Quant Insight (Qi), the new quantitative financial market analytics and trading insights provider, has announced a major expansion across Europe and the Middle Eastern (ME) territories, with new headquarters based in Limassol, Cyprus, in the Cedars Oasis Tower.
Cyprus is a major global hub for Forex and Online brokerage companies, and well positioned as a business gateway to access Asia, Europe, the Middle East and Africa. This will allow Qi to get closer and offer better services to their partners, customers and prospects across these regions.
Qi have also chosen Cyprus to launch its new retail product: iQ, which will bring cutting edge analytics and trading insights to individual retail investors worldwide. iQ is designed to help retail investors make well informed investment and trading decisions, where such insights were typically reserved for institutional investors – this offering will be made available later this year.
The new branch will be headed by Qi Partner, Zahi Younan, the CEO of Quant Insight Europe. Younan has over two decades of experience in Investment Advisory and Portfolio Management in multinational banks and family offices in UK and the Middle East. He holds an MBA and is a CAIA and CFA charterholder.
This news follows Qi’s recent scale up announcement, which has officially commenced after four years of research development and $10m in funding. The company also has offices in London, New York, Boston and Singapore and has clients with total Assets Under Management of over $2.5 trillion.
Quant Insight’s AI-based financial market brain (RETINA) scans millions of data points daily to provide a succinct overview on how macro forces are impacting all asset classes, from FX, indices and single stocks, to commodities, bond futures and cryptocurrency. RETINA reduces millions of data points into two to five essential daily insights and is already being used by some of the world’s best known investment banks, hedge funds and asset managers, including Alan Howard of Brevan Howard.
Zahi Younan CFA, CAIA, the CEO for Quant Insight Europe, said, “Cyprus was an obvious choice when it came to selecting the best placed base to lead our expansion into new markets and territories, as it is not only an ideal location to access markets in the adjacent continents, but it is also an emerging hub for traders, online brokers and retail investors in its own right.
“This expansion marks the first major step in the new growth and development stage of Quant Insight, and will shortly be followed by the launch of our cutting edge retail offering.”
Mahmood Noorani, CEO of Quant Insight, added, “Zahi, both as a partner in Quant Insight and as CEO of Qi Europe, is a key addition to our team, and I am confident he will make major contributions to Quant Insight with his capability and experience.”