow It is quiet on the corporate earnings front this week. In the US, several companies report with quarterly period ends ending April, with Cisco the highlight, while in the UK, it is subdued as we transition to March period end results. The week ahead In the UK, Cerillion PLC (LON:CER) reported its interim results ending March today, while First Derivatives plc (LON: FDP) reports its final results, ending February, tomorrow. Also, Blue Prism Group PLC (LON:PRS...

Quantile Optimises Eight New Cleared Currency Pairs At LCH ForexClear Date 29/04/2021 Quantile Technologies (Quantile), a leading provider of multilateral optimisation services, has become the first vendor to offer optimisation of cleared USD/CAD, USD/DKK, USD/MXN, USD/NOK, USD/NZD, USD/SEK, USD/SGD and USD/ZAR non-deliverable forwards (NDFs) within their initial margin (IM) optimisation runs for foreign exchange. Preliminary runs saw Quantile successfully incorporate five of the new curr...

Investegate, First Derivatives annual performance meets expectations by BFN News From InvestEgate

Print this page   The once monopolistic market for portfolio optimisation is entering a fresh era of competition and investment, as a new leverage regime nudges dealers to adopt next-gen rebalancing services in place of traditional rates compression. In January, Quantile Technologies – one of the earliest rivals to first-mover TriOptima in rates compression – secured a $51 million investment from US private equity firm, Spectrum Equity. The same month, IHS Markit pumped $113 mi...

The stake is being sold for a cash consideration of £11m (€12.7m). This represents a total gain of £10m on the initial cost of the investment, and a £7m gain on the current carrying value. Following the sale, First Derivatives will retain a minority stake in Quantile. In a statement yesterday, First Derivatives said the investment initially occurred as part of its strategy of assisting companies that were adopting KX technology. KX technology enables high-performance, in-memory computing, ...

Quantile Technologies Secures $51 Million Growth Investment From Spectrum Equity Date 14/01/2021 Quantile Technologies (Quantile), a leading provider of portfolio optimisation services for the global financial services market, today announced that it has received a $51 million (£38 million) minority investment from Spectrum Equity, a leading growth equity firm focused on Internet-enabled software and information services companies. The investment will accelerate the next phase of Quanti...