QuantHouse, a trading solutions provider, has announced that Société Générale Asset Management Alternative Investments (SGAM AI) is to use QuantFACTORY to develop, back-test and execute trading models.
QuantFACTORY is the QuantHouse.NET trading strategies development framework. It offers a set of tools for quantitative trading strategies development and automation for hedge funds and institutional program trading companies. The .NET framework allows firms to rationalise trading strategies and development cycles by using an integrated development environment from research and development to back testing and execution.
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, SGAM AI, in a statement. “Reliability, time to market and financial performance are key success factors for us. By using QuantFACTORY, we have significantly reduced the time to market and improved our productivity as we concentrate our teams on core businesses, i.e. trading model development and execution.”