QuantHouse, the advanced trading solutions provider, announced today that Metori Capital Management will be using the QuantFACTORY algo-trading development framework to automate its trading portfolio.
Metori Capital Management, headed by former executives of LYXOR Asset Management, was set up to manage the EPSILON funds, worth approximately EUR 400 million, as an independent firm. The QuantHouse deal allows Metori Capital to manage the EPSILON funds through its automated trading portfolio technology based on QuantFACTORY. Metori Capital will code its portfolio management rules into QuantFACTORY, and thus be able to review, fine-tune and optimise each element of the automated trading cycle.
Commenting on the deal, Nicolas Gaussel, CEO and Co-CIO, Metori Capital said, “Lyxor’s Epsilon team has been working with QuantHouse over the years through its QuantFACTORY technology, allowing full portfolio trading automation making them the natural choice to automate Metori Capital’s trading portfolio solution. We have been impressed by the technology’s performance, resilience and stability, and look forward to working together as we go into operation this year.”
Stephane Leroy, Business Co-Founder and Chief Revenue Officer, QuantHouse, said: “We are delighted to welcome Metori Capital to the QuantHouse client community. In today’s trading environment, both trading ideas and speed to market are of the essence. Firms must be able to test, develop and launch new trading strategies as quickly as possible ensuring the highest level of risk control. We’re delighted to work with Metori Capital to help them achieve full trading automation and business performance.”