Quant House Fills Out Line-up With SmartQuant Buy

French low-latency data provider Quant House has acquired the technology assets and client base of SmartQuant, a vendor of automated trading development tools based in St. Petersburg, Russia.

Quant House has now taken on SmartQuant's 60 buy-side clients and an undisclosed number of its 25 London-, Paris- and St. Petersburg-based staff, and has re-branded its technology as QuantFactory.

The QuantFactory tools are based on the Microsoft .Net framework and allow users to develop, back-test, simul