CHICAGO--(BUSINESS WIRE)--CloudQuant today announced Tayloe Draughon has joined the management team as Senior Product Manager in the Product Development Group. As a visionary product marketing and management expert, Draughon is tasked with continuing to establish the CloudQuant brand, increasing the registered user base and accelerating the rate at which crowd-sourced algorithms are licensed. He will work closely with Shayne Young, Chief Information Officer at the parent company, Kershner Trading Group as well as CloudQuant’s Chief Executive Officer, Morgan Slade and the existing development and Licensed Product Group teams.
“Tayloe brings more than 25 years of product and technical experience to the role as well as various perspectives from the buy-side, sell-side, and industry vendors,” said Slade. “We look forward to his influence on everything from the marketing and management of our product to user engagement campaigns, and UX design and UI development.”
Draughon was most recently the Director of Product Design at Neurensic.com and before that, Director of Product Delivery for Futures at Societe Generale CIB. He is involved in industry initiatives serving on the FIA Technology Board and is the former co-chairman of the FIX protocol global derivatives committee. He graduated from Indiana University, Bloomington with a BS in Decision Science.
CloudQuant is the trading strategy incubator for data scientists and traders around the world to create and test trading strategies. Proven strategies are individually licensed from the owner, provided trading capital and an execution team. Algo creators are paid a monthly licensing fee from the net profits similar to a professional portfolio manager. CloudQuant offers a mutually beneficial profit sharing license enabling both parties to profit.
CloudQuant LLC, established in 2016, is a wholly owned subsidiary of Kershner Trading Group LLC.
The information contained herein does not constitute investment advice, or an offer to sell, or the solicitation of any offer to buy any interests in CloudQuant LLC or its parent Kershner Trading Group LLC, nor is it intended to be used for marketing purposes to any existing or prospective investor in any jurisdiction, and is subject to correction, completion and amendment without notice.