Insights | Jan 30, 2019
The explosion of the digital economy over the last decade has caused banks and other financial institutions to adopt new ways to innovate and increase productivity in an increasingly data-driven enterprise. This is evident by the rapid infiltration of quants and data scientists on Wall Street
Insights | Jan 22, 2019
Elsen was invited as a member of the MassChallenge FinTech Cohort to participate in the inaugural MCFT Cohort Orientation 2019, which took place in Boston on January 18th. The event was a great success, and brought together a dynamic group of industry experts, entrepreneurs, finance professionals and of course, other members of the FinTech Cohort.
Insights | Dec 22, 2018
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Insights | Dec 11, 2018
Factor investing has been around for more than half a century, but for the majority of that time has been driven by academic research. There haven’t been many investors using factor-based strategies in practice yet, but new research hints that we’re hitting a boiling point where that is starting to change.
Insights | Nov 21, 2018
Elsen has achieved remarkable success this year – from kicking off 2018 with newly announced funding, developing new and existing relationships with industry leaders, customers and investors at top industry events, like the most recent Morgan Stanley Summit, to having Elsen’s award-winning technology be recognized through a number of accolades from prominent industry organizations, there are many things to celebrate.
News | Nov 19, 2018
Last week we had the pleasure of participating in Morgan Stanley’s third annual FinTech Summit. This invite-only event provided a unique opportunity to share Elsen’s platform with senior tech and business leaders from the firm, while also getting a peek into other areas of innovation within the fintech ecosystem.
Insights | Oct 18, 2018
Last week, we had the opportunity to visit San Francisco to participate in Village Capital’s fintech workshop. Elsen is one of only 12 members selected to the FinTech US 2018 program, which recognizes the most promising startups that are harnessing financial data to make financial services more accessible, affordable, and transparent.
Insights | Sep 27, 2018
Earlier this month, Elsen had the pleasure of being invited to participate in the AIR Summit in New York City, and it was one of the best and most productive FinTech events we’ve ever experienced. The AIR Summit – short for “Alpha Innovation Required” – brings together pioneering startups and proven leaders in the investment world for two days of meaningful connections and conversations. The event was formed in 2014 to facilitate discussions around trends and challenges facing the institutional investment management industry – particularly active investors.
Insights | Sep 24, 2018
As data-driven strategies continue to take over the world of professional investing, The Wall Street Journal’s most recent look at this seismic shift highlighted the increasing pressure on traditional investors. For example, at firms like Citigroup, traders are being introduced to coding languages like Python through multi-day courses – and they’re happily spending days away from the floor to do it.
Insights | Sep 04, 2018
John Valentine, the host of The Early Stage Podcast, sits down with Elsen CEO Zac Sheffer to discuss entrepreneurship, obsessive customer focus, cooking challenges, and of course how Elsen is changing the face of financial services.
Insights | Aug 31, 2018
On the hit Showtime series “Billions,” the line between truth and fiction is blurred when the introduction of quant strategies to the fictional world of Axe Capital creates new challenges and complexities that closely mirror current industry trends and issues faced by hedge funds across the globe…
Insights | Aug 29, 2018
Wall Street is obsessed with the increasing role that computer programmers are playing in securities trading. And for good reason, there’s no question that data-driven strategies will consume the investment industry in the years to come. Data will be the backbone of differentiated strategies that drive success.
Insights | Jul 31, 2018
Organizations across industries are under growing pressure to do more with their data. As a result, we’re seeing the rapid adoption of machine learning and artificial intelligence (AI) by businesses striving to remain competitive in today’s increasingly data-driven enterprise.
Insights | Jul 03, 2018
Revolutions don’t happen overnight. And as we celebrate Independence Day in the Unites States this week, there’s a lot that portfolio and asset managers can reflect upon as they think about the upheaval happening around them. The industry is in the middle of its own revolution were data is changing nearly every decision that’s made every day. It’s a foregone conclusion that investors who don’t use data to their advantage will fade away in an environment where it’s getting harder and harder to develop unique strategies that find alpha.
Insights | Jun 30, 2018
The digital age has ushered in a new era in which banks and other financial institutions are actively working together to help bridge the gap between the traditional, slow-moving financial industry and the rapid pace of innovation that 21st century technology enables.
Insights | Jun 21, 2018
It doesn’t matter what industry or country you’re in, or what stage you’re at in your startup journey. Entrepreneurs from all walks of life are facing similar challenges, and there’s a lot we can learn from each other.
Insights | May 30, 2018
Next month, the newest class of college graduates will descend on the global workforce. For many, this will be their first full-time job, yet few will enter day one without a resume already highlighting years of experience thanks to internships. In the past decade, internships have quickly escalated from a “bonus to have” to a “must have.” Most entry-level positions, regardless of industry, require some level of experience. Today's students are not only competing to gain entrance to the world’s most selective colleges and universities, but internships too.
Insights | May 09, 2018
We did it again! For the third time in a month, Elsen has been recognized as a finalist for a prestigious industry award program. This time, the honors come from the SIIA CODiE Awards, the software and information industry’s only peer-recognized awards program. Elsen is a finalist in the Best Financial & Market Data Solution category for our work creating Thomson Reuters QA Point Powered by Elsen.
Insights | Apr 26, 2018
Award season is in full swing and once again, the hard work Elsen’s team has put into building nPlatform is being recognized. Just last week we were named a finalist in the MITX Awards for Best UX Design and this week, Benzinga announced that we’re a finalist in its Global Fintech Awards program in the Best Analysis or Research Platform category.
Insights | Mar 29, 2018
It’s remarkable to consider how much Elsen and the team have accomplished and grown since being founded in 2014. So many factors have played instrumental roles in our success, including our location as a Boston-based company.
Insights | Feb 28, 2018
Congrats to Elsen CEO and Founder, Zac Sheffer, who was named to the 2018 EY Accelerating Entrepreneurs program. Zac is among 30 entrepreneurs from across the Americas, Asia-Pacific and EMEIA selected by EY from technology fields including fintech, AI, robotics, and augmented reality to join this year’s class.
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.
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.
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.
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.
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.