Quantifi is a leader in financial technology with early adoption of key technologies that give our clients advantages in terms of speed, scalability, and usability. Mark Traudt explains some of these latest technology innvoations
What separates Quantifi’s technology from other solution providers?
Quantifi recognises that in today’s fast-paced environment firms require tools that work faster, perform better, and can scale with their business. Gone are the days when firms could acquire front office or risk management systems and allow 2 to 3 years for implementation. Our modular, open architecture allows customers to rapidly integrate just the components they need into their existing enterprise.
Our solutions are designed from the ground up using the latest, most advanced technology and design patterns to ensure optimal performance. We adopted .NET as our technology platform because it offers a comprehensive set of frameworks, including scripting, workflow, distributed services, and high-performance computing. Customers benefit from leveraging their knowledge of these frameworks rather than being locked in to a proprietary vendor API.
Another key differentiator is our significant investment in R&D, which combined with close collaboration with our clients, enables us to consistently deliver first-to-market support for the latest market innovations.
"Our solutions are designed from the ground up using the latest, most advanced
technology and design patterns to ensure optimal performance."
Can you tell us more about your service-oriented architecture (SOA)?
Our services are designed to take advantage of the power and flexibility of modern virtualized data centers (both on premises and cloud hosted). The service layer is interoperable, meaning that customers can consume risk, reporting, workflow, and other services from any client that support the SOAP protocol. By providing interoperable services, customers can leverage risk, reporting, and other functionality in the way that works best for them.
What are workflow services?
As part of our service layer, we recently introduced powerful workflow support using Microsoft Workflow Foundation. Workflow Services can be used to model many business processes, including trade booking, four-eyes verification, risk and pnl signoff, limit management, and straight-through-processing (STP). Customers can use our built-in workflows or create their own using a powerful visual workflow designer and comprehensive activity library.
"Customers can use our built-in workflows or create their own using a powerful
visual workflow designer and comprehensive activity library."
What techniques do you use to handle Big Data?
The ever-increasing volume and complexity of data involved in a typical customer risk run, mandate architecture specifically designed to support scalability to “big data” sets. The term “big data” refers to collections of data that are so large and complex they cannot be processed efficiently using traditional database tools and design techniques.
Quantifi incorporates several design techniques to efficiently handle these large, heterogeneous data sets. The data itself is transmitted and stored using an open-source technology from Google called Protocol Buffers. This provides an efficient messaging and persistence format for big data and, as it is open-source, customers are not required to use our risk SDK to access the data. Our repository is also designed in a way to allow result data to be partitioned across multiple servers, further improving scalability.
Whitepaper and Articles
Learn more about Quantifi's Modern Open Technology
Quantifi Whitepaper: Microservices: The New Building Blocks of Financial Technology
Quantifi Whitepaper: The Buy vs. Build Dilemma
Technology Trends in Asset Management