Optimize your
risk hedging

Kesitys is now part of Kaiko!

Kaiko, the leading cryptocurrency market data provider for institutional investors and enterprises, is expanding its offering in quantitative analytics solutions by acquiring Kesitys, in order to provide quantitative decision tools for risk optimization in cryptocurrency markets.

Kaiko has created a new business unit dedicated to quantitative analytics products that will be led by Kesitys’ founders, Anne-Claire Maurice, Mnacho Echenim and Emmanuel Gobet. Anne-Claire, CEO at Kesitys, will join Kaiko as MD Analytics of Kaiko Group and Emmanuel and Mnacho will be advisors and consultant researchers at Kaiko.

See the full press release here:

https://www.kaiko.com/

RISK HEDGING

Risk hedging is an essential operation for every trader and asset manager who has to decide when to rebalance their hedging or investment portfolio.

But this decision depends on the targeted performance, market conditions and the trader's own positions and exposures, which can make risk hedging a costly and time-consuming operation.

Kesitys products

TEMPO, is a plug-and-play API that automatically detects and signals statistically optimal gamma-hedging moments to its users.

It also assists options market-makers and volatility traders in determining better bid-ask spreads.

TEMPO

COMBO is a portfolio optimizer for options portfolios or delta-one quantitative investment strategies. It allows, by slightly adjusting its composition, to reduce transaction costs and thus improve the performance of the portfolio.

COMBO

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Product features

TEMPO and COMBO are based on advanced tools from stochastic dynamic programming, statistical learning and time series analysis. Their disruptive technologies originated from prestigious academic institutions.

They are decision-support softwares that reduce trading costs by 30% and
improve trader productivity.

TEMPO and COMBO are deployed as RESTful APIs that follow the OpenAPI specification.

TEMPO was certified in 2018 by the
cluster "Finance Innovation" :

Team

Anne-Claire Maurice

Co-founder and CEO

Mnacho Echenim

Co-founder

Emmanuel Gobet

Co-founder

Emmanuel graduated from Ecole Polytechnique, and after a few experiences in banks, he got academic positions at Université Pierre et Marie Curie, Grenoble INP and Ecole Polytechnique. He is co-head of the well-established Master program “Probability and Finance”. His academic expertise is related to financial mathematics, stochastic programming, machine learning.

Mnacho received his PhD from Grenoble INP and is currently a Professor at Grenoble INP-Ensimag.

He is deputy director of Ensimag and co-head of the Financial Engineering department. He is involved in classes on computational finance and information systems for financial industries. His research interests include automated reasoning and the formalization of financial mathematics.

After obtaining Master’s degrees in computer engineering from Ensimag and in Quantitative Finance from IAE Grenoble, Anne-Claire worked for BNP Paribas, where she was in charge of an IT team on a trading desk. At the end of 2016, she joined the Ecole Polytechnique to design, develop and test TEMPO technologies. She also participated in the HEC Challenge+ training which supported the TEMPO project.

ADVISORY BOARD

Nicole El Karoui

Pascal Poupelle

Jean-Claude Rassou

Nicole is a mathematician, pioneer and international leader in financial mathematics. In 1990, she founded the well-known master program "Probability and Finance", which has trained a large number of quantitative analysts in Europe. She also consults as an expert for financial institutions.

After beginning his career in aeronautics, Pascal became international Senior Executive for various Banks and Financial Institutions. He was CEO of Crédit Lyonnais America, Deputy General Manager of CA-CIB, CEO of Dexia Crédit Local and CEO of RBS France, Belgique and Luxembourg. He is currently CEO of Isos Finance.

Jean-Claude began his career at Thalès and Philips. After an MBA at Essec, he joined Motorola France where he was appointed Executive Director in 2005, and CEO in 2010. Jean-Claude is currently a consultant in Strategy and Business development for corporate groups and start-ups. He is also an entrepreneur in high-tech topics.