Quod Financial partners with QuantHouse to enhance AI-driven trading platforms
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Quod Financial partners with QuantHouse to enhance AI-driven trading platforms 23 July 2024UK Reporter: Clelia Frondaroli
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Iress’ QuantHouse division has partnered with Quod Financial, a leading supplier of multi-asset trading technology.
The collaboration will provide low-latency market data to Quod Financial, enabling the firm to refine its AI-driven trading algorithms as well as carry out real-time, highly accurate transaction cost analysis (TCA) at the point of execution.
Rob Kirby, head of EMEA sales and business development at QuantHouse, states: “In today’s trading environment, financial institutions are actively exploring and adopting the latest advances in AI to enhance trading outcomes. QuantHouse’s high-quality, extensive historical data is now being used to train QuodFinancial’s AI models to adapt to market movements.”
Chief revenue officer, Medan Gabbay, at Quod Financial adds: “In financial services, the performance of your technology is defined by the quality and speed of the data that powers your systems. QuantHouse has proven to be an exceptional partner in this data journey.”
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