Fina Technologies

Fina Technologies

Develops financial software solutions for trading houses and funds.

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DateInvestorsAmountRound

$4.5m

Series A
Total Funding000k
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Fina Technologies, Inc. operates at the intersection of high-finance and computational science, providing sophisticated trading houses and funds with advanced quantitative trading algorithms. A spin-off from Gene Network Sciences (GNS), the company leverages its heritage in complex data analysis to tackle challenges in finance, insurance, e-commerce, and government sectors. Fina Technologies was established to adapt the powerful REFS™ platform and other machine-learning tools, originally developed for biomedical data, to the massively data-intensive problems found in the financial markets. The firm's core business involves partnering with clients to deploy a robust modeling framework for a range of trading strategies, from time-series predictions to value estimation and factor models.

The company's primary offering is a data-agnostic platform engineered to deliver strong out-of-sample predictive power. This is achieved by applying highly parallel supercomputing technology combined with advanced machine learning techniques. A key feature of their service is its robustness against the common issue of overfitting, which frequently undermines the reliability of automated trading models. This allows for the development of more stable and predictive trading algorithms for its partners. The business model appears to be collaborative, working directly with financial institutions to implement its technology. The company has a history of securing investment, having previously closed a Series A funding round of $4.5 million. The leadership includes individuals with deep roots in technology and venture capital, such as director Christopher Ahlberg, who founded and sold Spotfire, a data visualization company.

Keywords: quantitative trading, algorithmic trading, financial modeling, machine learning finance, supercomputing finance, time series prediction, factor models, data-agnostic platform, predictive analytics, asset management technology, financial software, fintech solutions, capital markets technology, investment technology, trading algorithms, risk management, Gene Network Sciences spinoff, quantitative analysis, computational finance, high-frequency trading

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