T H E M O D E L O F S C I E N C E
We follow a scientific process in investigating financial markets:
question ► hypothesis ► observation ► induction
question ► hypothesis ► observation ► induction
S Y S T E M A T I C
Our investment process is 100% systematic (algorithmic).
We design, develop and manage all of our investment strategies in our computers.
We design, develop and manage all of our investment strategies in our computers.
H I S T O R I C A L P R I C E D A T A
We analyze historical price data.
Our R&D universe is composed of 1,125 years of market data (75 markets x 15 years).
Our R&D universe is composed of 1,125 years of market data (75 markets x 15 years).
Q U A D - C O R E E N G I N E E R I N G
We currently have 220 investment engines running on 55 global markets (4 x 55).
So that's 4 separate investment engines underlying every asset and market.
Each investment engine runs a highly specific investment strategy.
So that's 4 separate investment engines underlying every asset and market.
Each investment engine runs a highly specific investment strategy.
V A L U A T I O N E N G I N E S
Valuation engines place a premium on the value --the price-- at which
the securities underlying a market can be purchased.
the securities underlying a market can be purchased.
R I S K D Y N A M I C S E N G I N E S
Risk dynamics engines place a premium on the risk characteristics of
the securities underlying the market.
Within these 2 broad engine categories, we then have 4 further engine types:
the securities underlying the market.
Within these 2 broad engine categories, we then have 4 further engine types:
W E I G H T E D E N G I N E S C O R E S
We dynamically weigh our engine scores based on the success of their performance delivery.
M U L T I - F A C T O R A N A L Y S I S
Our latest investment engines process a multiplicity of factors.
These factors can work in combination or isolation.
We run a bottom-up investment process.
Individual security analysis drives market scores.
MICRO ANALYSIS DRIVES MACRO VIEWS.
For the US Large Cap market:
We analyze the 505 individual companies that underlie the S&P 500.
If we rate most of these companies as 'low-risk:'
a low-risk market score will be generated for the US Large Cap market (score of 100/green).
If we rate most of these companies as 'high-risk:'
a high-risk market score will be generated for the US Large Cap market (score of 0/red).
We systematically analyze and evaluate 4433 companies. Every week.
These individual company scores are aggregated market by market.
Thereby determining the final risk scores that we generate across equity markets and regions.
These individual company scores are aggregated market by market.
Thereby determining the final risk scores that we generate across equity markets and regions.
G E N E R A T I O N A L U P G R A D E S
Over the years, we have made a number of important upgrades to our engine architecture
S U M M A R Y O F K E Y N U M B E R S
- Quad-core engine architecture
- 220 multi-factor investment engines
- 1 125 years of market data for research & development
- 4 433 individual companies systematically evaluated every week
- 8 years of system development
- 330 000 lines of code
- 4 1/2 year track record
