Equity models built with data science and institutional experience.
SparkTrade has provided quant as a service since 2020, focusing on institutions and hedge funds. Our work combines quantitative research with input from experienced institutional managers.
Leadership
Daniel Anstandig
Co-founder and CEO
Daniel is the founder and CEO of Futuri and sold his first company to Microsoft. He holds more than 25 patents in AI and automation.
Marty Shagrin
Chief Investment Officer
Marty spent 18 years as a portfolio manager at Victory Capital.
Chris Conlan
Chief Technology Officer
Chris leads quantitative research and model development. He founded the data science firm Conlan Scientific and is the author of Algorithmic Trading with Python and Automated Trading with R.
Why SparkTrade exists
Good quantitative models used to stay inside firms that could afford a quant team. We built SparkTrade so more firms could use them: platforms adding model tools for their clients, research teams looking for new data, and advisors turning their own process into a model. That is what we mean by quant as a service.
Quantitative researchers build and test the models. Experienced institutional managers check that the output makes sense to people who manage real money.
What we believe
Explain the score
If a model says a stock looks strong, you should be able to see why.
Judge models on data they never saw
Results that only hold on training data are not results.
Deliver it where people work
Research is useful when it appears inside the tools people already use.
Leave decisions with the client
We build the models. Our partners and their clients decide what to do with them.
SparkTrade is a brand of 721 Investment Systems LLC, based in Austin, Texas. SparkTrade provides research technology and data. It is not a broker-dealer or investment adviser.
Work with us
Platforms, data teams, advisors and fund managers: tell us what you want to build.