Opetek has launched
ARIUS, a quantitative reasoning platform for institutional capital markets
designed for front-office trading desks. The company said the platform helps
traders and quantitative analysts analyse complex market problems and make
trading decisions.
AI assistants are
becoming more
common in retail trading, with brokers and proprietary
trading firms integrating them into their workflows. Opetek’s platform is
aimed instead at institutional trading desks.
Tier 1 Bank Pilots Opetek’s ARIUS
ARIUS is being piloted
by traders and quants at a Tier 1 global investment bank across foreign
exchange options workflows in New York, London and Singapore. The company said
users are analysing market scenarios and supporting live trading decisions. It
is also preparing a deployment with another Tier 1 financial institution.
Opetek was founded by
Varqa Abyaneh, formerly Chief Product Officer at Quantile before its
acquisition by London Stock Exchange Group. He previously worked in derivatives
trading, quantitative analysis and product development at investment banks,
including HSBC.
Abyaneh said trading
decisions require quantitative analysis and qualitative judgement under
significant time pressure. He said trading desks need reasoning that is
“explainable, auditable, and reproducible.”
ARIUS Creates Auditable Trading Decision
Trails
Opetek said trading
desks continue to face fragmented workflows across market data, analytics,
risk, research and communications systems. The company also cited growing data
volumes, manual analysis and undocumented assumptions that make trading
decisions harder to review and reproduce.
To address these
challenges, Opetek said ARIUS reasons across market data, pricing models,
analytics and news. Through a natural-language interface, users can generate
analysis and code without manually preparing data or creating one-off
analytical tools.
According to the
company, users can inspect the calculations, assumptions, methodologies, code
and market data behind each output, creating a reasoning trail that can be
reviewed while keeping decision-making under human oversight.
This article was written by Tareq Sikder at www.financemagnates.com.
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