David has 20 year experience at innovative and fast growing tech businesses producing advanced analytics for asset managers, asset owners and their consultants across the UK, Europe and Asia; deploying “new standards” and technological change at many of the leading investment management institutions globally.
David is a thought leader on market risk management, frequent speaker and advisor at Quantitative finance events globally.
Founder & CEO
As Head of Research at SAPIAT, Tim drives SAPIAT innovation turning novel ideas into useful new methodologies. He has over 25 years of experience in building models of equity returns and volatility. Dr Wilding has developed new optimization techniques and robust optimization routines to fit several different types of factor model. Tim’s current research interest is in developing regime-dependent factor models for use in scenario modelling.
He holds a Ph.D. from the Department of Physics at Cambridge University
Head of Research
Simon has worked as CTO and advisor for early stage businesses for almost 10 years most recently with the multi award winning UK startup BaseStone. Prior to that he was part of the management team at APT from 2000 through to its sale to Sungard (now FIS) primarily responsible for scaling production, delivery development and infrastructure.
Simon holds a BSc and PhD in physics from Dublin City University and worked for many years in applied and computational research in the fields of optical sensors and X-ray lasers.
Chief Technology Officer
As Head of Applied Research, Laurence engages SAPIAT clients on their usage and requirements for current and upcoming products, ensuring SAPIAT doesn’t miss a beat in its client satisfaction and product development.
Most recently Laurence was Head of Research at FIS’ (ex-SunGard) buy-side business from 2008 until 2018. Previously he was CRO (chief risk officer) at Austin Friars Capital, a prop trading unit of Deutsche Bank, a quant researcher at Old Mutual AM and Northern Trust AM. He also worked at the European Central Bank and the at the Bank of England (Monetary Analysis Division) until 2002, supporting their economic research and monetary policy committees.
Laurence currently serves on the Advisory Panel of Inquire UK, and was previously chair of the City Associates Board at the Centre for Computational Finance at the University of Essex. He has published several academic papers and book chapters on risk and quantitative finance.
Laurence holds a BA in physics from Cambridge and a Ph.D. in theoretical physics from the University of California, Santa Cruz.
Head of Applied Research
As Model Research Scientist Alvin spearheads SAPIAT’s theoretical modelling efforts of financial markets. Alvin has worked extensively with linear factor models of security returns since the early 1980’s in the areas of value-at-risk and security performance. His thesis, “Heteroskedasticity and the Estimation of Systematic Risk”, demonstrates that the the contemporaneous estimation bias (CEB) in testing of linear factor models of security returns is due to the misapplication OLS estimation in certain patterns of heterogeneous errors.
He has worked extensively with the EM algorithm for factor analysis in developing extensions to a variety of financial models. Alvin holds a PhD in Finance from Graduate School of Business at University of Wisconsin-Madison.
Model Research Scientist
As Head of Application Development, Ben is responsible for SAPIAT’s development cycle, enforcing the highest development standard and practices.
Previously he held senior roles at SunGard Trading and Risk Systems (now FIS) building pricing models and risk analytics for equity derivatives, convertible bonds and structured products.
Ben Woodley holds a a PhD in Applied Mathematics from the University of Cambridge.
Head of Application Development
A Senior Software Developer at SAPIAT, Ian is responsible for DevOps daily management and Client Delivery.
Ian has 13 years experience supporting clients in the risk management industry with EM Applications & subsequently SAPIAT.
Ian holds a BSc in Computer Science from the University of York
Head of DevOps and Client Delivery
As Lead HPC Developer, Hugo has primary responsibility for bringing scale and speed to SAPIAT’s calculations. Hugo is a qualified actuary (Fellow of the Society of Actuaries) with ten years of experience in the insurance industry. He joined SAPIAT from Aviva Group Office in the UK, where he worked on Solvency II capital modelling. Prior to that, he was a senior associate in EY actuarial consultancy and an actuarial associate in life insurer AXA in Asia.
Hugo is an FSA (Fellow of the Society of Actuaries), a FRM (Financial Risk Manager) and holds a BBA in Insurance, Financial and Actuarial Analysis from the Chinese University of Hong Kong.
Lead HPC Developer
As Research Analyst, Ria works within the Research Team while also supporting Asia clients in the deployment and usage of SAPIAT products, ensuring client satisfaction is met with depth of knowledge. Ria holds BSc in Economics (Honors) from Symbiosis International in Pune, India.
As Regional Manager for Africa, Costas is responsible for SAPIAT’s attentive deployment and proposition within the region.
Previously Costas worked as the African representative for APT where he developed his business to become the dominant distributor of market risk software in South Africa.
Costas is a qualified CFA, and holds a Doctor of Business Leadership from the University of South Africa, an MBA and a BSc in Electrical Engineering from University of the Witwatersrand.
Regional Manager, Africa