Business Insider: Hedge fund firm Two Sigma just started selling a risk analysis tool, and it shows how secretive quants are now looking to make money sharing their tech
Posted on November 13, 2019
In the Business Insider article, Dan DeFrancesco highlighted that “Two Sigma has started selling software geared towards helping allocators of assets, such as pensions, endowments, and family offices, get forward-looking insights into the potential risks in their portfolios.
Dan also quoted Jake Dwyer, Venn’s General Manager, describing how the company realized the potential of the product: “Word of the offering began to spread to non-investors that were interested in the same capabilities. By early 2019, Dwyer said, the firm recognized there was a potential commercial opportunity amongst asset allocators that were resource constrained and looking for a better way to manage their investments.”
“Customers can access a less-customizable form of Venn for free, but Dwyer said more than half of those that have signed up have opted for the subscription-based version.”
To read the full article, click here
You can also read here the letter from Venn's GM on our launch.
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