Alphacet, a developer of software for quantitative analysts, portfolio managers and traders, has partnered with Lakeview Capital Market Service GmbH to broaden the reach of its Discovery straight through processing solution for quantitative strategy development and deployment.
Under the agreement Lakeview will market and sell Discovery services to European clients. Lakeview will also offer independent client customization, application integration services and quantitative modeling services.
Peter van Kleef, managing director at Lakeview Capital, said in a statement, “We are excited to offer and support this cutting edge modeling and back testing solution, which will complement our existing partner offerings within the execution space. By combining the Alphacet Discovery platform with our leading execution-focused consulting services, we can arm clients with the technology and knowledge necessary to create and implement successful quantitative financial strategies.”
Added Peter Sibirzeff, chief executive officer at Alphacet, “Lakeview’s extensive experience and deep understanding of the quantitative financial field make it the ideal partner for introducing Discovery to the European market. Through this partnership, we now can deliver Discovery to financial institutions across the globe – providing all quants with the opportunity to decrease strategy time to market and develop smarter financial models.”