Jefferies & Company, Inc., a global investment bank and international securities firm focused on growing and mid-sized companies and their investors, has adopted ClariFI’s ModelStation application to support its quantitative strategies group.
“ModelStation enables us to get our strategies into production in a fraction of the time by eliminating the programming, debugging and recompilation efforts that are typical with our type of workflow,” said Vlad Portnoy, head of quantitative strategies at Jefferies. “The flexibility of ModelStation has also made it easy for us to leverage code that we have developed outside the system and we’ve found their client service team to be very responsive and adept at helping us create new custom scripts.”
Gioel Molinari, president and CEO of ClariFI, said: “ClariFI is best known for its ability to support the quantitative portfolio management and research needs of buy-side institutions and hedge funds. We are very happy to have Jefferies as a client because they demonstrate our ability to support the requirements of sell-side desks as well. We look forward to continuing our relationship with Jefferies and providing them with the products and services they need to gain a competitive advantage.”