SigTech, the provider of next-gen quant trading technology for global investment managers, has won a major contract from MasterLink Securities, headquartered in Taiwan, and one of the two leading security dealers in the country. MasterLink will use SigTech to drive its new systematic trading proposition for US and Asian equities.
MasterLink Securities, which also has offices in Hong Kong, China, provides a range of brokerage, securities underwriting and proprietary trading services to clients.
Increasingly, global investment managers are moving towards computer-driven and rules-based investing. This trend can be seen across Asia and SigTech is well-placed to service the growing demand for systematic investing in the region.
MasterLink’s portfolio managers will utilise the SigTech platform to accelerate research and trading for its North American and Asian equities business. SigTech facilitates the onboarding and normalising of new datasets to help build and launch new systematic trading strategies.
Initially, MasterLink considered building a platform in-house, but instead decided to choose SigTech to be able to respond more quickly to changing market dynamics today and in the future. As the platform is cloud-hosted, MasterLink was able to complete its integration in less than two weeks, enabling portfolio managers to begin researching and backtesting new strategies within days.
Clark Hsu, Senior Portfolio Manager at MasterLink Securities, said: “Adopting the SigTech platform has accelerated our growth plans to hire more quant fund managers and to manage more funds systematically. SigTech is a scalable solution and instrumental in supporting our growth as a business.”
Bin Ren, Founder and CEO of SigTech, said: “We are delighted that MasterLink Securities, a leading light in securities trading across Asia, chose our technology to help build its new Asian and US systematic equity trading business.
“We are constantly innovating and expanding our platform to ensure that it is market leading and can adapt to the specific needs of each client quickly and effectively. More and more investment managers are deciding to use our platform rather than building in-house.”
Despite only launching in 2019, fund managers with a combined AUM of $373 billion are already using SigTech’s platform.