3 Questions with Salloum AbouSaleh of QuantHouse

FintekNews is pleased to offer our weekly feature column 3 Questions. Each week, we feature a thought leader within a unique sector of fintech and ask them to answer just 3 questions for our audience in their vernacular. This week, we’d like to introduce you to Salloum Abousaleh, Managing Director/Americas of QuantHouse, a leading independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions.

NAME: Salloum AbouSaleh
Managing Director, Americas

What does your firm do/offer within the fintech sector?

Our flexible data solutions are designed to serve a wide range of institutions, from ultra-low latency High Frequency Traders (HFTs) to commodity trading advisors, hedge funds, alternatives investments, and sell-side algo execution providers, delivering over 180 highly normalized feeds through one single API. Our QuantFACTORY suite provides clients with a complete toolkit for development, backtesting and execution of quantitative trading strategies along with our QuantFEED market data solution and QuantLINK global infrastructure and connectivity solution. We own and manage the technology, from our FeedHandlers that are deployed as close as possible to the matching engines of the liquidity venues along with our proprietary fiber optic network linking 25 datacenters worldwide – providing fully managed, fully resilient one-stop solutions to our community of clients.

Our API Ecosystem initiative was launched in 2017 to meet the industry’s need for increased integration, and has quickly grown into the largest API-based community of buy- and sell-side capital market participants. Because of this, our quant clients are just one API away from cutting-edge trading technologies.

What area/s of fintech do you believe will grow the most in the coming 5 years?

I believe automation will continue to increase, along with the capabilities of AI and machine learning which are growing at a fast rate. While algorithmic trading has steadily gained ground over human trading for some time, we can expect its adoption to grow exponentially, side by side with its advantages – along with a continued shift in focus from just pure speed to advanced modeling and machine learning-driven decision making, now that AI is more than capable of both.

Of course, it goes without saying that your machine learning tools are only as good as your data!

How do you feel consumers (or if more relevant for your firm – businesses) are adapting to the facet of fintech that your company operates within?

Buy-side firms seeking technology solutions in today’s environment are given an unprecedented amount of choice, and making use of all the tools available to them has become a key challenge in and of itself. Taking advantage of new, innovative technology to find an edge wherever possible is a strong priority, but the more time they spend struggling with integration, the less time they have to optimize their strategies. This has caused such firms to demand increasingly flexible, scalable infrastructure that can accommodate an increasing number of sources – without taking time and energy away from what they do best.

Salloum Abousaleh serves as the managing director, Americas, responsible for leading the organization’s operations throughout North and South America including supporting the organization’s strategic alliances and partnerships, ensuring performance sales goals and representing the organization to the public, key stakeholder and business partners. Prior to QuantHouse, Salloum was the Head of Sales for the Americas for RTS Realtime Systems (sold to Bloomberg).