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AlternativeSoft's Purpose 

AlternativeSoft is an award winning leading provider in Asset Selection, Portfolio Construction and Fund Reporting software, based in the UK and Switzerland. Our robust and proven software has enabled clients to thoroughly research and select funds (hedge funds, long only funds, ETFs and private equity). We work with some of the largest fund allocators in the world to ensure they get the most out of the software, whether that be to select the best funds, to extract a fund’s alpha, to create fund fact sheets, to track fund exposures, to build advisory portfolios, to manage a pension fund portfolio or to measure portfolio liquidity.

Our clients include the largest banks, small or large fund of hedge funds, large fund advisory companies and the world’s biggest pension funds. AlternativeSoft is all about robust portfolio construction: optimising it, measuring extreme risks, reporting, creating fact sheets, computing alpha, and selecting long only funds or hedge funds. What makes us unique is that we achieve this with an easy-to-use and logical interface.

Here at AlternativeSoft we value our clients and their feedback. This is why we are able to continuously improve our software, and recommend the appropriate licenses and services to fit our clients’ idiosyncratic needs.

Company Timeline


Since our inception in 2005, we have been pleased with our exponential growth and profitability. Through combining our state-of-the-art software with tailored services, we aim to continue our growth in the market by meeting your needs.

AlternativeSoft is an award winning leading provider in Asset Selection, Portfolio Construction and Fund Reporting software, based in the UK and Switzerland. Our robust and proven software has enabled clients to thoroughly research and select funds (hedge funds, long only funds, ETFs and private equity). We work with some of the largest fund allocators in the world to ensure they get the most out of the software, whether that be to select the best funds, to extract a fund’s alpha, to create fund fact sheets, to track fund exposures, to build advisory portfolios, to manage a pension fund portfolio or to measure portfolio liquidity.


Our clients include the largest banks, small or large fund of hedge funds, large fund advisory companies and the world’s biggest pension funds. AlternativeSoft is all about robust portfolio construction: optimising it, measuring extreme risks, reporting, creating fact sheets, computing alpha, and selecting long only funds or hedge funds. What makes us unique is that we achieve this with an easy-to-use and logical interface.

Here at AlternativeSoft we value our clients and their feedback. This is why we are able to continuously improve our software, and recommend the appropriate licenses and services to fit our clients’ idiosyncratic needs.

 

2005
Laurent Favre and Stephan Joehri identified an opportunity to add value to the asset selection and portfolio construction industry. Subsequently they founded AlternativeSoft in 2005 and began selling in January of the year. By the end of the year the company employed a team of 3 developers and began building for the future.

2006
In 2006, the revolution had begun and AlternativeSoft was making it’s mark in the asset management arena, particularly among fund of funds. We had sold our software to more than 20 well-known clients, mainly concentrated in Switzerland and the United States. Feedback was positive and feature requests began.

2007
In 2007, we achieved impressive growth by expanding our operations into the United Kingdom and doubling the number of programmers to six persons. As a result, we began operating at a profit, which was uncommon in the technology space.

Quote
“We wanted to build a software which adds value into the financial community, saves people time and allows them to focus on the important aspects of their jobs; i.e. adding value in manager selection and portfolio construction. At the same time, we wanted people to enjoy using a product which is easy and fast and have a little bit of fun along the way!”

Laurent Favre (CEO).

2008
This was a particularly memorable year for us. We were selected as the software of choice by what was then the largest bank in the United States. In addition, we made significant developments to our software, which surprised our competitors and enabled us to establish ourselves in the market.

2009
Despite the global economic climate, our success continued in 2009 and we were chosen by both the United Kingdoms and United States second largest pension fund. At this point our software was rapidly improving and we programmed our quantitative models using Fortran and Delphi.

2010

In 2010, our clients included the second largest Swiss bank and a large European company. We also committed to undertaking a conversion of our software’s underlying source code, moving to a newer and superior technology composed of C# and the .NET framework, providing us greater flexibility and compatibility advantages.

2011

2011 saw an increase in the number of new models in our development pipeline, a steady growth in new clients, and a rise in the number of employees in our London based Quants team. This put us in a good position going into the new year.

2012
The year brought about further growth for the company as we doubled our Sales team in London and further invested in our software development life cycle, hiring four additional developers, bringing our developer headcount to 14.

2013

We achieved incredible success in 2013, being ranked the number one technology provider for risk management. Indeed, the company’s growth continued with an increase in the number of developer’s to 20 persons, taking the total number of employees in the company to 28. During the year we were pleased to receive support from the largest US pension fund who selected our software to support their investment into Hedge Funds.

