Coping with the changing face of financial technology. Time of change: from human based trading to automated trading.

1. Man vs Machine: Coping with the Changing Face of Financial Technology
Pierre FELIGIONI Head of Real Time Product Strategy S&P Capital IQ

2. Time Of Change : from Human Based Trading to Automated Trading and POP Design
QuantHouse is part of S&P Capital IQ, next generation provider of trading infrastructure, software and services that include ultra low-latency market data software, proximity hosting and order routing infrastructure and development and back-testing software
■Commercially launched in 2006 and headquartered in Paris with sales offices in London, New York and Asia; currently has over 125 employees
■Serves 130+ clients today including buy-side firms, sell-side firms and exchanges and has a growing number of technology and distribution partnerships,
■Technology is used by the most demanding clients in the world and is based on highly proprietary, robust, portable and flexible middleware specifically built for low latency, high throughput functionality – key competitive advantage in the market
■19 global data centers,80+ direct exchange connections and 110+ total exchange market data feeds

3. End-to-End Advanced Trading Solutions for Electronic Traders

4. QuantFEED
QuantLINK
QuantFACTORY
Low Latency
Market Data Feed
Alpha Generation Platform
Low Latency Trading Infrastructure
Software that manages low latency market data to meet the changing environment given increased fragmentation and message volumes
Hosting and Network Infrastructure that allows buy and sell-side trading firms to keep up with low latency market demands
Software that allows quant traders to spend more time on their core focus, developing alpha generating models, rather than developing tools
QuantHouse is at the forefront of the technological arms race allowing users of its solutions to gain a competitive advantage by achieving better, faster and more efficient execution
Proprietary Fiber
Optic Network
Live Production / Analysis
Back Testing / Alpha Discovery
Strategy Development
Ultra Low
Latency Order
Routing
Data Capture
Ultra Low
Latency Market
Data
Proximity
Hosting
Data Normalization
Normalization
Data Dissemination
QuantHouse is the Leading Provider of Low Latency Technology Solutions

5. Key Competitive Advantage: Fully Managed Solution
•Shared HW infrastructure
•Managed up through the OS
•Easy Access through Financial Connectivity providers
•Deploy in days
Access on Demand
•End-to-End management
•Tailored to Financial Institutions needs
•24x7 Global Support
End-to-End
Managed Solution
•Market Data from the Source
•DMAs linked together via global Fiber Optic Network
•Deploy in minutes
Exchange
on Demand:

6. Key Competitive Advantage: Global and Easy Access
PRODUCTS
ULL - Hardware Acceleration
CONSOLIDATED Feed
SNAPSHOT FEED – WEB
TECHNOLOGY
FPGA – HW acceleration - SW
SW
SW
LATENCY & SPEED
< 1 ms (micro sec level)
< 100 - 200 ms
> 1 sec or delayed
SLA (SPEED, AVAILABILITY, RESILIENCY)
YES
YES
NO
NAME
QuantFEED
QuantFEED Consolidated
SnapFEED
TARGET MARKET
Clients using
Automated Trading Models
Used across enterprise @ tier1 & regional banks, Trading Screens - Market Data screens (GUI's)
Website including Bank intranet or online Brokers
VALUE PROP
All the Ticks for Algo Trading - DMA with Colo - ULL - State of the Art - Technology including FPGA
Ability to easily subscribe to instruments across mutiple exchanges, global Data Coverage - Trading Quality inluding Conflation - Designed for the Trading screens - High Performance
Designed for Web Site

7. QuantHouse Feedhandler: CME FAST market data internal processing time – LESS THAN 9 microseconds
Key Competitive Advantage: Low Latency Market Data Decoding Time
Exchange Message Volume
QuantHouse Internal
Processing Time
~6.5 microsecond constant processing time
■QuantHouse Feedhandlers are able to perform consistently even with spikes in volume
■As shown below, QuantHouse maintained a constant processing time despite market volume peaks

8. Key competitive advantage : Data Quality

9. Key Competitive Advantage: Global and Easy Access

10. Benefits
• Need for TCO rationalization
• Simplification requirements for accessing market data sources
•Get ready for Next Generation Automated Trading Tools
The Business Cases
•Almost Zero Touch existing infrastructure
•Secure and Compliant
•Cost Effective with rapid “quick wins”
•Open API Standards
•Greater Access to Vendors and Markets
•First step to phase out existing Legacy Technologies
•Continuous Technology improvement as powered by QuantFEED
The Benefits

11. QuantHouse Inc.
55 Water Street, 44th floor
New York, NY 10041 US
Tel: +1 (212) 438 4346
130 East Randolph One
Prudential Plaza, suite 2900
Chicago, IL 60601 US
Tel: +1 (312) 233 7129
QuantHouse / FR.
52 Rue de la Victoire
75009 Paris FRANCE
Tel: +33 (0) 1 73 02 32 11
QuantHouse / UK.
10 Foster Lane
London EC2V 6HR UK
Tel: +44 (0) 203 107 1676
Learn more at
www.quanthouse.com
www.spcapitaliq.com