Quantiacs is high-stakes fantasy football for quants | TechCrunch

You’ve seen The Wolf of Wall Street, you’re handy with some code — you just know you can beat the market, but you don’t have the money to invest. What could possibly go wrong. Quantiacs has the platform for you to experiment and try out strategies — and the money to back your bets, too.

At the moment, Quantiacs is dogfooding its own systems; the founders have $3.75 million of their own money invested in the platform, running across six different algorithms. Quantiacs has enough faith in its system that it’s publishing the live performance of the algorithms on its website, and the team says it expects to open the platform to external investors starting in May this year.

The easiest way to explain what Quantiacs does is to think of it as crowdsourcing for trading algorithms. The company empowers “quants” — people who create quantitative algorithms — to participate in the industry by connecting their algorithms to capital from institutional investors.

Source: Quantiacs is high-stakes fantasy football for quants | TechCrunch

 

Raony Guimaraes