co-founders. eduard kolberg (67%) –msc in statistics & computational finance (purdue, usa)...
TRANSCRIPT
Co-Founders.
• Eduard Kolberg (67%)– MSc in Statistics & Computational Finance
(Purdue, USA)
– Portfolio Manager (avesco Financial Services AG, Berlin)
• Rostislav Ivanov (33%)– MSc in Applied Mathematics (ONU, Ukraine)
– Strong Outsourcing Background (ARKA Software, Germany & Ukraine)
Problem.
• Wealth Management Services are– either: Biased and Bad Quality (Local Bank)
– or: Expensive and for Everyone (Private Bank)
• Algorithms– did 95% of the Job.– won outstanding awards.
Solution.
• Software ? Have to sell it at least for 5K
• SAAS ? Too many Servers
• SAAS + Flash ? Cannot Code Complex Mathematical Algorithms using ActionScript
• SAAS + Silverlight ? Visual Studio & C# Experience and Team
What we already have.
• Technically– Silverlight Tool (Core)
• Smart Peer-Group Comparisons 100%• Awarded Portfolio Optimizations 90%• Great Visualizations 90%• User Added Content Approach (Financial Data) 80%
– Forum & Blog 90%– Promo Video 100%
• Economically– Great Team– Low Cost Development– Beta Launch in Mai – June 2011