Insights | Jan 31, 2018
CB Insights, a research firm that tracks funding and other data in the startup world and beyond, recently published a report on “Fintech Trends to Watch in 2018.” The report offers a data-driven look at the global fintech landscape, including where investors are placing bets, and which fintech segments are poised for growth in the year ahead.
Insights | Jan 18, 2018
Data-driven strategies continue their march towards dominating the hedge fund industry and estimates released this month from HFR marked a major milestone on the horizon. According to the research firm, assets under management at quantitative hedge funds will surpass $1 trillion this year. This is an enormous amount of money being managed by machines.
Insights | Oct 31, 2017
The automatic teller machine was the pinnacle of innovation in banking and financial services back in the 70s and 80s. When you consider how far we’ve come, that seems like a distant memory. But even a decade ago, it was hard for people to imagine that we could check balances, pay bills, transfer money and even deposit checks with tiny phones that everyone carries everywhere. Technology has certainly propelled the financial services industry a long way in a short period of time – but that’s only half the story.
News | Sep 29, 2017
UBS is in search of start-ups and growing companies that can change the way finance works and how banks meet their clients' needs – and Elsen is at the top of their list. We’re proud to announce that we’ve been selected as a regional finalist for the UBS Future of Finance Challenge!
Events | Sep 19, 2017
On September 14, Elsen CEO Zac Sheffer joined Tim Gaumer, director of fundamental research at Thomson Reuters, and Saeed Amen, founder of Cuemacro, for a webinar hosted by Thomson Reuters: "A Man Plus Machine: How to Work Like a Quant"
Insights | Sep 13, 2017
Greetings from London! It’s been a few short months since we introduced Elsen nPlatform and Thomson Reuters launched the first commercially available application built on it – Thomson Reuters QA Point Powered by Elsen. We’re hitting another big milestone this week with our continued support of Thomson Reuters’ global rollout of QA Point, and the Elsen team is across the pond for the European launch.
News | Sep 06, 2017
Congratulations are in order for our founder and CEO, Zac Sheffer, who was recently recognized as one of New England’s future business leaders in innovation and technology by the Massachusetts Innovation and Technology Exchange (MITX). Zac was among eight people selected for their leadership skills, entrepreneurial spirit and early impact on the Massachusetts innovation ecosystem, and named to the 2017 MITX Future Leaders Group (FLG).
Events | Aug 18, 2017
Elsen Head of Quant Analytics & Research Andrew Breton will be at FinTech Connect on August 31 to provide live demos of Elsen nPlatform. The event runs from 3:00 – 8:30 PM and will take place at Venture Cafe located at One Broadway, 5th Floor Cambridge, MA 02142
Insights | Aug 14, 2017
Investors keep pouring money into quant funds, which hit a record $500 billion in assets last year, and this shift shows no signs of slowing down. Over the past seven years, quant funds attracted 29 percent of total inflows despite only accounting for 17 percent of hedge fund assets under management.
News | Aug 10, 2017
Earlier this year, Elsen was featured by BuiltIn Boston as one of the top Boston startups to watch in 2017. Recently, BuiltIn Boston followed up on that list by showing where those startups are today.
Insights | Jul 21, 2017
Last night, leaders of the Massachusetts innovation community gathered for a reception to announce the finalists for the 2017 MassTLC Technology Leadership Awards. We’re proud to share that Elsen’s nPlatform was named a finalist in the “Innovative Tech of the Year: Financial” category.
Insights | Jul 10, 2017
Why do financial institutions lag when it comes to tech?
When entering the field of financial services, recent college grads quickly learn that the technology available to them is antiquated, to say the least. In fact, the largest financial institutions in the world still run on ancient IBM mainf...
