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QuantGate Systems Inc. Corporate Update

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New York, New York–(Newsfile Corp. – June 30, 2020) – QuantGate Systems Inc. (OTC Pink: QGSI) (“QGSI” or “the Company”) is pleased to share the following:

TEAM CHANGES

During the last several months, the Company has significantly strengthened both its Management and Advisory teams as it is accelerating its transition away from a pure technology development company towards a revenue generating commercial enterprise. These changes may be viewed in detail by visiting QGSI’s website but notable mentions are as follows:

Praveen P. Bandekar

Mr. Bandekar brings to QuantGate over two decades of experience in a banking career in the GCC and India which began at Citibank and was followed with private banking as well as senior management and leadership positions with Union National Bank (UAE), Bank of Bahrain and Kuwait, Al Ahli Bank of Kuwait, National Bank of Kuwait, ANZ Grindlays Bank (India), Deutsche Bank (India).

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Praveen is a Consumer Banking Marketing professional with demonstrated expertise in turning around growing Consumer Banking businesses, establishing business units. He is an expert across Retail Banking, Marketing, Wealth Management, Private Banking, Strategy development and implementation, Retail and SME Credit Policy and adept in leading cross-functional teams in projects including merger & acquisition. His strengths in planning and analytics and evolving solutions will be a great asset to the company.

QuantGate considers itself privileged to be collaborating with Mr. Bandekar who in addition to his role on the Advisory Board, will be spearheading the deployment of the Company’s products and services in the GCC and India.

Vlad Gesterak

Vlad has been appointed as QuantGate System’s Chief Revenue Officer and Head of Institutional Sales. He manages all Sales and Distribution efforts and is responsible for the management of QuantGate’s existing client base.

Prior to joining QuantGate Systems, Vlad held the position of Managing Director and Head of Electronic Trading Distribution and Sales Trading at Cantor Fitzgerald, a prominent mid-size Investment bank headquartered in New York City. Preceding his role at Cantor Fitzgerald, Vlad had a progressive career in Electronic Trading dating back to 2006, where he began his profession at Lehman Brothers. He then held Director positions with the Bank of America Merrill Lynch and UBS, respectively. Vlad also has experience working on the buy-side, as an HFT Execution Trader and Risk Manager. Furthermore, he worked as a Senior Trader and Portfolio Manager for an international family office.

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Joseph Capozzo

Mr. Capozzo has joined QuantGates System Inc. as Managing Director/Trading. His responsibilities are providing leadership to the Company’s newly created trading team.

This team, among other functions, will be working closely with the technology group in refining QGSI’s proprietary trading tools and in the elaboration of new automated strategies. With his skills and those of his team he finds the path to move forward.

He brings with him over 35 years of experience in the Canadian Financial Services industry. He previously served as Managing Director, Canadian Equity Trading at Canaccord Genuity, Vice president Institutional trading at Yorkton Security and at National bank.

Eric Gaigher

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Entrepreneur responsible for launching several companies in Brazil in various sectors, from entertainment, education, artistic production, artist management and marketing, and advisor / investor in more than 100 technology startups in the Brazilian market, active in the financial markets as an active trader for more than 12 years. In the last 5 years Eric has dedicated himself to the launch of a new segment of proprietary trading in Brazil, being one of the founders of the largest company of this segment in Latin America as a publicly traded company at Brazilian Stock Exchange (B3), Atom S.A. (ATOM3 ticker), where he also served as a member of the board of directors, trainer, curator responsible for methodology and marketing. Participating daily as a communicator on the company’s social media. After leaving Atom in 2019 he launched his own Venture Company to help new business development, new investors, asset managers and startups as a mentor and advisor.

Eric will be working with Leonardo Cardoso towards the development of the Company’s activities in Brazil.

Mark Tanser

Mark has been deeply immersed in the derivatives trading world for nearly 30 years, leading some of the early innovation in FX and Interest Rate structured products and financial models, as a quantitative trader and structurer for top-tier international banks in London, Toronto and Tokyo. Based in Japan for the last 15 years, he has also taken leading roles at financial and crypto startups there, steering the platform localization and establishing the technical operations and governance needed to acquire trading licenses. With a keen interest in Fintech, and passionate about the decentralization of financial services and is excited to explore and promote new trading technologies in algorithmic and AI-base d trading, for both traditional products and new markets for crypto-assets and derivatives.

