Plug and Play Wealth Management with Container Technology

Speed, scale, and productivity is key to the success of digital wealth management propositions. How fast can you reach one million customers? How quickly can you launch a new product or feature? How will you stay ahead of competition? Changes are happening now and happening fast. One way to accelerate your digital transformation is to explore the use of container technology.

According to Docker, a popular container software, “a container is a standard unit of software that packages up code and all its dependencies, so the application runs quickly and reliably from one computing environment to another.” The environments in question could be from one developer’s laptop to another, a staging environment into production, or from a physical machine in a data center to a virtual machine on a private or public cloud.

When businesses bring on a capability (to enable a digital wealth management service or solution for their customers), it is not always as straightforward as buying the product and getting it to work. Problems usually occur when there is an incompatibility between host and guest software, differences in network topology, or security policies that do not align. A container solves this by packaging the entire runtime- the application (plus all its dependencies), libraries and other binaries, and all configuration files needed to run it. By containerising (or isolating) the application platform, differences in underlying infrastructure can be negated, making it as simple as ‘plug and play.’

Why Use a Container?

Speed

Containerised applications are lightweight and can boot up in seconds. Creating, replicating, or destroying containers can happen just as quickly. This speeds up development and operational momentum, and reduces time to market. Releasing new enhancements, products or bug fixes is also quicker, leading to stronger customer experiences.

Size 

Containers are typically small. Because of this, they are easily compacted to fewer
physical hosts than traditional server infrastructure. Many more instances of the application can fit on one machine. Containers use underlying hardware from their host, leading to low bare metal and data centre costs.

Isolation

The isolation of applications using a container enables organisations to run them easily and reliably on different environments, such as local desktop, physical servers, and cloud. This portability gives developers flexibility, as it quickens the development process and enables them to write applications in the language of their choice and makes it easy to switch between environments. Isolation also ensures continuity, so if one application crashes, it does not affect other containers running the same application.

Productivity

A container-based infrastructure offers multiple productivity benefits. The elimination of environmental inconsistencies makes testing and debugging less complicated and time consuming. This allows developers to focus on developing new features and creating solutions that improve the user experience, functionality, and competitive advantages of the application. When developers are not busy debugging or fixing problems, they have more time to be creative and productive!

Scalability

Another major benefit of using containers is that they offer immense capability for scaling. This is made possible because it is easy to replicate containers in multiples and support more load at efficient rates. Replications or reductions can be executed on demand, meeting the needs during peak or idle periods- saving costs. This translates to reaching more customers without jeopardising performance or losing efficiency and reducing redundancies. It eliminates the need to invest significant resources into growing or adapting your business.

Containerisation is not a new idea; in fact, it has been around for decades. It is however the latest and most beneficial way for digital wealth management providers to adopt modern technology to stay competitive. It may be the answer to many of the questions you are grappling with in relation to your wealth business.

Quantifeed’s Digital Wealth Management Offering

Containerisation is just one of the ways Quantifeed stays ahead of the game. The packaging of our applications and software allows for our technology to immediately run and start working. Quantifeed’s QEngine has the capability to fully support your business needs. No matter the existing infrastructure, it can be deployed anywhere. QEngine is supported across multiple cloud platforms, OSs, and DBs with VM as well as Kubernetes container support.

QEngine is built to accelerate wealth management businesses by providing a delightful way for investors to gain access to wealthcare. We understand customer pain points, support complex back-end functions, and are proud to present proven digital wealth management solutions.

Quantifeed offers an end-to-end solution that enables you to grow your customer base and revenue. Our modular technology supports multiple investment journeys and integration with your existing systems. We cater to complex data, security and compliance requirement with the flexibility to rapidly adapt to your organisation’s modernisation plans.

To know more about Quantifeed’s proprietary technology, visit www.quantifeed.com/tech. To know more about Quantifeed’s wealthcare solutions, read our use cases at https://www.quantifeed.com/clients.

