Case Study: Henedroit's Impact on Adaptive Alpha Research in the Technology Industry

Adaptive Alpha Research, a quantitative investment firm, specializes in leveraging data to develop intelligent trading strategies and algorithms across equities, futures, and cryptocurrency markets. The company operates with a small and efficient team, including one operational staff member, a quantitative strategist, and two developers (CTO and System Architect).

The primary challenges for Adaptive Alpha Research included capacity constraints and the difficulty in sourcing reliable and cost-effective talent, crucial for the success of a high-tech-focused company.

Adaptive Alpha Research chose Henedroit over other BPO services due to the need for a unique and flexible offering that could align with their business growth. Traditional BPO services with rigid, long-term contracts did not suit their evolving needs.

Specific Requirements:

Adaptive Alpha Research required a responsive partner capable of quickly sourcing the talent needed to address capacity constraints in their development work.

Process of Working with Henedroit:

The working relationship involved Henedroit quickly identifying and addressing Adaptive Alpha Research's talent needs.

Exceeding Expectations:

Henedroit exceeded expectations in service delivery, communication, and issue resolution, fostering a positive working relationship.

Overall Working Relationship:

The collaboration has been described as effective and responsive, meeting the unique demands of Adaptive Alpha Research.

Key Improvements:

Adaptive Alpha Research experienced significant improvements in project delivery times.

Quantifiable Impact:

Development costs decreased by 75%, showcasing the cost-effectiveness of engaging Henedroit.

Example Project:

Henedroit successfully undertook a code migration project for a Chicago-based hedge fund, transitioning code from EasyLanguage to Python for enhanced strategy implementation.

Evolution of Relationship:

Adaptive Alpha Research aims to grow its development team in the Philippines and transition from project-based roles to full-time roles.

Additional Service Areas:

Considering Henedroit's compliance services, Adaptive Alpha Research plans to build a hybrid team of Australian and Filipino staff to navigate the complexities of financial compliance.

Brian Miller, Chief Technology Developer, highly recommends Henedroit's services based on the positive experience, emphasizing their ability to effectively scale business operations while maintaining cost efficiency.

In summary, Henedroit's partnership with Adaptive Alpha Research has proven instrumental in overcoming capacity constraints, reducing development costs, and enabling efficient and successful project deliveries, showcasing the value of their services in the dynamic technology industry.