Insights | Jul 07, 2017
Even before “big data” took its place at the top of the long list of business buzzwords, hedge funds and other investment firms were in constant pursuit of ways to extract useful insights from the data available to them. While tools built around artificial intelligence and machine learning technology have come a long way in the last few years to make it easier to separate the signal from the noise, hedge funds still struggle to use big data in a way that consistently improves their trading strategies.
Insights | Jun 21, 2017
In a recent article titled “The Quants Run Wall Street Now,” Wall Street Journal reporters Gregory Zuckerman and Bradley Hope outlined the ways in which quantitative strategies - and quants themselves - have become an integral part of hedge funds and other investment firms.
Insights | May 19, 2017
Elsen’s on its way to officially being a global company – and it happened pretty quickly. This is a feat that truly showcases the impact that the Elsen nPlatform can have on financial institutions, and the benefits that they can gain from using it to build their own applications.
Insights | Apr 19, 2017
Artificial Intelligence, or AI, is one of the most talked about concepts in the tech world today. From retail, to energy, to finance and beyond, AI is finding application in just about every industry. Recently, hedge funds and asset managers have started seriously investigating the AI craze and experimenting with the technology. The early results have been very interesting to see.
Insights | Apr 12, 2017
For decades, asset managers and their analysts/PMs tended to sort themselves into one of two camps - fundamental and quantitative. Over the last few years, however, a new type of analytical approach to evaluating securities and other financial assets has gained traction. It’s known as the “quantamental” approach, and it’s already redefining how hedge funds and other asset managers manage their portfolios.
News | Apr 11, 2017
Information giant Thomson Reuters Corp (NYSE:TRI) announced that has launched QA Point, a cloud-based application that enables asset managers to utilize quantitative approaches in making investing decisions, designed to assist in creating increased productivity, better results, and accelerated internal collaboration among investment professionals.
News | Apr 11, 2017
Thomson Reuters has launched QA Point, a cloud-based application that enables asset managers to utilize quantitative approaches in making investing decisions, designed to assist in creating increased productivity, better results, and accelerated internal collaboration among investment professionals.
Press | Apr 07, 2017
This press release was originally posted on Business Wire and can be viewed here.
Yesterday, the Massachusetts Innovation & Technology Exchange (MITX) announced the finalists of its 2017 MITX Awards, the largest and most prestigious annual awards competition in the country for technology and innovation.
Insights | Mar 31, 2017
The field of computational finance is defined by speed. With vast amount of calculations to run in order to perform pre-trade risk analytics - a number that will only continue to grow as more data becomes available - it’s critical for asset managers to be able to perform these calculations as quickly as possible.
News | Feb 03, 2017
Elsen was recently featured by Built in Boston as one of the top Boston startups to watch in 2017.
In 2016, Boston’s tech sector flourished, with startups maturing alongside the city’s legacy industries while a steady trickle of venture capital poured into industries like edtech, food-tech, fintech, digital media and healthtech, to name a few.
News | Jul 24, 2016
The FinTech marketplace is reinventing almost every aspect of financial activity, from payments and lending, to institutional investing and financial security. FinTech Sandbox residents and alumni are driving this change through innovative machine learning, accelerated Platform as a Service, quantit...
News | Apr 18, 2016
The confluence of internet-based technology and big data has proven a boon to a number of industries, from automobiles to appliances, but it’s leading to especially fruitful innovation in financial services, a sector that touches on the lives of just about everybody.
Press | Jan 15, 2015
This press release was originally posted on PRWeb and can be viewed here
Elsen has closed a $400,000 round of funding for its financial technology platform, the company announced today. Elsen plans to use this capital to accelerate growth and add additional resources to its engineering team.
Press | Sep 24, 2014
This press release was originally posted on PRWeb and can be viewed here
Elsen (http://www.elsen.co) today announced that it will provide active investors with comprehensive fundamental and historical intraday pricing data from Thomson Reuters, a leading source of data and intelligence for both businesses and investors. The agreement provides complete coverage of U.S. equities, including ETFs and closed-end mutual funds.