Debris Publishing, Inc. (Debris) provides affordable software to assist research and portfolio management functions that improve the efficiency and effectiveness of the investment management process. Debris’ flagship product is Quuve, an extensible ecosystem that standardizes the institutional-level investment management platform, allowing investors of all sizes and investment backgrounds access to the same powerful tools.
Our cohesive, nimble Debris team, which has substantial technical and financial expertise, has invested considerable resources (20 man-years) in order to properly build an efficient, scalable investment management platform from the ground-up. Unlike many of the fintech tools out there today, Quuve was and is not a cash grab; it was an opportunity to do things right. Our freedom from bureaucracy and legacy tools has allowed us to build the platform of the future, one that is far better prepared than most for the next 20 years of the industry.
Quuve is the world’s first fully extensible and customizable web-based investment management ecosystem for professional investors. Quuve empowers professional investors to tailor integrated research and portfolio management tools in ways that accommodate their unique investment style. A tailored Quuve platform improves the efficiency and effectiveness of an idiosyncratic investment management process, which can, in turn, improve investment returns.
Quuve is built on a highly productive & dynamic Smalltalk development and runtime platform that employs object-oriented DBs via GemStone; similar software is deployed by financial enterprises worldwide, including JPMorgan, UBS, and Intercontinental Exchange. This framework offers rapid prototyping, bottleneck-free scalability, and seamless integration of new features.
Many of Quuve’s features and tools do not yet exist in the market, or are too expensive for most investors. Indeed, Quuve is the type of platform that specialized hedge funds would be required to build in-house. We at Debris, however, intend to standardize the institutional-level investment management platform, allowing investors of all sizes and investment backgrounds access to the same powerful tools.
As is the case with most industries, the future of the investment world is automation. Today’s “robo” tools, however, fall short for professional investors in a number of ways:
- The most popular robo-tools – those of robo-advisors – are built for retail investors, offering only fixed, simplistic strategies that cannot be modified by the investor in any meaningful way
- Algorithmic tools tend to focus more on day-trading rather than long-term portfolio management
- Many tools lack sophisticated artificial neural networks that can be trained to learn and mechanistically deploy proprietary investment strategies
In short, professional investors need a robo-investing platform that can be tailored to their idiosyncratic investment style. Quuve was built with this long-term need at the forefront.
But robo-investing tools, while powerful, are only a subset of the investment management process. Many investors, especially institutions, require a host of supporting research, portfolio management, and administrative tools, without which their investment platform would be incomplete. Today, these tools are often fragmented, forcing users to subscribe to, and manually integrate, several distinct solutions, which reduces efficiencies and increases costs. Quuve consolidates all of these tools and more into an affordable all-in-one solution, offering a full suite of extensible and customizable investment management tools that meet the need of all types of investors.
Quuve’s hallmark features include:
- Integrated tools
- Site-admin tools
- Powerful technology
Quuve was built for individuals and institutions who perform research and/or manage portfolios professionally. The platform’s extensible nature allows it to scale up, or down, to meet the specific needs of all types of investors, including:
- Financial institutions
- Brokerage houses
- Hedge funds
- Family offices
- Research analysts
- Individual investors
- Non-financial developers
Quuve integrates today’s most advanced investment management tools in a single, fully-integrated ecoysystem.
- Research. Research tools include artificial neural networks, customizable dashboards, company reports containing decorated charts and tables, watchlists, multi-company reports, quick links, and scripting-enabled screening.
- Portfolio Management. Portfolio management tools include account aggregation, portfolio analytics, model portfolios with auto-rebalancing, position tagging, and advisory tools such as NPI-masking and client portals.
- Integrated. Tools that integrate both research and portfolio management capabilities include custom metrics, backtesting, and user-defined A/I-driven robo-investing.
For customizing company reports, screens, and more, Quuve offers convenient, user-friendly methods that do not require scripting. However, for power users who want to take advantage of Quuve’s power and extensibility, such as institutions and investors who code, user-scripting can be enabled to allow users to author code that will further tailor the system around their idiosyncratic needs.
Users can currently script using Smalltalk, a dynamic, easy-to-learn language. Slant, a product recommendation community, voted Smalltalk the best productivity-enhancing programming language due to its simple syntax and object orientation. In the future, Quuve will be capable of supporting other methods of scripting, such as a drag-and-drop interface and/or the use of other languages. Scripting capabilities allow users to:
- Define user- and site-specific proprietary rules that can be employed throughout Quuve. These rules may include financial metrics, scoring systems, artificial neural networks, calls to third-party data, decorations, robo-investing specifications, and much more
- Write ad hoc code block lookups on the fly in lieu of formally defining rules
- Build user- and site-specific dialogs upon Quuve’s rich framework
Quuve’s tools and other features are controlled by user roles and plugins, and database configurations are determined by the options selected. This flexibility allows the platform to scale up, or down, to meet the specific needs of all types of investors. For example, individual investors and small advisors can subscribe to individual components and data a la carte. Multi-user institutions, on the other hand, can subscribe to the full suite of tools and control their own Quuve site with powerful site- and sys-admin tools that allow them to assign user roles and plugins to their users as they see fit. In other words, Quuve is flexible, and can scale depending on the end-users’ needs, which improves accessibility and affordability.
