Deploying Advanced Mathematics & Technology in Investment Management
Fintech : The New DNA of Financial Services
by Pranay Gupta, CFA and Dr. Mandy Tham Tze-Minn
With a Bachelors degree in Mechanical Engineering from IIT Delhi, Pranay utilized four dimensional robotic manipulator design modeling techniques for the design of automotobile suspension systems using CAD/CAM in the 1980s, for Suzuki Motor Co. Japan. He subsequently applied fluid dynamic modeling techniques for the simulation of flow of fluids downhole in oil wells for Dowell Schlumberger. Pranay published his work on flow of fluids through filter media in the ASME Journals in 1988. In the early 1990s, Pranay utilised the then developing field of relational databases and applied it for developing systems for the manufacture and production control of missile systems.
With a career change to financial markets after a Masters degree, Pranay applied the same database and modeling techniques in the mid 1990s to produce an advanced analysis and portfolio management system for JP Morgan Chase Investment Management, which was incubated initially in Singapore and subsequently implemented in New York. Since then, Pranay has designed, developed and implemented advanced database, analytics and diagnostics tools as decision support systems six times across the world for various organization with assets of over $400bn being monitored and managed using these systems.
In the 2000s, Pranay became interested in heuristic time series modeling, neural networks and artifical intellingence techniques which he subsequently successfully implemented to manage over $1b in pension assets for APG Investments, Netherlands.
Pranay's upcoming book on the Fintech: The New DNA of Financial Services focuses on how dramatically the investment management business is likely to change in the future with the rapid advances underway in financial technology.
· Using a Robotic Manipular 4-dimensional Modelling Framework to Design a McPherson Strut Suspension System, IIT Delhi and Suzuki Motor Company Japan, Apr 1988.
· Comparison of Measurement Methods for Pore Size Evaluation of Nonwoven Filter Media, American Society of Mechanical Engineers – Journal of Energy Resources Technology, 110(1), 23-26, Mar 01, 1988.
Advisory Board Member, Stashaway
Stashaway is the first retail roboadvisor to be licenced by the Monetary Authority of Singapore, and was launched in July 2017. Stashaway's objective is to use technology and institutional calibre systematic investment processes to manage multi-asset portfolios for retail clients in a low fee, efficient structure.
Find out more about Stashaway at www.stashaway.sg