What We Do

We bring an unparalleled combination of functional expertise and specialized industry knowledge to all of our clients. Our combination of deep technology expertise and our extensive domain knowledge of the capital markets and hedge fund operations is unique to Cognivo.

Highlights of our Technology capabilities & typical undertakings

Data Strategy Review & Report

At Cognivo, our goal is simple - We help you make confident, profitable investment decisions based on timely, accurate and reliable data. We help hedge funds develop a robust, long-term data driven culture and strategy.

Data Management & Integration

At Cognivo, we realize that most hedge funds are inundated with data from multiple sources and in multiple formats. We help hedge funds manage their data in a robust manner, allowing them to fully utilize their data in a unified view across all business functions.

Modernize Legacy MS Excel Systems

Most hedge funds extensively use MS Excel and MS Access on a daily basis. Excel is an excellent tool for performing data analysis, along with Visual Basic for Applications (VBA) to interface Excel for quantitative analysis and back testing.

Proprietary Software Development

Most hedge funds differentiate themselves by utilizing diverse investment strategies, products, and services to serve their clients. We work with hedge funds that have unique portfolio management, risk management, and trading and execution requirements.

Operations & Reporting Automation

At Cognivo, we provide specific, actionable and detailed recommendations that will help your hedge fund improve operational efficiency, minimize operations inaccuracies, reduce cost, advance decision making, and improve alpha

Investment Process Improvement

At Cognivo, we provide a vast array of financial modeling capabilities, including quantitative finance and data science capabilities, including machine learning, deep learning, and AI to hedge funds looking to generate alpha.

Third-Party API & Data Integration

At Cognivo, we provide a vast array of trade automation solutions, including automation of the entire trading process utilizing APIs for a multitude of broker-dealers on various exchanges.

Third-Party Vendor Support

At Cognivo, we have worked with numerous hedge funds to integrate third-party vendors within their firm's existing technology infrastructure and operations processes in a seamless manner.

Data Strategy Review & Report

At Cognivo, our goal is simple – We help you make confident, profitable investment decisions based on timely, accurate and reliable data. We help investment firms develop a robust, long-term data driven culture and strategy.

Methodology

We start by having an initial two-hour meeting with your internal team. During this confidential session;

  1. We discuss and understand your current data strategy.
  2. Take an inventory of the data sources (both structured and unstructured data) being used within your investment firm.
  3. We also take inventory of the technology and software infrastructure being utilized to manage and analyze data.

Once the initial session is complete, we typically take about 1-2 weeks to perform a complete assessment of your current data strategy. Once the assessment is complete, we set up a second up to two-hour meeting with your team to present the results of our findings, and recommendations in a comprehensive report.

Deliverables

At the end of the review process, we will provide you with a comprehensive report, which will include:

  1. A summary of our findings about your current data strategy, inventory of data sources being used, and other details.
  2. Comprehensive recommendations on how your investment firm’s data strategy, technology infrastructure, and processes could be re-engineered to provide a more robust, scalable, long-term data usage. We also provide recommendations on specific areas of concern that you may have.
  3. Recommendations on how to create policies and procedures that will allow you to scale and manage your data for future growth.

On-Demand Chief Data Officer

Cognivo offers on-demand Chief Data Officer services to selected clients. Our experts provide phone, video, and in-house data-related consulting services. Our data experts will be available to consult as needed. We provide these services on an hourly or monthly basis.

Data Management & Integration

At Cognivo, we realize that most investment firms are inundated with data from multiple sources and in multiple formats. We help investment firms manage their data in a robust manner, allowing them to fully utilize their data in a unified view across all business functions.

We provide consulting services in the following areas of data governance, management and integration:

Data Architecture & Operations

  • Data Architecture & Modeling
  • Database Design & Development
  • Database Operations Management
  • Data Integration Management
  • Structured & Unstructured Data Management

Data Governance & Security

  • Master Data Management
  • Reference Data Management
  • Data Access Management
  • Metadata Management

Data Quality Management

  • Data Cleansing
  • Data Normalization
  • Data Deduplication
  • Data Enrichment

Modernize Legacy MS Excel Systems

Most hedge funds extensively use MS Excel and MS Access on a daily basis. Excel is an excellent tool for performing data analysis, along with Visual Basic for Applications (VBA) to interface Excel for quantitative analysis and back testing.

Our specialists can help with all your MS Excel or MS Access undertakings, including Visual Basic programming, custom spreadsheet templates, cleaning and normalizing large sets of data stored in huge MS Excel documents that might take minutes to load.