2014
In 2014 we endeavour to increase our software offering, database partnerships, our headcount and number of clients.

2015

In 2015 we hired two new salespeople in London, maintained our developer count, moved into a bigger office, landed the greatest wealth manager in the United States as well as the largest European bank. Approximately 800 billion USD passes through our software to measure risk portfolios. We also won further awards in 2015.

2016

In 2016 we invested heavily in R&D and expanded our London based Quant team accordingly. We continuously solved clients’ idosyncratic needs and our larger sales team has assisted to grow our sales.

We also work with clients to develop custom web solutions based on their needs.

Clients

Awards

 

 

 



 

2015: First place in the ‘Technology Provider for Risk Management’ category of Hedge Funds Review Service Provider Rankings. 2015: First place in the ‘Overall Technology Provider’ category of Hedge Funds Review Service Provider Rankings. 2014: First place in the ‘Technology Provider for Risk Management’ category of Hedge Funds Review Service Provider Rankings. 2013: First place in the ‘Technology Provider for Risk Management’ category of Hedge Funds Review Service Provider Rankings. 2013: Winner of UK ‘Technology Risk Provider of the Year’ in the International Hedge Fund Awards 2012: First place in the ‘Technology Provider for Risk Management’ category of Hedge Funds Review Service Provider Rankings. 2011: Second place in the ‘Technology Provider’ category of Hedge Funds Review Service Provider Rankings.

 


Team

                 

     

Data Partners

We currently partner with the main hedge fund and mutual fund data providers in order to provide our clients with seamless data feeds which they use within our software. We also work with some of our clients to create customized solutions, data flows and integrations as per their requests. As always, we seek new partners to widen our product and service offering to our varied clients.

  


 

LAURENT FAVRE, Founder, CEO & Partner




Laurent founded AlternativeSoft after four years at UBS Wealth Management where he was head of tactical asset allocation. At UBS, he spear-headed and implemented the investment strategies for CHF110 billion of private client assets, CHF30 billion for mutual funds and was involved in the construction of the first CHF6 billion UBS Wealth Management fund of hedge funds.

Laurent is also a co-author of several books on funds of hedge funds and hedge fund asset allocation and is frequently featured in the Journal of Alternative Investments and other trade journals. He is a frequent speaker at conferences on asset allocation with hedge funds and is an associate researcher at EDHEC-RISK and teacher of courses on hedge funds at Madrid University.

He holds a bachelor's degree in economics and an MBA in finance, both from the University of Lausanne and was a professor of economics and mathematics for 2 years in Lausanne, Switzerland.

SAMANTHA WILLIAMS, Senior Sales

 


Samantha has significant experience working with alternative managers and service providers, and has been selling software for several years, before which she worked in prime brokerage for both Morgan Stanley and Lehman Brothers.

Samantha holds a BSc in Biochemistry from Royal Holloway and an MSc in International Management from Kings College, University of London.

 

WILLIAM BROADWAY, Senior Sales

 



William is responsible for developing global sales and raising awareness of the AlternativeSoft brand. He previously worked as a Risk Consultant at a niche recruitment consultancy covering the private banking and asset management sectors.

He holds a Bachelors in Business Economics from the University of Liverpool.

He is a competitive football and rugby player.


 

RAVI MALHOTRA, Senior Quantitative Analyst
 


Ravi develops and validates mathematical models, whilst providing quantitative support to clients.

Ravi wrote a thesis on Portfolio Management in the Presence of Stochastic Volatility. During 2006, Ravi collaborated with a professor to develop a bio-mathematical model on the relationship between glucose and insulin levels in the human body.

He holds a BSc in Mathematics and an MSc in Financial Mathematics from King's College, University of London.

SAGAR AMLANI IMC, External Strategic Advisor 



Sagar is responsible for the production and development of models for the software, as well as providing a fresh attitude to daily business developments. He also provides quantitative support to clients and finds solutions to their needs.

Prior to joining AlternativeSoft, Sagar completed a summer internship at the Financial Times in London where he worked across the Finance, Legal and Company Secretariat departments. He is now an ambassador for the Pearson Diversity Summer Internship programme. Sagar’s interests lie in modern portfolio theory, hedge fund and mutual fund selection and the regulatory environment.

He holds a BSc (Hons) Economics from the University of Nottingham and an MSc in Investment Management from Cass Business School in London. He is also a holder of the IMC and a member of the CFA Society of the UK.

