Industry leading quant and risk management profiles join Saxo Bank to offer clients access to cutting-edge risk tools
Saxo Bank today announces that Jesper Andreasen and Hans-Jørgen Terp Flyger will be joining Saxo Bank setting up a new quant unit with the responsibility to drive and manage the development of new state-of-the-art risk tools. The new tools will support Saxo Bank’s internal risk functions and, crucially, will also allow Saxo Bank to offer new and better tools for clients including forward-looking risk management tools.
Jesper Andreasen and Hans-Jørgen Flyger bring a wealth of relevant experience in building cutting edge risk management tools with fast computation speed. Jesper has served as Head of the Quant department at Danske Markets (Kwant Daddy) and Hans-Jørgen as Head of Derivatives & Risk IT at Danske Markets. Jesper Andreasen has twice been named “Quant of the year” by Risk Magazine which is known as “the Nobel prize for Quants” and also named Risk Magazine's "In-House System of the Year" in 2015 setting a record in calculation speed.
The new team will be reporting to Global COO, Søren Kyhl, as a central part of the COO department’s responsibility for the digital value chain and delivering best-in-class digital experiences and tools to clients.
Global COO, Søren Kyhl comments:
"With Jesper and Hans-Jørgen on board, we strive to offer our clients new cutting-edge risk management tools including forward-looking risk measurements. We continue to believe that it is paramount we create win-win with our clients by helping them manage their risk in a much better way. Forward-looking risk measurements are an integral part of professional trading in financial markets, however, so far, no provider has been able to offer such tools to a wider retail audience."
"Ensuring that our clients have the best risk management tools and the most relevant information readily available to them is a key part of our efforts to support our clients’ activity in global capital markets. This is key to creating win-win with our clients and we know that when our clients succeed, we succeed. And the initiatives underline that we are the better partner for clients and support our mission to democratize trading and investment."
At Saxo we believe that when you invest, you unlock a new curiosity for the world around you. As a provider of multi-asset trading and investment solutions, Saxo’s purpose is to Get Curious People Invested in the World. We are committed to enabling our clients to make more of their money. Saxo was founded in Copenhagen, Denmark in 1992 with a clear vision: to make the global financial markets accessible for more people. In 1998, Saxo launched one of the first online trading platforms in Europe, providing professional-grade tools and easy access to global financial markets for anyone who wanted to invest.
Today, Saxo is an international award-winning investment firm for investors and traders who are serious about making more of their money. As a well-capitalised and profitable Fintech, Saxo is a fully licensed bank under the supervision of the Danish FSA, holding broker and banking licenses in multiple jurisdictions. As one of the earliest fintechs in the world, Saxo continues to invest heavily into our technology. Saxo’s clients and partners enjoy broad access to global capital markets across asset classes on our industry-leading platforms. Our open banking technology also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients. Keeping our headquarters in Copenhagen, Saxo has more than 2,500 professionals in financial centres around the world including London, Singapore, Amsterdam, Hong Kong, Zurich, Dubai and Tokyo.
For more information, please visit: www.home.saxo