VERTIMAX TERMINAL FEED LINK AUTH OK SESSION READ-ONLY 2026-08-30 · 16:42:31 UTC
Systematic Research Technology

Research infrastructure for
quantitative managers.

VertiMax builds point-in-time data, cost-aware backtesting, and reproducible risk analytics for institutions that treat research as production software. No discretionary overlay, no narrative — the machinery between a signal and its auditable record.

Access is granted on a discretionary basis to institutional investors and the managers who run systematic mandates.

Desk Status● LIVE
ENGINEPAPER
DATAPOINT-IN-TIME · OK
RISKWITHIN BOUNDS
EOD SNAPSHOT2026-08-28 · COMPLETE
MODEREAD-ONLY
Illustrative · no strategy data published
01 · Research Insights — dated notes from the desk
2026-08-21
Execution Timing and the Cost of Immediacy
Urgency is a cost, not a free variable: schedule, impact, and the price of demanding immediacy in a thin book.
execution
2026-08-13
The Half-Life of Short-Horizon Factors
As turnover rises, decay dominates the signal; rebalancing cost becomes the binding constraint on alpha capture.
signal
2026-08-05
Survivorship Bias in Cross-Sectional Backtests
A universe that excludes delistings silently flatters every long-only factor; membership must be point-in-time.
factor
2026-07-28
Point-in-Time Data and the Revision Problem
Restatements leak the future into the past; the as-of view is the only view that survives audit.
data
2026-07-16
Transaction Costs as a First-Class Signal
Implementation shortfall is not friction to be subtracted later; it is a signal about capacity and competition.
signal
2026-07-08
Drawdown Regimes and Explicit Risk Budgets
Regime shifts change the shape of loss; risk budgets should respond to the regime, not to the drawdown.
risk
2026-06-29
On the Fragility of Overfit Sharpe Ratios
In-sample Sharpe is a selection statistic, not a forecast; multiplicity does the rest of the damage.
backtest
2026-06-18
Factor Crowding and Capacity Decay
Crowding is slow-burn capacity decay; proxies for shared positioning precede the reversion, not follow it.
factor
2026-06-08
Regime-Conditional Volatility Targeting
Targeting volatility without conditioning on the state estimate is leverage by another name.
risk
02 · The Firm
03 · Platform

Quant engine

Point-in-time ingestion, a cost-aware event-driven backtester, and reproducible risk analytics in a single auditable environment.

Platform
04 · Research

Papers & notes

Working notes on signal decay, survivorship bias, transaction costs, and backtesting discipline. Informational, not advice.

Research
05 · Compliance

Disclosures

Regulatory status, limitations of hypothetical results, and data provenance. The fine print is the first thing we show.

Compliance
06 · The Team
Founder & CEO

Elias Vance

Founded VertiMax in 2019. Previously ran a systematic equities desk; sets the research direction and stays close to the platform.

Chief Technology Officer

Camille Fournier

Owns the engineering that makes the platform auditable — point-in-time ingestion, the backtesting engine, and reproducible risk analytics.

Head of Research

Rajesh Iyer

Leads factor research, with a focus on survivorship bias, transaction costs, and the half-life of signals.

Head of Risk Analytics

Hannah Weber

Builds drawdown decomposition and regime-conditioned risk budgets for the managers who use the platform.

Head of Data Engineering

Viktor Petrov

Responsible for versioned, point-in-time market data and the revision history that keeps backtests honest.

Head of Client Solutions

Grace Liu

Runs onboarding and compliance review for the institutions and allocators the platform serves.

07 · What Allocators Say

“Their point-in-time discipline changed how we treat restatements across the book. The infrastructure reads like it was built by people who have actually run money.”

Isabelle LaurentChief Investment Officer, Institutional Endowment

“Cost-aware backtesting, done properly, is hard to find. Survivorship bias and turnover become things you can interrogate rather than assume away.”

Michael ZhangDirector of Research, Multi-Strategy Manager