Quantopian Hires Derek Meisner as its General Counsel and Chief Compliance Officer

BOSTON, June 3, 2016 /PRNewswire-USNewswire/ -- Derek Meisner has joined Quantopian, Inc. as General Counsel and Chief Compliance Officer.  He will advise the company on legal, regulatory, and compliance issues. Quantopian, a start-up firm backed by leading venture firms, including Boston-based Spark Capital, Khosla Ventures, and Bessemer Venture Partners, enables current and aspiring algorithm writers around the world to develop and profit from their algorithmic trading ideas. In the near future, Quantopian also plans to raise capital from outside investors to back the algorithms.  

"Quantopian intends to serve as a trusted steward of its investors' capital and authors' algorithms. Derek's hire helps us to build a compliance and operational infrastructure to do just that," stated John Fawcett, Quantopian's CEO.

Prior to his current position, Meisner served in the same roles for several years at two prominent Boston-based alternative investment advisers. Meisner is also a former Partner at the international law firm of K&L Gates, where he counseled Boston-based and national financial services clients on various compliance and securities enforcement matters. In addition, Meisner served as a Branch Chief in the Division of Enforcement of the U.S. Securities and Exchange Commission.  He received a BA in Psychology from The University of Michigan and a JD from The American University, Washington College of Law. Asked about his motivations to join Quantopian, Meisner noted that it was a "rare opportunity to build the legal and compliance function for a start-up investment adviser with talented employees and a unique and compelling investment strategy." 

About Quantopian: Quantopian inspires talented people from around the world to write investment algorithms. Quantopian provides capital, data, and infrastructure to algorithm authors (quants).  Quantopian offers license agreements for algorithms that fit its investment strategy, and the licensing authors are paid based on their strategy's individual performance. Quantopian provides everything a quant needs to create a strategy and profit from it. 

Quantopian's community has doubled year-over-year for the last three years and now numbers over 80,000 members. Quantopian's members include finance professionals, scientists, developers, and students from more than 180 countries from around the world.  The members collaborate online and in person at regional meetups, workshops, and Quantopian's flagship annual event QuantCon. Quantopian provides its members a research and development platform, which includes US equity pricing and corporate fundamental data, for free.  Members may also access a fast-growing catalog of premium datasets. To date, more than 3 million simulations have been run on Quantopian's platform. 

For more information about Quantopian, please visit: https://www.quantopian.com/.

SOURCE Quantopian

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