London, 1st December 2021 – Quantile Technologies (“Quantile”), the provider of multilateral optimisation services, today announced that it has strengthened its product team with the addition of Esben Urbak and Rami Atieh as Senior Product Managers. Rami joined in November, while Esben joined earlier in 2021, with both reporting to Varqa Abyaneh, Chief Product Officer.
Quantile continues to build a product team with extensive industry experience. Both Esben and Rami come from trading backgrounds and have joined the team to bring innovation and insight into new product development, with a focus on reducing risk and funding requirements in the derivatives markets.
Esben joined from MUFG Securities, where he worked for nine years and was responsible for managing the main exotics portfolio and executing all structured interest rate deals with clients across the globe. In this role he gained extensive experience trading, pricing, and hedging highly exotic derivatives within interest rates and FX as well as creating sophisticated trading and hedging strategies.
Rami joined from Crédit Agricole CIB, where he spent eight years in a variety of roles, including Head of FX Options Americas, where he led a team of traders in the US. During his time at Crédit Agricole, he was responsible for growing the bank’s US franchise, managing, trading and pricing vanilla, exotic and structured products and developing risk management tools. Previously, Rami also worked in France, as a Quantitative Developer at Lunalogic Group, and spent time in structuring and development roles at HSBC and Société Générale.
Varqa Abyaneh, CPO said: “We are delighted to welcome Esben and Rami to Quantile. We continually look to innovate and enhance our optimisation services to reduce risk and the costs associated with trading, keeping ahead of changes in regulation and trading activity. FX and interest rates are key asset classes for Quantile, and we look forward to the expertise Esben and Rami will bring as we expand our product suite and enhance our established optimisation services.”
About Quantile
Quantile rebalances risk in financial markets, delivering advanced strategies that reduce counterparty risk between market participants, increasing the efficiency and liquidity of markets, improving returns for clients and making the financial system safer.
Since launching its first products in 2017, Quantile has eliminated USD trillions of gross notional of OTC derivatives through compression and billions of dollars in margin through its counterparty risk reduction service.
Clients include the G15 top tier institutional derivatives traders and regional banks.
Quantile is headquartered in London, with offices in New York and Amsterdam.
www.quantile.com