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    Ross Milward

    Chief Technology Officer &
    Co-Founder

    Ross Milward leads Quantifeed’s technology and engineering efforts to deliver innovative digital wealth management solutions. Before co-founding Quantifeed, he spent more than 15 years in investment banking, holding senior positions in equity and equity derivatives technology.

    His expertise is in developing and managing large-scale enterprise-level global trading and risk systems. A former managing director, Ross has worked for Bank of America Merrill Lynch and Deutsche Bank. He has held multiple global and regional leadership roles, most recently as head of equities technology in Asia. He has worked in Hong Kong, Sydney and London.

    Ross holds a Bachelor’s degree in Computer Science with Honours and is a Fellow of the Securities Institute of Australia. He likes pushing his limits through long distance triathlon races.

    Michael McDonald

    Head of Web Engineering

    Michael McDonald builds Quantifeed’s online wealth management web application in order to deliver a user-friendly and integrated experience. Michael has over 11 years of experience in web application development.

    As Developer for Crossroads Hong Kong, he and his team set up the infrastructure for its donation and stock management application. As Developer at e-commerce company Synapse Connect in New Zealand, he and his team helped clients build mobile applications like prospersoftware.nz, providing him with a full-stack web development and DevOps skillset, servicing clients and back-office operations.

    Michael holds a Bachelor degree in Electrical and Computing Engineering from University of Canterbury New Zealand. He moved to Hong Kong in 2014 and enjoys the outdoors sports such as hiking and cycling.

    Joy Sun

    Head of Quantitative Engineering

    Joy steers Quantifeed’s research and development in systematic investment strategies, portfolio construction and trade execution. Prior to joining Quantifeed, she worked as a quantitative analyst in asset management and proprietary trading firms.

    She led development of trading strategies, including design,simulation and risk control, and research in market trend recognition and prediction. Joy earned her PhD in Operations Research from the University of Hong Kong, her MS in Statistics from Nan Kai University and her BS in Computational Mathematics from Dalian University of Technology.

    John Threlfall

    Head of Site Reliability Engineering

    John leads the SRE team in Singapore and is responsible for the overall infrastructure and SDLC of Quantifeed’s technology platform, QEngine. He ensures the design, availability, and reliability meets the requirements of both our internal and external users. He has over 20 years’ experience in the banking industry, with a demonstrated history in transforming back-office technology and developing reliable engineering systems for large financial institutions.

    Prior to joining Quantifeed, John held technical and leadership roles at Bank of America Merrill Lynch and Standard Chartered Bank. He holds a BSc degree in Artificial Intelligence from The University of Manchester in the United Kingdom. John moved to Singapore in 2008 and enjoys travelling with his family, football and scuba diving.

    Lars Bischoff

    Head of Core Engineering 

    Lars Bischoff is a lead senior software engineer on Quantifeed’s back-end services, with a focus on trading and external interfaces.

    Before joining Quantifeed, Lars had a number of leadership roles across major investment banks including Deutsche Bank, JP Morgan, UBS, and Citi. These roles included designing and implementing systems for Equities and Equity Derivatives Trading. Lars also held roles as country lead for Equities and Equity Derivatives Technology, as well as global lead for Equity Derivatives Trading.

    As a former Executive Director in Deutsche Bank and JP Morgan, Lars has extensive experience in building local and global development teams. In this capacity, he also defined and realised the technology direction and innovative platforms in the Equity and Equity Derivatives space for these two organisations. Lars holds a Bachelor of Science degree in Computer Science, from Macquarie University, Sydney.

    Chetan Shetty

    Head of Product Management

    Chetan leads Quantifeed’s product management capability and drives the implementation of features in our product that continuously solve digital wealth management problems for our clients.

    Chetan started his career as a software engineer in the aerospace industry working across the entire software development lifecycle. Subsequently he worked in various roles helping large enterprises in Hong Kong solve business problems with process and technology solutions. His experience ranges across aviation, insurance, public sector services and consulting. He has lived and worked across multiple countries and enjoys travelling to new places, tasting new cuisines and occasionally writing his blogs.