We also have proficiency in data merging and conversion from multiple MS Excel and MS Access files, custom reports, dashboards and database integration, as well as migrating data from MS Excel and MS Access to enterprise relational databases.

Legacy System Upgrade

At Cognivo, we work with hedge funds that are looking to scale their front-office systems for future growth, and to migrate their legacy systems, often using MS Excel and MS Access, to a more robust, faster, reliable, and scalable model using the latest programming languages, including Python and R. If needed, we have the capabilities to deploy your new system on your very own private cloud.

We have broad experience in using statistical programming languages (Python, R) and toolkits to analyze large, complex datasets. We have technical expertise in optimizing data collection, database design, data mining, data modeling and data analysis.

Our engineers work directly with other researchers, investment managers, and traders to improve existing proprietary strategies and to develop new trading algorithms.

Proprietary Software Development

Most hedge funds differentiate themselves by utilizing diverse investment strategies, products, and services to serve their clients. We work with investment managers that have unique portfolio management, risk management, order management, and trading and execution management requirements.

At Cognivo, we have expertise in performing updates and enhancements to current systems, as well as comprehensive experience in building completely new, and tailored software applications, systems, and services based on your investment firm’s strategic business needs.

Our financial technology specialists work in small, agile teams, applying our unique blend of lean startup methodology and agile development principles. This allows us to deliver high throughput, low latency, and highly scalable technology solutions, tailored to the investment firm’s exact needs.

Our team of software engineers, UI/UX designers, and data scientists use methods refined through thousands of hours of collaboration with hedge funds all over the United States.

Portfolio Management System

Our team of experienced software engineers, UI/UX designers, and data scientists will develop, enhance or re-engineer your proprietary portfolio management system.

Some of the features and enhancements include,

  • Real time P&L, NAV, VAR view by portfolio, baskets, sectors, geography, and other attributes.
  • Support for multi-asset (equities, commodities, and FX), and multi-currency portfolios.
  • Integration with multitude of broker-dealer trading APIs, market data sources, and charting APIs.
  • Seamless integration with middle and back office systems.

Risk Management System

Our team of experienced software engineers, UI/UX designers, and data scientists will develop, enhance or re-engineer your proprietary risk management system.

Some of the features and enhancements include,

  • VAR calculations at portfolio level, sector level, by asset class, and other attributes.
  • Support for all three VAR calculations, including Historical method, Variance-Covariance method, and Monte Carlo simulation.
  • Live P&L and risk calculations for complex derivatives, commodities, and FX positions.
  • Flexible what-if scenario calculations and analysis.
  • Seamless, one-click report generation and distribution to predefine decision makers.
  • Support for desktop, email, SMS, and other types of alters.

Execution & Order Management System

Our team of experienced software engineers, UI/UX designers, and data scientists will develop, enhance or re-engineer your proprietary order management system.

Some of the features and enhancements include,

  • Highly configurable order management system with support for automated trading APIs from major broker-dealers.
  • Support for multitude of complex order types, including market, limit, stop-loss, stop-limit, trailing-stop loss, trailing stop limit, and other popular order types.
  • Seamless integration from trader execution to post-trade allocations and communications.
  • Support for multitude of market data feeds, FIX protocol, and charting APIs.

Operations & Reporting Automation

There is a lot of change happening across the hedge fund industry, as hedge funds deal with uncertain markets, ever-increasing regulatory pressure, and a highly competitive landscape. At Cognivo, we deliver a wide array of services to hedge funds that are looking to minimize their operations cost in order to improve alpha.

Operations Automation

At Cognivo, our team of experienced specialists will perform a complete assessment of the operations processes and technology infrastructure being used, from the front-office to middle and back-office.

Based on our assessment, we will provide specific, actionable and detailed recommendations that will help your hedge fund improve operational efficiency, minimize operations inaccuracies, reduce cost, advance decision making, and improve alpha.

Deliverables

At the end of the review process, we will provide you with a detailed report which will include:

  1. Recommendations on how the current operations processes and technology infrastructure could be made more cost effective.
  2. Comprehensive roadmap on how your firm’s technology infrastructure and operations processes could be re-engineered to work as smoothly as possible, particularly in specific areas of concern, such as risk and regulatory compliance.
  3. Detailed plan on how your firm’s technology infrastructure and operations processes could be re-engineered for future growth based on strategic priorities.
  4. Recommendations on how to create policies and procedures that will allow you to scale your operations infrastructure to support future growth.

 


Reporting Automation

At Cognivo, we work with hedge funds firms to design, develop, test and deploy tailored reporting solutions that seamlessly integrate with their front-office, middle-office, all the way to their back-office operations.

