George KayeFounder and CEO
George Kaye has over a decade of experience as a quantitative analyst (‘quant’) in the investment banking industry. Starting at Credit Suisse First Boston’s Product Development Group in 1999, George quickly specialised in the field of equity derivatives, building models and infrastructure for the trading desks. In 2006, he left to join the Derivative Analysis Group of Goldman Sachs, where his responsibilities focused on building a methodology for model risk analysis of the firm’s equity derivatives positions. In 2010 he returned to the front office, working in the equity derivatives section of the Quantitative Analysis Group of UBS Investment Bank, leaving at the end of 2011 to build his own derivatives software company.
George holds a PhD in theoretical physics from the University of Cambridge, and has published a book on equity derivative model risk, The Value of Uncertainty: Dealing with Risk in the Equity Derivatives Market under Imperial College Press.
Marc TuckmantelHead of Product Development
Marc joins us from Goldman Sachs, where he worked as a front office strategist on the equity derivatives desk in London. In his four years at the firm Marc extended tools for quoting and risk management of flow products, implemented pricing models and developed propietary algorithmic indices based on trading strategies for clients of the equity exotics desk. Before he joined Goldman Sachs, Marc worked as a doctoral researcher in CERN, conducting research into elementary particle physics and superstring theory.
Michael ArmitageChief Technology Officer
Michael comes to us with over 10 years of experience in various asset management roles within futures settlements, trading and private wealth management.
With a background in Actuarial Science, he hit the ground running in his career when he automated his own job at JP Morgan AMSG and quickly progressed into a development role. He then went on to work at the hedge fund Bluecrest working with the Rates and RV trading desk to streamline their process for real-time reporting.
As IT Director for Stanhope Capital, Michael was fundamental in the creation of an entire business workflow solution, including trading, reconciliation, reporting, billing and risk management applications in a micro-service architecture. He was also influential in brokering the deal to transfer himself and his software portfolio to BRT, a business process outsourcing and bespoke software solution provider for wealth managers, funds, private banks and trusts. Assuming the role of Chief Architect, he created a white label SAAS version of the solution which was then made available to the rest of BRT’s clients.
Gregg joins us from Imperial College, London, having also worked at JP Morgan and Lloyds Banking Group as a software developer. He comes with a distinction in Applied Mathematics (Msc, Imperial College) and an extensive knowledge of risk management and reporting on the Athena system at JP Morgan.
Karim LariManaging Director
Karim Lari worked at Credit Suisse from 1991 to 2012, the last 15 years of which as a Managing Director. Karim is the co-founder of Credit Suisse’s prestigious quant team – Global Modelling & Analytics Group (GMAG) and its global head for 10 years. The GMAG team has been one of the most successful quant teams in the street renowned both for its long-term stability and pragmatic approach in building pricing and risk management solutions for the trading businesses of Credit Suisse. Under Karim’s lead, the team grew to 150 strong, covering all asset classes in Fixed Income & Equities across the globe. This included FX, Commodities, Rates Products, Credit Products, Counter Party Credit Risk, Emerging Markets, Fund Linked Products, and Equity Derivatives & Convertibles.
Karim earned his BSc in Computer Engineering and BA in Mathematics from Boston University in the US and his MPhil in Computer Speech and Language Processing and PhD in Information Engineering the University of Cambridge in the UK.
Jon HodgesTechnical Advisor
Jon has worked in financial software development for over 10 years. He initially worked for a consultancy within JP Morgan building large-scale high volume auto-trading systems specialising in FIX protocol and order book management. Later he moved onto the buy-side working with Credit Derivatives (CDO’s, CDS) and Fixed Income (Bonds, Repos, ABS, MBS). He has been heavily involved in building valuation frameworks for structured products, working closely with the quantitative analysts. Jon also worked in Beijing to establish and manage offshore development teams.