CALCGUARD TECHNOLOGIES
AN UNCONFLICTED
DATA & CALCULATION PLATFORM
Modernized
Data
Management
Consortium Driven:
For the Industry
By the Industry
Reimagining
Trade Data
Collaboration
ABOUT CALCGUARD
CalcGuard Technologies is a consortium driven platform designed to introduce modern technologies that reduce the cost and complexity of data management for investment managers and the firms that serve them.
The unique insights and intelligence that improves investment and trading decisions requires better data quality and tools.
CalcGuard provides participants with advanced data management capabilities, democratizes access to expanded trade data, and enables secure collaboration.
EXPANDED
UNIFORM DATA
ZERO-TRUST
DATA SHARING
STREAMING
INSIGHTS
DATA & ANALYTICS
COLLABORATION
PLATFORM OVERVIEW
Hover over the icons below to explore this graphic.
01 / CONTENT
Expanded content drives unique insights and streaming intelligence
02 / GOVERNANCE
Best practice corporate, platform and data governance protects everyone's interests
03 / SECURITY
Advanced security and control framework protects data regardless of state or location
Advanced
Encryption
CONTENT
SECURITY
GOVERNANCE
01 / CONTENT
Usability
-
Increased Granularity
-
Extendable & Interoperable
-
Customizable Tools
Usable, streaming insights.
CalcGuard delivers full trade data including fills, partials, replaces, cancels, zero-routes, acknowledgements and rejections. The data model is designed for extendibility, ease of integration and collaboration across market stakeholder groups. An intuitive user interface and customizable analytics tools provide efficient access to the depth and breadth of information required in today’s marketplace.
01 / CONTENT
Data Quality
-
Common, FIX-Based Data Model
-
Streaming, Asynchronous Transformation
-
Correlation & Lineage
CalcGuard transforms data on-the-fly, to a FIX-based common data model, and applies governance rules asynchronously without impacting performance. Events are correlated without timestamp dependencies and data lineage is assured through a unique root ID which is persisted throughout the ecosystem.
02 / GOVERNANCE
02 / GOVERNANCE
Data Governance
-
Flexible Controls & Permissioning
-
Remote Data Access Management
-
Immutable Access and Control Ledger
The CalcGuard control framework provides a powerful combination of role and time-based access controls at the field level. Data access rights can be controlled or withdrawn remotely using CalcGuard's Data Vault technology. CalcGuard's usage and permissioning ledger provides an auditable record of data access and control activities.
Platform Governance
-
Best Practice Governance
-
Industry Consortium Owned
-
Investment Management Advisory Council
The CalcGuard consortium incorporates best practice governance principles to protect common stakeholder interests and ensure value for the consortium members and their clients. The entity is industry-owned and all product deliverables are driven by investment management stakeholders.
02 / GOVERNANCE
03 / SECURITY
Secure Collaboration
-
Containers for Real-Time and Persisted Data
-
Secure Collaboration Easily Managed
CalcGuard enables secure data collaboration by applying cloud-native container technology to streaming and persisted data stored locally or remotely. Write-only access to data can be enabled while read/write or read-only access can be managed separately. A flexible deployment plan accommodates participant's existing setup.
03 / SECURITY
Advanced Encryption
-
Quantum-Safe Encryption
-
End-to-End Protection
-
Sightless to CalcGuard Operations
CalcGuard applies advanced, quantum-safe encryption technology to protect data on an end-to-end basis regardless of network, use or storage.
The CalcGuard security model allows data to be accessed for computation or quality management while remaining encrypted. Data remains sightless even to CalcGuard operations and can only be accessed by permissioned users.
Data Quality
Secure
Collaboration
Usability
Platform
Governance
Data
Governance
LEADERSHIP
EXECUTIVE TEAM
TIM SARGENT
Chief Executive Officer
Tim Sargent - CEO
Prior to co-founding Net Alpha Advisors, Tim Sargent founded Quantitative Services Group (QSG) in 2001 and served as its President and CEO. In 2011, Tim sold QSG to Markit Group Ltd. Before QSG, he developed and managed Donaldson, Lufkin & Jenrette's (DLJ) global quantitative research and trading activities. He began his career at the Northern Trust Company and helped build the derivative research & trading businesses of Merrill Lynch and Salomon Brothers.
MARK SCHAEDEL
Chief Operating Officer
Mark Schaedel - COO
Prior to joining CalcGuard, Mark Schaedel was the global head of Custom Index and Benchmark Services at IHS Markit. Before Markit, Mark co-founded the COBA Project, an EU market structure and a consolidated tape consortium. Mark served as global head Information Services at NYSE Euronext and was a founding executive board member of NYSE Technologies. He started in equity trading and operations at Cowen and later co-founded StreetServe Inc. and became COO.
JIM NORTHEY
Chief Technology Officer
Jim Northey - CTO
Jim Northey currently serves as a co-chair of the FIX Global Technical Committee and 3 ISO committees. He was a Senior Vice President of Strategic Research focusing on Protocol Engineering and Standards at Itiviti Group AB, following acquisition of The LaSalle Technology Group, LLC in 2015, which he co-founded in 2006. Jim was awarded the FIA Annual Achievement award as part of the team that created FIXML for listed derivatives clearing standardization.
BOARD & COUNCILS
ENRICO CACCIATORE
Head of the Investment Management Advisory Council (IMAC)
Enrico Cacciatore
Enrico Cacciatore is a Senior Quantitative Trader and Head of Market Structure & Trading Analytics for Voya Investment Management. Enrico manages trading for the quantitative equity team, ETP trading for the Multi-Asset Strategies Solutions team and leads the effort in evaluating and improving the overall trading process. Enrico was the 2018 Markets Media Buy-Side Quantitative Trader of the Year and a member of NASDAQ’s Institutional Traders Advisory Committee (ITAC).
JEFF ESTELLA
Board Member & Advisor
Jeff Estella
Jeff Estella provides independent consulting and advisory to the financial services community, leveraging his personal experience and industry expertise. He spent twenty years at MFS Investment Management and held the roles Director of Trading Analytics & Investment Operations, Director of Global Equity Trading, and Senior Equity Trader. He also served as a founding Board Member of Luminex Trading.
JAMIE SELWAY
Board Member & Advisor
Jamie Selway
Jamie Selway is the former Head of Electronic Brokerage at ITG. Prior to ITG, Jamie was a Managing Director at White Cap Trading, an institutional agency brokerage he co-founded in 2003. He previously served as Chief Economist at Archipelago and worked in equity derivatives research at Goldman Sachs. He is currently involved in number of financial market initiatives as an investor, board member, and advisor.
JOE SCAFIDI
Board Member & Advisor
Joe Scafidi
Joe Scafidi serves as the Director of Trading at Brandes Investment Partners. At Brandes, Joe is responsible for the management and oversight of the global trading desk and the trading strategy for implementing investment decisions. He previously held roles at Morgan Stanley, Bank of America and Lehman Brothers. Joe has been an active voice in supporting U.S. market structure reform, with periodic meetings in Washington, DC, with the SEC, FINRA, US Treasury and the House of Representatives.
