Quantifi, a specialist provider of risk, analytics and trading solutions announced that NewOak Capital LLC (“NewOak”) has selected its integrated pricing and analytics solution. NewOak is a financial services advisory firm which has advised on over $5.5 trillion of assets for over 170 clients including leading investment banks, insurers, and asset managers.
NewOak required a technology product to support its valuation and risk transparency business that delivered advanced and accurate analytics across a wide range of markets including Credit, FX, and Rates. By integrating with Quantifi, NewOak has further strengthened its financial market advisory practice by providing clients tailored solutions to help increase their competitive advantage.
“At NewOak we advise clients and deliver solutions to help transform their complex business challenges into competitive advantage. In order to deliver a high level of service and provide our clients with the full benefit of our product and market expertise, NewOak requires a sophisticated technology platform that is flexible enough to adapt to a diverse and changing set of client needs. We chose to integrate Quantifi into our solutions because their product complemented our existing technology framework while adding a high level of functionality,” states Steve Segretta, Managing Director, NewOak. “We were further impressed with Quantifi’s market presence, reputation and the high level of support we received from senior members of their team.” continues Steve.
Quantifi’s comprehensive suite of best-of-breed analytics provide timely, accurate and independent valuation for a wide range of OTC products. Built on the latest technology and incorporating advanced numerical methods, Quantifi delivers ground-breaking performance and scalability for even the most complex OTC portfolios. Designed from the ground up incorporating best-practice design principles and methods, Quantifi provides a consistent easy to use, and uniquely extendible interface along with extensive documentation and sample code to make getting started fast and simple.
“We are excited to be working with NewOak to support their advisory business. The combination of Quantifi’s broad asset coverage and sophisticated analytics was the perfect fit for NewOak”, comments Pradiv Mahesh, Sales Director, North America, Quantifi. “It’s good to know that the high level of support we provided was a major factor in selecting Quantifi”, continues Pradiv.