Examples of this extensibility include:
- Quuve’s tools and third-party vendor data are flexible components to which investors can subscribe a la carte.
- Institutions can take advantage of Quuve’s extensibility, sys-admin tools, and multi-user capabilities. Powerful scripting allows firms to import data and define proprietary rules that can be employed throughout Quuve. A multi-tiered database hierarchy allows users to inherit and override these rules, and analyst configurations allow for an additional layer of behavioral inheritance. The site manager can also assign custom roles, plugins, and data to the users of the team’s site.
- Institutions that demand flexibility and idiosyncratic functionality, such as hedge funds or research shops, can obtain a limited-use source license in order to build custom plugins and other solutions upon Quuve’s rich framework. These firms may restrict access to their custom solutions, or they can offer them as plugins to which general Quuve users can subscribe.
- Out-of-the box horizontal scaling allows Quuve to support large numbers of concurrent users by deploying hundreds of virtual machines across hundreds of servers.
- An adaptable CRUD system supports the addition of new entities and corresponding CRUD tables in just minutes.
Powerful site- and sys-admin tools within Quuve allow site managers to oversee their platform via self-contained, cloud-enabled tools.
- User management
- Create users
- Assign roles & plugins
- Configure databases and other settings
- Export/import databases
- User management
- Debug errors related to actual stack
- Update code
- View logs and backups
- Analyze server/GemStone stats
- Trigger GemStone maintenance
Quuve is a virtualized, web-based application that is completely user-extensible. Quuve’s stack offers rapid prototyping, bottleneck-free scalability, and seamless integration of new features.
- Quuve is built on a highly productive & dynamic Smalltalk development and runtime platform that employs object-oriented databases via GemStone. Financial enterprises worldwide, including Intercontinental Exchange, JPMorgan, and UBS, deploy GemStone/SmallTalk software. Benefits often cited include improved time-to-market, reduced resource requirements, and efficient scalability of offerings.
- Since Quuve is cloud-based and accessible via browsers, users do not battle clunky downloads or compatibility issues. Users access the system via a dedicated “site,” which is a deployed instance of the Quuve application. In other words, there is one fully-configured and adapted instance of Quuve running for each client, who may be an individual or an institution. Each site, which can be Debris-hosted or self-hosted, receives a unique URL by which it can access Quuve.
- Quuve offers bleeding edge user-interface tools for the web, including AJAX, Bootstrap, jQuery, and more.
Users access the system via a dedicated “site,” which is a deployed instance of the Quuve application. In other words, there is one fully-configured and adapted instance of Quuve running for each subscriber, which may be a single-user individual or a multi-user institution. Each site, which can be Debris-hosted or self-hosted, receives a unique URL by which it can access Quuve.
Quuve sites can be hosted three different ways:
- Hosted by Debris via cloud service providers (e.g., Linode, AWS) on a shared-server
- Hosted by Debris via cloud service providers on a dedicated server
- Self-hosted by the user
Quuve data is offered à la carte. Users can subscribe to all data, or limit their subscription to select databases.
Quuve currently offers a variety of databases sourced from Quandl. These include:
- Zacks Equity Fundamentals B (ZFB)
- Zacks Equity Prices (ZEP)
- Quotemedia End of Day US Stock Prices (EOD)
- Federal Reserve Economic Data (FRED)
- Wiki Continuous Futures (CHRIS)
- Commodity Futures Trading Commission Reports (CFTC)
- Organisation for Economic Co-operation and Development (OECD)
- World Bank World Development Indicators (WWDI)
- World Trade Organization (WTO)
- NASDAQ OMX Global Index Data (NASDAQOMX)
We are continually expanding the data offered in Quuve. In the coming year we intend to connect to the following data:
- Zacks Equity Fundamentals C (ZFC)
- Sharadar Core US Fundamentals Data (SF1)
- SEC Form 4 and 13F/D filings
- Standard & Poor’s Compustat Capital IQ
- Morningstar Fundamental Data
- Thomson Reuters Fundamental Data
- Center for Research in Security Prices (CRSP)
- All free Quandl databases; select premium databases