Tasseo empowers retail investors to better understand how and when to invest.
Basic tools exist that allow retail investors to analyze assets quickly and efficiently. These tools can plot stock charts, sift through financial reports, and even generate buy/sell signals on baskets of potential securities. But these basic tools cannot create and run so-called backtests, which chart the performance of a hypothetical strategy, with real-world limitations on time and money.
Professional investors rely on backtests to study trading strategies because backtests provide insight on how strategies would have performed in specific market scenarios, during different periods of volatility, and over different market cycles. But to implement a backtest requires both computer programming skills and market knowledge, a combination that few retail investors possess. Without the professional investor’s resources, specialized knowledge, and staff to implement backtests, retail investors lack one of the best tools available to understand a fundamental question in investing: Does my investment strategy make or lose money?
Tasseo democratizes the backtest by providing our subscribers with a graphical, no-code website to design trading strategies and examine how these strategies would perform using real-world, historical data. With our user-friendly interface, Tasseo requires no expertise in computer science or financial markets to create or test investment strategies. Within minutes, users can implement and run backtests ranging from the simple to the sophisticated. Our users can create these backtests from scratch or from pre-existing templates. Users can then save and share these strategies with others.
With Tasseo, retail investors will be able to design their own investment strategies and feel confident in their strategies’ success.
Who We Are
Jeff Wu received an undergraduate degree in Economics from Harvard University in 2005, and has worked in finance since graduation. He has always worked closely with derivatives. His first job was with Deutsche Bank’s Exotic Equity structuring team. Then, after switching to options trading for hedge funds for several years, Jeff worked as a director on UBS’ retail structured products team, which traded stocks and bonds packaged with vanilla and exotic options. Jeff is currently a portfolio manager and senior derivatives analyst for Manulife. After trading and coding algorithms for over fifteen years, Jeff felt it was time to simplify the process, distill it to its core strengths, and increase its availability.
Jin-Ho King brings experience in language, software, and social justice to Tasseo’s mission. He earned his bachelor of arts in English from Cornell University, where he obtained significant computer-science experience. He later earned his Juris Doctor with honors from the George Washington University Law School, where he served as the editor in chief of the George Washington International Law Review. Since then, he has worked as a litigator, all the while using his technology skills to better serve his clients. He is currently a partner of the Boston-based boutique law firm Milligan Rona Duran & King LLC. Jin-Ho believes that creating tools to democratize access to the financial markets is simply another way to help achieve social justice.