Gene Schupak, partner and head of quantitative research, Suite LLC
Suite LLC will continue to add technical enhancements to ALib, enabling it to be supported through whichever interface or technology stack user-firms opt for. This includes allowing quants and technologists to use the tools they are most proficient in. For example, Excel users are not forced to learn Python, and Python or Matlab users aren't forced to learn how to use Excel. Functionality initiatives include additional curve splining/interpolation methods developed in collaboration with industry practitioners.
Suite LLC has finally cracked it. The Brooklyn, New York-based analytics specialist founded in August 2001 has been close to the winners' circle in past years, but this is its first win across all of WatersTechnology's various awards programs. The BST Awards has a history of recognizing and rewarding small, specialist third-party vendors that provide outstanding functionality to the global asset management industry. In this respect, Suite LLC with its impressive ALib offering fits the bill perfectly. Any tool that helps portfolio managers price and manage their risk associated with complex securities is sure to resonate with the buy side. This is especially the case when it comes to fixed-income securities, particularly those that are thinly traded, a perennial challenge for even the most experienced managers.
Welcome, Suite LLC, to the BST Awards winners' circle. This is surely not the last time we will see the firm and its outstanding ALib pricing and risk analytic library on the winners' list in these awards.