cQuant.io Sets Sights on European Energy Markets

cQuant.io is a seven-year-old company that provides what CEO, David Leevan, calls “robust simulation-based analysis of assets, contracts, portfolios and more.” He describes it as a “PhD and quant-driven company that has built proprietary models for almost all energy assets imaginable from nukes through coal, renewables, storage, hydro and more.” In essence, David sees cQuant as quite different to most other vendors out there with well-defined differentiators. “We are good at simulating risk factors,” he said. “We can do that in a correlated manner across a broad range of risks like weather, load, prices etc. on an hourly or sub-hourly basis and out for 20-years. So, when simulating energy portfolios, customers can access a robust set of simulated future outcomes and optimize or value everything in a portfolio.” cQuant comprises of a front-end risk factor simulator and a back-end portfolio and hedging optimizer, he told me. Over the last seven years, cQuant has been working mostly in North America and 90% of its current customers are currently based there. It has worked with corporate off takers, utilities, IPPs, Front Office groups and traders, renewables firms, and other load serving entities in that market, he told me. It covers power as… continue reading

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