Quantile Technologies (Quantile), a provider of multilateral optimisation services for hedge funds and other financial institutions engaged in OTC derivative transactions, has appointed Esben Urbak and Rami Atieh as Senior Product Managers.
Atieh joined in November, while Urbak joined earlier in 2021, with both reporting to Varqa Abyaneh, Chief Product Officer.
Both Urbak and Atieh come from trading backgrounds and will work on new product development, with a focus on reducing risk and funding requirements in the derivatives markets.
Urbak joins 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.
Atieh joins 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, says: "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.”
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