QuantHouse announced the completion of the first phase of an infrastructure process automation program using cloud-based robot agents. QuantHouse is a global provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure products, and is part of Iress.
Introducing increased levels of automation is expected to help QuantHouse rapidly add resources to a number of its in-house processes with minimal human intervention using widely adopted and secure cloud-native technologies that deliver automated deployment and monitoring tasks, and to expand into new markets that trade 24×7.
Emmanuel Carjat, COO of QuantHouse, said in a statement: “QuantHouse has been designing and operating its own private low latency cloud for more than 15 years. With the general availability of advanced cloud management technologies, we are now leveraging those proven cloud-native solutions to fundamentally review how we manage our operations. Using robot agents allows our engineers to spend their time planning for the future while out-tasking standard maintenance and client implementation processes.”
Stephane Leroy, co-founder and chief revenue officer at QuantHouse, said in a statement: “Over the last 15 months, QuantHouse has retained steady business growth on-boarding one new hedge fund client every week. These new hedge fund clients place a lot of value in our service resilience and performance. As a consequence, our ability to contract and deliver value to a growing number of customers are among our top priorities at QuantHouse. For this reason, this project is one of our most strategic objectives for 2020 as it combines revenue growth and operations optimization into one single initiative.”