    Eric Lee

    Singapore Country Head & Head of Program Management

    Eric Lee leads the Singapore team in managing the delivery process to key regional clients such as DBS Singapore.

    Eric has held leadership roles throughout the capital markets technology domain in Morgan Stanley, Merrill Lynch, and Bank of America. He has worked extensively as the technology leader covering a broad set of functionality including  portfolio order management, equities, and electronic trading. Eric has worked around the world in locations such as Tokyo, London, New York City, and Hong Kong. He is currently based in Singapore.

    Eric has a Bachelor’s degree in Computer Science from the Columbia University School of Engineering and Applied Sciences.

    Conor Doyle

    Head of Pre-Sales

    Conor has over 20 years of experience of leading sales and service teams in high-growth financial software vendor organisations. His previous work experience focuses on leading multinational, cross-functional teams in the provision of leading-edge, highly complex and high-value fintech business solutions.

    Conor is an expert presenter, negotiator, and business operations manager; able to forge solid relationships with both clients and partners and build consensus across multiple organisational levels. He has demonstrated capacity for leadership and project management, with proven track record of meeting targets, overcoming challenges in real time, and delivering tangible results.

    Conor is bilingual (English and Japanese) with strong technical and integration experience and a Mechanical Engineering degree.

    Robert Rice

    Chief Sales Officer

    Robert Rice leads Quantifeed’s sales strategy and works with clients to define and deliver digital wealth management solutions. Based in Hong Kong for over 15 years, Robert has held sales leadership roles in APAC and EMEA at London Stock Exchange Group (formerly Refinitiv), Fitch Solutions, OFX and SNL Financial, leading teams servicing wealth managers, asset managers and financial institutions.

    His career is focused on brining innovative platforms, products and solutions to market helping clients meet their objectives. Robert is an appointed Mentor for the Hong Kong Fintech Week advising start-ups and market entrants on various topics and go to market initiatives.

    Audrey Wong

    Chief Operating Officer &
    Chief Financial Officer

    Audrey Wong manages operations and financial affairs to deliver on Quantifeed’s business strategy. Audrey joined Quantifeed from Bank of America Merrill Lynch, where she was COO for the equities division in Asia Pacific. Audrey’s tenure at Merrill Lynch included senior assignments in Toronto and New York, before relocating to Hong Kong in 2006 to take a new role as the Finance Head of Equities Derivatives for APR.

    Her responsibilities expanded to CFO of APAC Equities in 2011 and CFO for APAC Global Markets in 2013. Audrey holds a Bachelor of Business Administration from Brock University of Ontario. She is also a Chartered Professional Accountant of Ontario and Chartered Financial Analyst. Audrey enjoys biking and swimming with her two children.

    John Robson

    Chief Commercial Officer

    John Robson drives Quantifeed’s client partnerships. He works with financial institutions to assist them in developing their digital wealth management future. Based in Hong Kong for over 30 years, he has held regional leadership roles at JP Morgan, Nomura and Merrill Lynch managing teams which serviced the region’s consumer and private banks.

    His career has been focused on the development of investment platforms and products. He has been instrumental in introducing significant product innovation to wealth management platforms in Hong Kong, London and Tokyo.

    Alex Ypsilanti

    Chief Executive Officer &
    Co-Founder

    Alex Ypsilanti spearheads Quantifeed’s mission to solve the challenges of digital wealth management.

    Before co-founding Quantifeed, he spent fifteen years as an investment banking research analyst. His work enabled investors to improve their risk-adjusted returns and to gain access to a wider range of market strategies and risk premia. Alex, a top ranked analyst by Institutional Investor, had a leading role in the growth of the European ETF market, hedge fund replication and the use of volatility products in portfolios.

    A former managing director for Morgan Stanley and Bank of America Merrill Lynch, Alex has built and led teams of derivatives and quantitative strategists in London, Tokyo and Hong Kong.

    Alex holds Bachelors and Masters degrees in Information Systems Engineering and a PhD in Mathematical Finance from Imperial College, University of London.