“Backtesting investment strategies in minutes — not days — show how far fintech has come in enabling financial institutions to get value from their raw data. It means anyone can now take advantage of quant investing.
Backtesting an investment strategy requires managing tens-of-thousands or more of data points, with pricing and financial data across many decades.
Thomson Reuters QA Point, powered by Elsen, is a fintech product for financial institutions that anyone can use in quant investing.
The cloud-based platform cuts the usually lengthy process of backtesting an investment strategy from days to minutes.”
Read the full article at Thomson Reuters’ “Inside Financial & Risk” blog.