London-based quantitative financial market analytics and trading insights provider Quant Insight (Qi) is planning a major expansion across Europe and the Middle Eastern (ME) territories, with the new headquarters in Cyprus.
Cyprus is a key global hub for Forex and online brokerage firms, and it is strategically located as a business gateway to Asia, Europe, the Middle East, and Africa. This will help Qi to become closer to its partners, clients, and prospects in these regions and provide better services.
This expansion plan follows Qi’s recent scale-up announcement, which has officially commenced after four years of research development and $10 million in funding. The company also has offices in London, New York, Boston, and Singapore and has clients with total Assets Under Management of over $2.5 trillion.
“Cyprus was an obvious choice when it came to selecting the best-placed base to lead our expansion into new markets and territories, as it is not only an ideal location to access markets in the adjacent continents, but it is also an emerging hub for traders, online brokers and retail investors in its own right. This expansion marks the first major step in the new growth and development stage of Quant Insight, and will shortly be followed by the launch of our cutting-edge retail offering.”
“Zahi, both as a partner in Quant Insight and as CEO of Qi Europe, is a key addition to our team, and I am confident he will make major contributions to Quant Insight with his capability and experience,” said Mr. Mahmood Noorani, CEO of Quant Insight.
According to the statement, “Qi has also chosen Cyprus to launch its new retail product: iQ, which will bring cutting edge analytics and trading insights to individual retail investors worldwide.” iQ is aimed to assist retail investors in making well-informed investing and trading decisions, where such information was previously only available to institutional investors and this offering will be available later this year.