Mark, in addition to his role on the Advisory Board, will be spear-heading the Company’s business development efforts in Japan.

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DIRECTOR CHANGES

Finally, effective today, the Company is pleased to welcome Ilan Yosef, the Company’s COO to its Board of Directors where he is replacing Nicholas Policelli who has agreed to step down. Mr. Policelli is also resigning as President in order to pursue other interests; the Company wishes to thank him for his diligent work over the last few years during an important period where the company was reorganizing and readying itself for a commercial rollout of its suite of products. With the transition from a quasi pure R&D company to a commercial enterprise nearly completed, additional changes and nominations may be expected in the near future.

About QuantGate Systems Inc.

QuantGate Systems Inc. (OTC Pink: QGSI) (www.quantgatesystems.com) is a diversified fintech company that is engaged in the business of researching, developing and deploying proprietary artificial intelligence trading platforms. The company’s unique approach, developed over 20 years of modeling and testing, utilizes radically innovative psychology-based models to quantify market participant sentiment and trader perception through real time analysis of market participant activities.

Since 2019, the Company has set on a new course with a clear objective to expand its suite of disruptive solutions through active development to retail and institutional trading channels.

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“In a world of zero commission trading, there is no shortage of online brokerages available to clients wishing to interact with capital markets. Today, retail and institutional trading communities are facing a challenge. Individuals and institutions find it difficult to connect the dots and make timely investment decisions. Machines and algorithms have taken a great toll on human decision making significantly impacting their trading performance. According to recent market statistics, the average rate of failure for online retail traders is 76% across multiple trading platforms worldwide within 2 years of trading. Evidently, it isn’t the platform that is necessarily the root cause in below average trader performance, but rather the complexity of the markets we are facing and our limited ability to comprehend changes to market conditions effectively. An increase of market participants coupled with highly intelligent algorithmic behaviour and automated trading, is just becoming too complex for average as well as professional trader comprehension. Our products leverage the algorithmic framework tested, built and automated over 20 years and empowers human decision-making to effectively and reliably interact with today’s evolving financial markets.” said Ilan Yosef, QuantGate’s COO and Chief Technology Officer.

Ilan further elaborated that the Company’s ambitious goals have been technologically and operationally aligned over the past 12 months for global distribution, with an integration centric approach with brokers, and a non-intrusive approach with end users (users do not need to leave their existing brokerage to trade with Pilot, which is QuantGate’s mobile app for retail traders). “We are building a team of global experts with strong domain expertise in financial services and distribution to be able to penetrate multiple jurisdictions expeditiously and simultaneously. The alignment of the team is a step towards accelerating a stronger organisation” re-iterated Ilan.

CONTACT

Ilan Yosef
[email protected]

Forward-Looking Statements

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Except for historical information contained herein, the matters set forth above may include forward-looking statements that involve certain risks and uncertainties. Words such as “may”, “could”, “anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”, and similar expressions are used to identify forward-looking statements. These forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by forward-looking statements.

QuantGate does not undertake any obligation to update any forward-looking statements and cautions investors to consider all other risks and uncertainties, including those disclosed in QuantGate filings with the United States Securities and Exchange Commission.

Fintech

How to identify authenticity in crypto influencer channels

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Modern brands stake on influencer marketing, with 76% of users making a purchase after seeing a product on social media.The cryptocurrency industry is no exception to this trend. However, promoting crypto products through influencer marketing can be particularly challenging. Crypto influencers pose a significant risk to a brand’s reputation and ROI due to rampant scams. Approximately 80% of channels provide fake statistics, including followers counts and engagement metrics. Additionally, this niche is characterized by high CPMs, which can increase the risk of financial loss for brands.

In this article Nadia Bubennnikova, Head of agency Famesters, will explore the most important things to look for in crypto channels to find the perfect match for influencer marketing collaborations.

