Our Mission:
EO’s ethos is to bring new value to companies via our innovation and optimisation expertise, and to empower innovation inside our client firms. The amount of innovation required in financial services today is greater than any individual firms, so by offering simple and cost effective innovation platforms we seek to address unmet needs of the industry as a whole.
Our fee structures are designed for simplicity, providing budget friendly low-CapEx solutions via “Cloud Based” services, for easy on-ramping as well as robust Optimisation Appliances for Real-Time Scale, so you can do more with less using best-in-breed optimisation technologies.
Who we serve:
Our clients are users of Derivativers, a group which spans banks, clearinghouses and buy side firms such as hedge funds, pension funds and insurance companies, industrial companies and governments. We provide large and small financial institutions with all the benefits of optimisation technologies used by the very top financial services firms…but without the high price tag, long development times, or heavy IT lifting.
Our partners:
Our industry pioneering expertise is backed by a growing network of partnerships with best-in-breed technology providers like IBM, Arrow ECS and others, as well as niche firms with deep subject matter expertise meaning our clients are always in wise, safe and capable hands
Track Record:
We have over 25 years’ experience innovating and creating new value in the financial services industry, you can be confident that you’re working with a forward thinking company with strong heritage and expertise.
Our Team
EO is led by veteran fintech entrepreneur Steve Schiff who has worked in devivatives as a programmer, principal trader and company builder for more than two decades. With an expertise in the use of disruptive technology in capital markets and trading, Steve’s career began in market rates distribution systems, inter-connectivity and data integration for JPMorgan. He went on to market making in FX forwards, relative value and ‘curvology’ trading in IRS and Fixed Income, and run a consistently profitable Relative Value team.
Having traded various market crises, Steve went on to help traders prevent portfolio blows-ups and to create a CDS risk mitigation and optimisation marketplace. Most recently he co-founded ICAP’s ReMATCH service, which helped traders reduce $440B of illiquid CDS risk, and is now standard practice at all major dealers.