In this episode of The Fintech Files, we are investigating the technology shaping the future of investing with Pierre Mendelsohn, the founder and CEO of Alpima, the SaaS platform for investment management & product design.
QUOTES
“If you looked at how the industry changed from 1995 to 2014, it's fair to say the tech we were using to build solutions did not really change very much year on year.”
“Every investment strategy, whatever that is, your portfolio, an index, a systematic strategy can be described and modelled as a digital object. That means a model with code and a unique identifier to access it and once you're able to do that you're able to do plenty of things which otherwise take much longer to do. Like visualizing modelling, backtesting, tuning, optimizing, and you can also use that to deploy the product when ready.”
“In terms of business benefits, it literally goes across the range from efficiency speed all the way to hopefully creating better solutions that perform because you've optimized them because you've actually managed to tune them to exactly what you want to achieve.”
“We've got a variety of use cases that Alpima is used for, you're basically supplying either a product team or the CIO team, and you're helping them create portfolios and implement them. You also have sales teams or solutions teams that can use the platform to create solutions in real-time or near real-time with their clients to see what would happen."
“When you have a platform that is set up and integrated with your data sources to see what people can do with it. Because the platform is there, you don't need to rebuild it, and so you've got inbuilt operational leverage into the way that operates.”
“The platform creates its metadata on usage that can really help firms make better decisions as to things that are in demand, things that clients are actually using. you're basically equipping senior management with data they've never seen before.”
“The investment management industry is at an incredibly exciting juncture. You're getting to a point where technology can demonstrably do things that are adding value to clients and firms.”
“There will be more customer-centricity, it's understood that to remain competitive, you have to be more client-centric, and for that, you've got to have tech. There'll also be an increased focus on visualization, making complicated things simple. Transparency is another thing that we're excited about; the key is not necessarily to reduce fees but to for the same amount of fees give a better service, give more insights into the products."
“Flying has always been a source of inspiration for me, and I see huge parallels between flight and what we do. Humans and machine overcoming a challenge through innovation, navigating uncertainty, controlling a complex system based on limited information.”
ABOUT ALPIMA
A new-generation platform for asset managers, wealth managers, product providers, banks, institutional investors, and asset owners.
Focused on the front and middle office, Alpima combines the latest advances in technology, data science, and Artificial Intelligence with decades of industry experience to help their clients compete in the digital age.
ABOUT PIERRE MENDELSOHN
An engineer at heart, Pierre founded ALPIMA in October 2014 to give professional and institutional investors a new service focused on rule-based investing and asset allocation.
Since then, Pierre and his team, designed and built the ALPIMA platform around the concept of Object-Oriented Investing(TM). Subsequently, Pierre oversaw the implementation of the ALPIMA platform at prestigious institutional clients globally.
Prior to founding ALPIMA, Pierre worked for two decades with leading investment banks in New York, London and Hong Kong in global markets, focusing on quantitative investment strategies (QIS) and derivatives, in origination, structuring, sales, management and senior management roles. Along with his teams, Pierre has launched numerous investment products and systematic strategies which, in total, collected tens of billions of dollars from institutional and HNW clients globally.
Previously, Pierre was a Managing Director with Morgan Stanley for four years in London and Hong Kong.
Pierre holds an M.S.E. in Mechanical & Aerospace Engineering majoring in Applied Mathematics from Princeton University and an MS in Engineering / Computational Fluid Dynamics from INPG, France.
He lives in London with his wife and three children. Marathon runner, instrument-rated pilot and aviation fan.
LINKS
https://www.alpima.net/people/pierre-mendelsohn/
https://www.linkedin.com/in/pierremendelsohn/
ABOUT THE FINTECH FILES PODCAST
The Fintech Files is a podcast dedicated to helping the Fintech industry navigate the threats and opportunities of the 2020s. Each episode features an interview with an executive or thought leader, discussing marketing, growth, sales, culture, career and more. If you’re looking to overcome your growth challenges and discover new ideas to engage with your prospects and clients or learn best practices from B2B Fintech experts, this show is for you.
The Fintech Files is brought to you by Orama and hosted by George Aliferis.
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