 

  1. Comments 

There are several levels related to this point.

 

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LEVEL 1

Analyze approximately 10 of the channel’s latest videos, looking through the comments to ensure they are not purchased from dubious sources. For example, such comments as “Yes sir, great video!”; “Thanks!”; “Love you man!”; “Quality content”, and others most certainly are bot-generated and should be avoided.

Just to compare: 

LEVEL 2

Don’t rush to conclude that you’ve discovered the perfect crypto channel just because you’ve come across some logical comments that align with the video’s topic. This may seem controversial, but it’s important to dive deeper. When you encounter a channel with logical comments, ensure that they are unique and not duplicated under the description box. Some creators are smarter than just buying comments from the first link that Google shows you when you search “buy YouTube comments”. They generate topics, provide multiple examples, or upload lists of examples, all produced by AI. You can either manually review the comments or use a script to parse all the YouTube comments into an Excel file. Then, add a formula to highlight any duplicates.

LEVEL 3

It is also a must to check the names of the profiles that leave the comments: most of the bot-generated comments are easy to track: they will all have the usernames made of random symbols and numbers, random first and last name combinations, “Habibi”, etc. No profile pictures on all comments is also a red flag.

 

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LEVEL 4

Another important factor to consider when assessing comment authenticity is the posting date. If all the comments were posted on the same day, it’s likely that the traffic was purchased.

 

2. Average views number per video

This is indeed one of the key metrics to consider when selecting an influencer for collaboration, regardless of the product type. What specific factors should we focus on?

First & foremost: the views dynamics on the channel. The most desirable type of YouTube channel in terms of views is one that maintains stable viewership across all of its videos. This stability serves as proof of an active and loyal audience genuinely interested in the creator’s content, unlike channels where views vary significantly from one video to another.

Many unauthentic crypto channels not only buy YouTube comments but also invest in increasing video views to create the impression of stability. So, what exactly should we look at in terms of views? Firstly, calculate the average number of views based on the ten latest videos. Then, compare this figure to the views of the most recent videos posted within the past week. If you notice that these new videos have nearly the same number of views as those posted a month or two ago, it’s a clear red flag. Typically, a YouTube channel experiences lower views on new videos, with the number increasing organically each day as the audience engages with the content. If you see a video posted just three days ago already garnering 30k views, matching the total views of older videos, it’s a sign of fraudulent traffic purchased to create the illusion of view stability.

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3. Influencer’s channel statistics

The primary statistics of interest are region and demographic split, and sometimes the device types of the viewers.

LEVEL 1

When reviewing the shared statistics, the first step is to request a video screencast instead of a simple screenshot. This is because it takes more time to organically edit a video than a screenshot, making it harder to manipulate the statistics. If the creator refuses, step two (if only screenshots are provided) is to download them and check the file’s properties on your computer. Look for details such as whether it was created with Adobe Photoshop or the color profile, typically Adobe RGB, to determine if the screenshot has been edited.

LEVEL 2

After confirming the authenticity of the stats screenshot, it’s crucial to analyze the data. For instance, if you’re examining a channel conducted in Spanish with all videos filmed in the same language, it would raise concerns to find a significant audience from countries like India or Turkey. This discrepancy, where the audience doesn’t align with regions known for speaking the language, is a red flag.

If we’re considering an English-language crypto channel, it typically suggests an international audience, as English’s global use for quality educational content on niche topics like crypto. However, certain considerations apply. For instance, if an English-speaking channel shows a significant percentage of Polish viewers (15% to 30%) without any mention of the Polish language, it could indicate fake followers and views. However, if the channel’s creator is Polish, occasionally posts videos in Polish alongside English, and receives Polish comments, it’s important not to rush to conclusions.

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Example of statistics

 

Wrapping up

These are the main factors to consider when selecting an influencer to promote your crypto product. Once you’ve launched the campaign, there are also some markers to show which creators did bring the authentic traffic and which used some tools to create the illusion of an active and engaged audience. While this may seem obvious, it’s still worth mentioning. After the video is posted, allow 5-7 days for it to accumulate a basic number of views, then check performance metrics such as views, clicks, click-through rate (CTR), signups, and conversion rate (CR) from clicks to signups.

