Updated: Apr 28
PARIS, Apr. 28, 2022 – Kaiko, the leading cryptocurrency market data provider for institutional investors and enterprises, is expanding its offering in quantitative analytics solutions by acquiring Kesitys, a provider of 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.
Kesitys was founded in 2018 after two years of research and development in Ecole Polytechnique’s Applied Mathematics laboratory. Kaiko first partnered with Kesitys in May 2021, initially to design new quantitative products for cryptocurrency traders and portfolio managers. The acquisition is the result of growing demand for quantitative analytics products and the new business unit will leverage Kesitys’ extensive experience in risk management and derivatives.
The objective of Kaiko's new business unit is to create a complete suite of products to assist traders throughout the entire portfolio life cycle: from strategy design to strategy execution to reporting. The first products were designed to meet the needs of risk management (with a Value-at-Risk estimator), investment portfolio optimization (Implied Volatility Surface generation) and compliance and reporting (valuation services). All products are and will be specifically designed for crypto-currencies using a proprietary and transparent methodology.
Ambre Soubiran, CEO of Kaiko, said: “Kaiko is thrilled to welcome Anne-Claire, Emmanuel and Mnacho to the team. Their extensive experience in creating quantitative analytics products and expertise in the crypto space will be an immense asset to the company to create a range of products to address traders and portfolio managers growing demand for quantitative products.”
Anne-Claire Maurice, CEO of Kesitys, said: “This is an exciting new adventure for me and the entire Kesitys team. It's been a pleasure working with the Kaiko teams over the past few months and we are thrilled to be joining the Kaiko family. As quantitative specialists, working in the crypto sector is a very interesting challenge. Crypto assets are growing exponentially and the new instrument types and trading platforms raise many novel questions in quantitative finance that we are eager to answer. “
Anne-Claire is a holder of a double Master’s degree in engineering and quantitative finance. Emmanuel is professor in Applied Mathematics and co-director of Master Probability and Finance at Ecole polytechnique and Sorbonne University. He is also Chairman of the Research program "Stress Test" with BNP Paribas. Mnacho is professor in Computer Science; Head of the Financial Engineering Department and Deputy Director of Grenoble INP-Ensimag, Université Grenoble Alpes.
Kaiko is the leading cryptocurrency market data provider for institutional investors and enterprises. We empower market participants with accurate, transparent, and actionable financial data to be leveraged for a range of market activities. Kaiko's mission is to be the foundation of the new digital finance economy by serving as a single source for market information from both centralized and decentralized marketplaces. For each of our enterprise clients, we build custom data plans designed for trading, valuation, research, integrations, indices and more. Contact us to get started today.
Kaiko, Mathieu Jalvé, email@example.com