Saxo Bank Onboards a Duo of Experts to Set Up Quant Unit for Clients
- Jesper Andreasen and Hans-Jørgen Terp Flyger join Saxo Bank to deliver new risk-management solutions to clients.
Danish Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term brokerage Saxo Bank has just announced that the company is onboarding two new experts to set up a quant unit. The company is undertaking the move to deliver new Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term tools to clients in the near future.
Saxo Bank will also deploy tools that enable it to optimise its own risk profile.
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Quantitative risk management has been of invaluable help to financial institutions. Cross-asset class quantitative research alongside strategic approaches towards the subject has led to greater efficiency for a number of companies.
Commenting on the news, the COO of Saxo Bank, Søren Kyhl, said: “With Jesper and Hans-Jørgen on board, we strive to offer our clients new cutting-edge risk management tools including forward-looking risk measurements.
We continue to believe that it is paramount we create win-win with our clients by helping them manage their risk in a much better way. Forward-looking risk measurements are an integral part of professional trading in financial markets, however, so far, no provider has been able to offer such tools to a wider retail audience.”
The retail audience of financial markets has been largely left in the dark when it comes to applying complex mathematical methodologies towards trading and risk management. The Danish company is aiming to fill the gap and deliver a high-level quant products into the hands of its clients.
The Team
Jesper Andreasen and Hans-Jørgen Flyger are experts in the quantitative approach towards financial markets. Hailing from the institutional unit of Danske Bank, both bring a wealth of experience to Saxo Bank and its clients.
Mr. Andreasen was Head of the Quant department (Kwant Daddy) and Mr. Flyger was previously Head of Derivatives & Risk IT.
The new team will be reporting to Global COO, Søren Kyhl.
“Ensuring that our clients have the best risk management tools and the most relevant information readily available to them is a key part of our efforts to support our clients’ activity in global capital markets,” elaborated Kyhl.
Danish Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term brokerage Saxo Bank has just announced that the company is onboarding two new experts to set up a quant unit. The company is undertaking the move to deliver new Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term tools to clients in the near future.
Saxo Bank will also deploy tools that enable it to optimise its own risk profile.
[gptAdvertisement]
Quantitative risk management has been of invaluable help to financial institutions. Cross-asset class quantitative research alongside strategic approaches towards the subject has led to greater efficiency for a number of companies.
Commenting on the news, the COO of Saxo Bank, Søren Kyhl, said: “With Jesper and Hans-Jørgen on board, we strive to offer our clients new cutting-edge risk management tools including forward-looking risk measurements.
We continue to believe that it is paramount we create win-win with our clients by helping them manage their risk in a much better way. Forward-looking risk measurements are an integral part of professional trading in financial markets, however, so far, no provider has been able to offer such tools to a wider retail audience.”
The retail audience of financial markets has been largely left in the dark when it comes to applying complex mathematical methodologies towards trading and risk management. The Danish company is aiming to fill the gap and deliver a high-level quant products into the hands of its clients.
The Team
Jesper Andreasen and Hans-Jørgen Flyger are experts in the quantitative approach towards financial markets. Hailing from the institutional unit of Danske Bank, both bring a wealth of experience to Saxo Bank and its clients.
Mr. Andreasen was Head of the Quant department (Kwant Daddy) and Mr. Flyger was previously Head of Derivatives & Risk IT.
The new team will be reporting to Global COO, Søren Kyhl.
“Ensuring that our clients have the best risk management tools and the most relevant information readily available to them is a key part of our efforts to support our clients’ activity in global capital markets,” elaborated Kyhl.