23

Oct

2021

ShanCe Wins the “2021 Innovation Award for Technology Services in Quantitati

On 23 October 2021, the annual award ceremony of the Commodity Summit & the 2nd China Futures (Options) FOF Private Equity Invitational Competition was held in Dalian. Bolstered by the company’s numerous breakthrough technologies and continuous business innovation in FinTech, ShanCeTech won the “2021 Innovation Award for Technology Services in Quantitative Trading”, which bears testimony to the leading status of the company’s solutions in various fields including system performance, scenario application, innovative practices, user experience and many other aspects.

ShanCeTech has been deeply engaged in high-performance software developed and technology services for many years. The company has technical solutions that meet high international standard for both domestic and overseas clients ever since 2015.It has built an efficient technology ecosystem for quantitative trading providing the ultimate performance and user experience.

After years of technology evolving and continuous optimization and upgrade, ShanCeTech’s low-latency trading system for futures, market data distribution system, PB trading system for equities and futures, and cloud back-testing solution jointly developed with SSE Info have empowered brokers to better serve quantitative trading clients. Responsive customer service and superb development capability also make the company a reliable technical partner.

As a professional FinTech company that provides flexible and tailored services to its clients, ShanCeTech is always committed to meeting their requirement with the innovation and cutting-edge technologies.
Since the middle of this year, ShanCeTech has begun an innovative collaboration with domestic leading brokerage firms on the new generation of tick-by-tick backtesting and live simulation system. The system simulates the matching engine through the official tick-by-tick market data provided by the exchange to better represent the real market environment, thus it provides a more accurate backtesting results for quantitative strategies This joint effort will further help the quantitative industry to adopt a none scientific approach and enhance their strategy performance while reducing the systematic risk at the same time.

Next, ShanCeTech will continue to cooperate with regulators, partners and industry players to contribute to an orderly and stable market environment. By offering efficient, stable and rigorous technical solutions, the company will assist China’s quantitative trading market in meeting the needs of technology development and internationalization in the new era.
 
About ShanCeTech

Founded in 2014, Shanghai ShanCeTech Technologies Company is a high-tech enterprise based in Shanghai, a software supplier and service provider focused on providing ultra-low latency solutions for the securities and futures industry. The company provides products and services covering the full quantitative trading lifecycle from market data access backtesting, execution to risk management. The internal run-through latency reaches nanosecond level, offering industry-leading performance and stability.

ShanCeTech has many years of experience in serving top professional traders and hedge funds. Possessing an international perspective and world-class expertise, the company is fully familiar with the rules, norms and technical nuances about operating in China, making it the ideal partner for overseas trading firms to access the market with less effort.