Boston FinTech startup, Quantopian, is open-sourcing its application to coders interested to “write market-beating algorithms.”
One Boston FinTech startup, Quantopian, is open-sourcing its application to coders interested in researching and testing financial investment data. The company provides tools that allow anyone, if they have the ability, to “write market-beating algorithms.” Founded in 2011, the company has raised US$24 million as a hedge fund startup, using crowd-sourced data to create and manage investments for many types of investors. John Fawcett, chief executive and founder of Quantopian, told the Globe: “The most important trend behind our business is the explosion of data available from the real economy.”