The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Industry Veteran Peck’s Efforts at Quantifi Yield Results with First German Bank Win

An increased focus on the European markets is paying dividends for US based Quantifi, provider of modelling, pricing tools and risk analysis for credit derivatives, as it picks up its first German banking client. In June the company opened a new London office and hired John Peck – ex of FT Interactive Data, Telerate and Dun & Bradstreet, as head of European sales, reporting to Rohan Douglas, Quantifi founder and CEO.

Peck’s brief as sales director is to provide local support for Quantifi’s existing European clients as well as expanding its client base across Europe and the Middle East. The vendor is targeting banks, hedge funds, asset management firms and insurance companies. “In particular we see interest from participants who need independent pricing along with the ability to enter the market quickly,” he says. “Traditional asset managers, insurance companies and regional banks have been particularly active over the last year with a number of them kicking off derivatives projects to review their requirements.”

Quantifi’s European presence has been strongest in the UK, but it sees opportunities with institutions across the continent. The German win is important because a range of institutions in that market are either already involved in or looking at structured credit, Peck says. “This is also leading us to other markets such as Dublin where some institutions have established their structured credit areas. Clearly we will look to develop our business in the other main markets across Europe such as France.”
While Quantifi says it is “data agnostic” – “whatever choice of data supplier our client has made, we will try to assist them in integrating the required content into our products” – it has built an automated interface to Markit, the dominant provider of credit derivatives data, to facilitate the process of populating curve and index data into its applications, speeding up the process of constructing the underlying credit curves.

Related content

WEBINAR

Upcoming Webinar: How to optimise the business value of your data using agile data governance

Date: 10 March 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data governance is transforming from a risk management and compliance tool with limited and prescriptive controls, to a solution that can help you optimise the business value of your data. In this role, data governance must scale to manage...

BLOG

Don’t Miss It – A-Team Group’s Data Management Summit USA Virtual is Just Weeks Away

Data monetisation, data strategy to drive business outcomes, data discovery and intelligence, the power of data lineage, how to deliver an ESG data strategy and, necessarily, regulatory reporting challenges and the data management response, are just some of the key topics that leading capital markets’ participants and innovative solutions vendors will discuss at A-Team Group’s...

EVENT

RegTech Summit London (Redirected)

Now in its 4th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Connecting to Today’s Fast Markets

At the same time, the growth of high frequency and event-driven trading techniques is spurring demand for direct feed services sourced from exchanges and other trading venues, including alternative trading systems and multilateral trading facilities. Handling these high-speed data feeds its presenting market data managers and their infrastructure teams with a challenge: how to manage...