Launched in May 2015, the MIQUANT platform provides a one-stop quantitative solution for professional institutions. This solution includes reliable financial data, an efficient and user-friendly strategy engine, and a fast and secure live trading terminal. By using the MIQUANT platform, institutions can free themselves from cumbersome data entry and cleansing tasks, allowing them to focus on investment research and strategy development. MIQUANT Technology is committed to integrating emerging technologies with traditional finance to provide professional investors with risk forecasting and attribution analysis.
In its early stages, the MIQUANT platform primarily targeted C-end users, but in 2017, it fully shifted to the B-end market. In 2017, the company received 50 million RMB in A+ round financing from Hundsun Technologies. At the beginning of 2018, MIQUANT began to focus on serving buy-side institutions and initiated a deep collaboration with China Merchants Bank, leveraging new asset management regulations to venture into the asset management field.
The founder of MIQUANT, Li Ke, graduated from the Hong Kong University of Science and Technology with a master's degree in computer science. Li Ke interned at Microsoft and worked in core trading system and algorithmic trading development at Deutsche Bank (Hong Kong), BOCI (Hong Kong), and ORC Software (Hong Kong), a fintech trading system company, having nearly 10 years of experience in core trading system development.
MIQUANT Technology possesses multiple software copyrights, including RQAlpha (backtesting engine), RQBeta (attribution analysis), and RQData (financial data).
MIQUANT's product system mainly comprises three components: RQData (financial data), RQPro (live trading terminal), and RQBeta (attribution analysis). These components can be combined to build a complete quantitative solution.
RQData (financial data) offers historical and real-time stock and futures data at multiple levels (daily, minute, tick), as well as financial data such as A-share financials. RQData is integrated with a simple and easy-to-use API, allowing for data queries and access through straightforward local installation and supporting various retrieval methods like Python API, Matlab API, and Excel plugin. RQData is one of MIQUANT's most renowned products.
RQPro (live trading terminal) is a core component of the MIQUANT platform, including a strategy engine, factor analysis, order management system (OMS), and portfolio management system (PMS). It offers a secondary development software development kit (SDK) and expandable interfaces, providing users with flexible customization and expansion capabilities.
RQBeta (attribution analysis) is another important functional module, capable of assisting institutions in performing attribution analysis on trade slips or strategies. With the results of attribution analysis, institutions can formulate new strategy optimization schemes and risk control settings to enhance investment performance and risk management capabilities.
