BOSTON, April 22, 2021 / PRNewswire / – Scientific Financial Systems, Inc. (SFS), dedicated to the development of quantitative analysis and financial management tools, has closed its first round of funding to accelerate the growth of its next-generation Quotient product.
Situated at California and in the Northwestern United States, a group of tech investors led this round to close April 2021 with an undisclosed seven-digit amount.
“This cycle has come from investors who understand the market and can see how Quotient fits into the future of financial analysis and management,” said Pete millington, Founder and CEO of SFS.
“We have built a strong leadership team. Version 2 of our flagship product launches in the second quarter,” continued Pete, “with this investment we can grow even faster than we have been and start development. additional products. “
The SFS management team has over 50 years of practical experience in quantitative investment management. Quotient was designed from the ground up to solve problems such as various financial time series analysis, stock price forecasting, portfolio analysis, automated data flow management, custom data integration and the application of machine learning to financial modeling.
SFS’s vision is that existing quantitative financial tools are too rigid and do not provide sufficient flexibility and scalability to take advantage of the advanced and creative techniques needed to identify and exploit new alpha opportunities.
For more information please contact: [email protected]
SOURCE Scientific financial systems