Thursday, July 7, 2011 at 11:53AM
Deltix, Inc. today announced that New York University’s Courant Institute of Mathematical Sciences has selected Deltix’s QuantOffice for its students to develop their skills in creating, back-testing and optimizing alpha generation and execution strategies.
Under the agreement, Deltix has supplied The Courant Institute with QuantServer as well as QuantOffice, which together constitute the full Deltix Product Suite. QuantServer is normally used for production trading, but the Courant Institute will use QuantServer for simulating the live deployment of strategies created, back-tested and optimized in QuantOffice.
Petter Kolm, Director, Mathematics in Finance Masters program commented, “As the first mathematical finance Masters program to offer courses in algorithmic and high-frequency trading, we constantly strive to provide our students with access to cutting-edge technology in the financial industry. Deltix offers a unique product suite that gives our students great opportunities to learn and experience the full development cycle of quantitative trading strategies. Today’s real-world strategies require efficient handling of very large data sets, often high-frequency or tick-by-tick data, an area where Deltix truly excels. We are excited about this partnership. ”
Ilya Gorelik, CEO and Founder of Deltix said, “We feel privileged to be working with NYU’s Courant Institute. The field of automated systematic trading for both alpha generation and trade execution is a nexus for computer science and mathematics and, with QuantOffice and QuantServer, the students of the Mathematics in Finance Masters program will be exposed to both disciplines. QuantOffice provides visual tools for strategy development, in addition to a C# development framework, and the results of back-tests and optimization are also presented in highly detailed visual representations. As a result, students will be able to gain a deep understanding of the strategies they develop.”