A $60bn exploratory capability

Each year in the US, a portion of taxpayer funds are funneled via a handful of government agencies, like NASA, the Department of Commerce, Energy, Transportation, Health and others to universities across the country.

50 universities account for 90% of the research in the US, and they generate insights in everything you can think of, and more. Universities then write papers, issue patents and spin-out startups.

We track all that. It’s an incredible beehive of activity.

However, they interface in limited ways with corporate America: career fairs and sponsored research.

Tech transfer offices at universities are responsible to get university IP commercialized. It’s a limited success activity because they’re almost always trying to fit a round peg in a square hole.

We’re flipping the model.

What do high frequency trading and Bose Einstein condensate research have in common?

What if a high frequency trading desk could work with a Bose Einstein condensate (BEC) researcher to develop trading algorithms. Not because the IP developed by the lab is useful to the trading desk, but because both domains have expert statisticians.

By mapping this $60bn of research activity, we know which schools and groups are doing significant work in any topic. Many times the funding hasn’t even resulted in papers on Google Scholar or patents on USPTO. So we’re tracking a leading indicator.

How it works

Our platform takes a need, like ‘techniques to improve portfolio performance prediction’, understands that it needs statistics and contacts groups doing work in it. That person indicates they need financial trading support and the platform brings Finance groups to the table. All this happens in <24 hours.

The benefit of working with teams for the company is the mixing of ideas and access to resources.

You can see a portion of that process here.