Pragma Financial Systems, a New York-based quantitative financial software provider, has hired Dr Eran Fishler as vice president of quantitative engineering. Fishler will lead development of short-term risk models and algorithms for TradeEngine, Pragma’s advanced trading platform, which integrates portfolio selection, risk management and algorithmic execution.
Fishler joins Pragma from Hite Capital Management, where he worked as a research analyst developing equities trading risk models for long-short investment strategies. He holds an MBA from the Stern School of Business at New York University and a PhD in electronic and electrical engineering from Tel Aviv University in Tel Aviv, Israel. He is also currently serving as an adjunct professor in the Computer Science Program at The Courant Institute of Mathematical Sciences at New York University.
“Eran is a valued addition to Pragma’s already strong quantitative engineering team,” said Dr. Peter Fraenkel, director of quantitative services and head of the quantitative engineering group at Pragma, in a statement. “His vast experience in applying advanced statistical methods to various scientific and mathematical problems will greatly enhance Pragma’s ability to provide innovative solutions for advanced algorithmic trading strategies.”