We have the know-how and experience to automate reports that involve multiple manual steps and more than one team member. These reports can be scheduled to run daily, weekly, monthly or quarterly, or as needed, and be delivered automatically to the internal teams or specific managers and partners.

Our team of specialists focus on producing accurate, timely reports, by adding reconciliation and other error checks, including NAV errors, which are usually caused by corporate actions, duplicate trades, etc., at various stages of the report generation process.

Investment Process Improvement

At Cognivo, we provide a vast array of financial modeling capabilities, including quantitative finance and data science capabilities, including machine learning, deep learning, and AI to hedge funds looking to generate alpha.

Our specialists have comprehensive knowledge and experience in capital markets, including delivering software and data solutions for broker-dealers, investment banks, exchanges, and hedge funds.

Our team of specialists work directly with investment managers to construct, validate, back-test, and incorporate quantitative models into current or new proprietary investment strategies.

We have comprehensive experience using advanced statistics and data analysis to develop various quantitative models, including quantitative asset pricing as well as models for price or returns of complex derivatives, like options, interest rates derivatives, and credit derivatives. We also have experience in developing custom highly complex risk models for all major asset classes, such as equities, commodities, fixed income, and FX. We specialize in multi-asset and multi-currency portfolios.

Data Science (Big Data, Machine Learning, Deep Learning & AI)

At Cognivo, our specialists have backgrounds in mathematics and statistics. For the last three years, we have been applying data science, including machine learning, deep learning, and AI into developing investment and trading strategies.

We have broad experience in using statistical programming languages (Python, R) and toolkits to analyze large, complex datasets. We have technical expertise in optimizing data collection, database design, data mining, data modeling and data analysis.

Our specialists work directly with other researchers, investment managers, and traders to improve existing proprietary strategies and to develop new trading algorithms.

Investment firms that manage the flow of data effectively and take big data and machine learning seriously will gain a tremendous strategic advantage over their competition. We have the knowledge to use the right tools and services available in the big data landscape today to help you make data-driven investment decisions.

Big Data Capabilities

At Cognivo, we have the capabilities to help you transform the vast amount of data that has been sitting in your databases, CSV/XML files, emails, spreadsheets and other data sources into highly-accessible data sources that provide real actionable information based on facts.

Big Data Technologies We Work With

We have experience working with the following big data technologies.

Analytics Infrastructure (Hadoop)

Hortonworks
Cloudera
MapR
Pivotal

Big Data As A Service

Amazon Web Services (AWS)
Windows Azure
Google BigQuery
Teradata

Programming Languages

R
Python
Scala
Java

NoSQL Databases

MongoDB
Cassandra
Elasticsearch
Couchbase

Machine Learning & AI Capabilities

At Cognivo, our specialists have backgrounds in mathematics and statistics. For the last three years, we have been applying data science, including machine learning, deep learning, and AI into developing investment and trading strategies.

We have broad experience in using statistical programming languages (Python, R) and toolkits to analyze large, complex datasets. We have technical expertise in optimizing data collection, database design, data mining, data modeling and data analysis.

Our specialists work directly with other researchers, investment managers, and traders to improve existing proprietary strategies and to develop new trading algorithms.

Third-Party API & Data Integration

At Cognivo, we provide a vast array of trade automation solutions, including automation of the entire trading process utilizing APIs for a multitude of broker-dealers on various exchanges.

We support all major asset classes, including equities, commodities, fixed income, and FX products. We also have experience in integrating trading systems with back office, risk management, reporting, and other internal systems.


Supported Broker-Dealer APIs

At Cognivo, our specialists have extensive experience in building automated trading systems using trading APIs from ETrade, TD Ameritrade, Pinnacle Trading, Interactive Brokers, MB Trading, and other major players.


Supported Charting APIs

At Cognivo, we have the capabilities and experience building proprietary systems using relevant third-party charting APIs from software providers, such as AmiBroker, MultiCharts, eSignal, TradeStation, and other popular players in the market.


FIX, Bloomberg & Other APIs

At Cognivo, we have experience in using connectivity APIs, like FIX, Bloomberg, IQFeed, and others.

Third-Party Vendor Support

At Cognivo, we have worked with numerous hedge funds to integrate third-party vendors within their firm’s existing technology infrastructure and operations processes in a seamless manner.

As we do not work for a specific vendor, we are able to provide you with an unbiased and objective recommendation based on your strategic business goals. Our team works as an extension of your firm. We can help you with installation, training, onboarding, and any other technical issues related to most major financial software vendors.

We have technological expertise in the most popular financial technology software products, including Investran, PORTIA, VPM, Bloomberg, Eikon, and SS&C Recon.