AKSHAY LAD, Account Manager

 


Akshay joined AlternativeSoft in March 2011. He leads all aspects of client relationships, retention and development. He has been managing client accounts which include large pension funds, sovereign wealth funds, private banks and fund of funds. He provides quantitative supports and training to clients, provides explanations on various risk measures like VaR, omega or bias ratio, portfolio management, Black-Litterman portfolio construction, stepwise regression, hedge funds exposures or stress testing.

He also holds knowledge of and has been associated with projects for systems integration, data integration and fund factsheet automation.

Akshay holds a Bachelor’s degree in Business Administration from the Devi Ahilya University, India and an MSc in Banking and Finance from Queen Mary, University of London. He is currently a level 2 candidate for the Chartered Alternative Investment Analyst (CAIA) designation.


 

CHRISTOS MARNERAS, Client Services Analyst


 

Christos is responsible for providing quantitative financial and technical support.

He holds MSc in Finance with an emphasis on Hedge Funds and Alternative Investments from Cass Business School and  BSc in Banking and Financial Management from University of Piraeus.

In his free time Christos enjoys going to gym and exercising. 

LILI LIN, Quantitative Model Validator



Lili is responsible for the validation of quantitative and technical models in AlternativeSoft. His daily responsibilities involve confirming the accuracy and robustness of model calculations, stress testing, and finding solutions to complex mathematical problems which are of importance to real world practitioners who select and build portfolios with funds.

He previously studied at Cass Business School in London for an MSc in Quantitative Finance.

His interests lie in hedge funds, investment management and quantitative finance. He is also a native Chinese speaker.

NICK YANAKIEV, Sales

 



Nick is responsible for developing global sales and raising awareness of the AlternativeSoft brand. Nick previously worked for a number of leading financial services firms in a sales capacity both within Bulgaria and the UK. He also used to work as an investor analyst in the alternatives sector prior to joining AlternativeSoft in a Sales.

Nick holds a Bachelors degree in Finance, Economics and International Studies from the University of Warwick.

He is passionate about football, table tennis and travelling.


 

STEPHAN JOEHRI, External Strategic Advisor
 

Prior to this current advisory position, Stephan worked for AlternativeSoft for 6 years, where he served as CTO and built quantitative models.  Prior to that and during his academic studies, he worked in the Quantitative Investment Solutions Team of UBS Wealth Management, Zurich, Switzerland, which involved developing an autonomous stock picking strategy and alternative portfolio optimization techniques.

Stephan holds a Master Degree in Computer Science with specialization in Computational Science from the Swiss Federal Institute of Technology (ETH), Zurich, Switzerland. In 2011, he plans to complete his PhD thesis in the area of quantitative finance and alternative investments.

Stephan has also co-authored a book on the subject 'Hedge Funds Selection with Quantitative Criteria' (Elsevier Press 2006).

FELIKS OLKO, Client Services Analyst



Feliks is responsible for providing quantitative financial and technical support.

 

Prior to joining AlternativeSoft he had experience in M&A, financial advisory, accounting, and software development. Feliks holds MSc in Banking and International Finance from Cass Business School (1st class Honours).

Client Services Analyst



Dipesh is responsible for developing and maintaining client relationships.


Prior to AlternativeSoft Dipesh worked as a Financial Consultant within regulatory and risk space, specialising in Dodd-Frank and MiFID, and as Hedge Fund Investment Analyst in IAM. In 2014, he moved to a family office as an Analyst within Fixed Income and Equity team, specialising in relative value investing.

 

Dipesh has passed IMC exam, holds MSc in Finance from Cass Business School and BSc (1st class Honours) in Financial Economics.


Languages Spoken in Sales & Quantitative Support Teams

  • Bulgarian
  • Mandarinian 
  • English
  • French
  • German
  • Greek
  • Gujarati
  • Hindi
  • Japaneese
  • Polish
  • Russian

 

Want to join us?

AlternativeSoft offers opportunities for individuals who display a genuine interest in finance.

Our employees possess different levels of financial knowledge when they join the firm, but all share necessary traits such as an analytical ability, the willingness to learn and the drive to succeed.

We offer a steep learning curve, exposure to the world’s largest alternative asset managers and a chance to work at the cutting edge of finance.

Our working environment is dynamic, highly entrepreneurial and fast paced. We continue to seek those individuals who believe they can add value to our analytics and sales teams as well as provide fresh insights to our business.

Partners

We currently partner with the main hedge fund and mutual fund data providers in order to provide our clients with seamless data feeds which they use within our software. We also work with some of our clients to create customized solutions, data flows and integrations as per their requests. As always, we seek new partners to widen our product and service offering to our varied clients.

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