QuantArea Selects Bloomberg’s BQuant Enterprise to Power Quant Research Service

LONDON – Bloomberg announced today that QuantArea, a “Quant as a service” firm in Switzerland, has selected Bloomberg’s BQuant Enterprise Platform to research and develop systematic, rule-based, and tailor-made investment strategies. Partners at QuantArea have many years of professional experience in the development and implementation of customized quantitative investment strategies.

For its institutional and professional clients (banks, insurance companies, pension funds, family offices, etc.), QuantArea offers customized equity investment solutions. Using BQuant Enterprise enables QuantArea to expand the spectrum of available data and shorten the time it takes to develop new model portfolios or to efficiently redesign existing strategies. The goal is to help the firm’s clients launch differentiated investment products, gain cost efficiency, and strengthen their position in the investment business. If desired, QuantArea will also advise them on upstream and downstream processes.

“We must address different clients’ needs in a short period of time and BQuant Enterprise gives us everything we need to do that right off the shelf – broad access to Bloomberg’s high quality data, a powerful cloud-based coding environment, and state-of-the-art artificial intelligence methods to process very large datasets – to which we can easily add our own proprietary know-how based on our decades of experience in quant asset management,” said Carmine Orlacchio, QuantArea’s Chief Investment Officer.

“The flexibility and time to market advantage BQuant Enterprise gives us to react to client requests and address their needs very quickly makes it the right research platform for us as we build and grow our business,” added Lorenz Beyeler, QuantArea’s Chief Technology Officer.

The QuantArea team is using BQuant Enterprise to co-develop investment strategies with and for its clients. This process involves multiple steps, including selection of securities, filtering, optimization, backtesting and simulation. This approach shortens the clients’ product development and distribution timeline, effectively supporting their product lifecycle management.

“BQuant Enterprise helps firms like QuantArea to build, test, and iterate on new ideas quickly and then put those models into production, giving their clients fast time to market in an increasingly competitive space,” said Javier Mitra Valdes, Head of Product for the BQuant Platform at Bloomberg. “Our turnkey solution provides deep access to cross-asset data and analytics that are linked and ready to use, together with the tools, services, and compute infrastructure that allows our customers to focus on creating value. We are excited to be working with QuantArea as they expand their business.”

BQuant Enterprise is a cloud-based analytics platform specifically designed for quantitative analysts and data scientists in the financial markets. BQuant Enterprise provides broad programmatic access to Bloomberg’s comprehensive range of high-quality market-leading financial datasets and services via powerful APIs, along with quant tools. This solution significantly reduces time to market and infrastructure costs for developing new investment strategies across asset classes. BQuant Enterprise provides a flexible Python environment to build, test, and take sophisticated quant models to market. Learn more about BQuant Enterprise.

About QuantArea
QuantArea is a “Quant as a service” firm, based in Switzerland. The company focuses on the design of tailor-made investment solutions for institutional investors and selected private clients. Backed by a state-of-the-art infrastructure and the team’s extensive asset management experience, QuantArea creates systematic and customized model portfolios for its clients. For more information, visit www.quantarea.ch.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets.  The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

Bloomberg media contact
US, Chaim Haas, chaas30@bloomberg.net, +1 212 617 7025
EMEA, Anna Schoeffler, aschoeffler1@bloomberg.net, +33 6 75 54 70 92

QuantArea media contact
CH, Urs Winzenried, urs.winzenried@quantarea.ch, +41 31 561 17 05