If you overlooked some red flags when selecting crypto channels for your launch, you might find the following outcomes: channels with high views numbers and high CTRs, demonstrating the real interest of the audience, yet with remarkably low conversion rates. In the worst-case scenario, you might witness thousands of clicks resulting in zero to just a few signups. While this might suggest technical issues in other industries, in crypto campaigns it indicates that the creator engaged in the campaign not only bought fake views and comments but also link clicks. And this happens more often than you may realize.

Summing up, choosing the right crypto creator to promote your product is indeed a tricky job that requires a lot of resources to be put into the search process. 

Author Nadia Bubennikova, Head of agency  at Famesters

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Nadia Bubennikova, Head of agency at Famesters

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Fintech

Central banks and the FinTech sector unite to change global payments space

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The BIS, along with seven leading central banks and a cohort of private financial firms, has embarked on an ambitious venture known as Project Agorá.

Named after the Greek word for “marketplace,” this initiative stands at the forefront of exploring the potential of tokenisation to significantly enhance the operational efficiency of the monetary system worldwide.

Central to this pioneering project are the Bank of France (on behalf of the Eurosystem), the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Bank of England, and the Federal Reserve Bank of New York. These institutions have joined forces under the banner of Project Agorá, in partnership with an extensive assembly of private financial entities convened by the Institute of International Finance (IIF).

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At the heart of Project Agorá is the pursuit of integrating tokenised commercial bank deposits with tokenised wholesale central bank money within a unified, public-private programmable financial platform. By harnessing the advanced capabilities of smart contracts and programmability, the project aspires to unlock new transactional possibilities that were previously infeasible or impractical, thereby fostering novel opportunities that could benefit businesses and consumers alike.

The collaborative effort seeks to address and surmount a variety of structural inefficiencies that currently plague cross-border payments. These challenges include disparate legal, regulatory, and technical standards; varying operating hours and time zones; and the heightened complexity associated with conducting financial integrity checks (such as anti-money laundering and customer verification procedures), which are often redundantly executed across multiple stages of a single transaction due to the involvement of several intermediaries.

As a beacon of experimental and exploratory projects, the BIS Innovation Hub is committed to delivering public goods to the global central banking community through initiatives like Project Agorá. In line with this mission, the BIS will soon issue a call for expressions of interest from private financial institutions eager to contribute to this ground-breaking project. The IIF will facilitate the involvement of private sector participants, extending an invitation to regulated financial institutions representing each of the seven aforementioned currencies to partake in this transformative endeavour.

Source: fintech.globa

The post Central banks and the FinTech sector unite to change global payments space appeared first on HIPTHER Alerts.

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TD Bank inks multi-year strategic partnership with Google Cloud

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TD Bank has inked a multi-year deal with Google Cloud as it looks to streamline the development and deployment of new products and services.

The deal will see the Canadian banking group integrate the vendor’s cloud services into a wider portion of its technology solutions portfolio, a move which TD expects will enable it “to respond quickly to changing customer expectations by rolling out new features, updates, or entirely new financial products at an accelerated pace”.

This marks an expansion of the already established relationship between TD Bank and Google Cloud after the group previously adopted the vendor’s Google Kubernetes Engine (GKE) for TD Securities Automated Trading (TDSAT), the Chicago-based subsidiary of its investment banking unit, TD Securities.

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TDSAT uses GKE for process automation and quantitative modelling across fixed income markets, resulting in the development of a “data-driven research platform” capable of processing large research workloads in trading.

Dan Bosman, SVP and CIO of TD Securities, claims the infrastructure has so far supported TDSAT with “compute-intensive quantitative analysis” while expanding the subsidiary’s “trading volumes and portfolio size”.

TD’s new partnership with Google Cloud will see the group attempt to replicate the same level of success across its entire portfolio.

Source: fintechfutures.com

The post TD Bank inks multi-year strategic partnership with Google Cloud appeared first on HIPTHER Alerts.

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