University announces innovative collaboration with financial technology firm Aquis

July 20, 2020

The University of Derby has secured government funding for a new knowledge transfer partnership with a company at the cutting edge of the financial sector.

Aquis Exchange PLC and the University are to collaborate on a research and development project based around machine learning, with the aim of enhancing the company’s ability to monitor trading behaviour and identify abuses within financial markets.

Machine learning is the study of computer algorithms which adapt and improve through experience, and a form of artificial intelligence.

The University’s role is to recruit recent graduates with the skills required by the company to undertake the project and ensure that Aquis remains a specialist provider of innovative technology to the finance sector.

The partnership is backed by a £151,000 government grant delivered by Innovate UK, which enables businesses to use KTPs to improve productivity and performance by providing the funding to take forward new ideas.

Jackie Edwards, Knowledge Exchange Manager at the University of Derby, said: “We are delighted to have secured this partnership with Aquis Exchange, and to be supporting the company’s objective of establishing itself as one of the leading suppliers of market trading surveillance.”

Alasdair Haynes, CEO of Aquis Exchange, added: “We are very excited to be working with the University of Derby to develop further our ML and AI capabilities for surveillance. We firmly believe that this is where the future of surveillance lies and our philosophy at Aquis is to be always at the cutting edge of innovation.”

The University has worked on KTPs with companies in a variety of different industries, from engineering to tourism, including one to measure the economic impact of Chatsworth House, the Derbyshire home of the Duke of Devonshire.

Jackie added: “KTPs have been a very successful means of collaboration between the University and business, not-for-profit organisations and the public sector. Whether it is developing new products or improving management practices, our task is to identify and recruit graduates with the skills and knowledge to make a real difference to the employers they will work for.

“As well as bringing that expertise with them, it is also crucial that they embed that knowledge within the organisation they are working with, so it can build on the work that the graduates have carried out during their time with the company.”

For more information on Knowledge Transfer Partnerships, visit the University website: https://www.derby.ac.uk/business-services/research-and-expertise/mktp/

 

Notes to editors

Aquis Exchange PLC is an exchange services group, which operates pan-European cash equities trading businesses (Aquis Exchange), growth and regulated primary markets (Aquis Stock Exchange/AQSE) and develops/licenses exchange software to third parties (Aquis Technologies).

Aquis Exchange is authorised and regulated by the UK Financial Conduct Authority and France's Autorité des Marchés Financiers to operate Multilateral Trading Facility businesses in the UK and in EU27 respectively. Aquis operates a lit order book and does not allow aggressive non-client proprietary trading, which has resulted in lower toxicity and signalling risk on Aquis than other trading venues in Europe. According to independent studies, trades on Aquis are less likely to lead to price movement than on other lit markets. Aquis uses a subscription pricing model which works by charging users according to the message traffic they generate, rather than a percentage of the value of each stock that they trade.

Aquis Stock Exchange (AQSE) is a stock market providing primary and secondary markets for equity and debt products. It is authorised as a Recognised Investment Exchange, which allows it to operate a regulated listings venue.

Aquis Technologies is the software and technology division of Aquis Exchange PLC. It creates and licenses cutting-edge, cost-effective matching engine and trade surveillance technology for banks, brokers, investment firms and exchanges.

Aquis Exchange PLC (AQX.L) is listed on the Alternative Investment Market of the LSE (AIM) market. For more information, please go to www.aquis.eu  

The University of Derby is one of the region’s leading higher and further education institutions, dedicated to meeting the needs of our students, our economy and our public services. We are a university of social mobility, rated as second in the country for fair access (HEPI) and ranked among the 30 best UK universities (Guardian University Guide 2020).

We offer multiple access routes into further and higher education at our campuses in Derby, Buxton, Chesterfield and Leek, as well as through the University of Derby Online. The University is rated Gold in the Teaching Excellence and Student Outcomes Framework and has won a prestigious national award for its learning and teaching strategy (THELMA 2018).

We are an applied university, providing students with a superb real world experience which prepares them for their future career through apprenticeships and traditional degree programmes, work placement opportunities and the teaching of industry-relevant skills in sector-leading facilities, including a STEM Centre, Forensic Training Facility and NHS-standard hospital ward.

We work with industry to access graduate talent, funding and knowledge exchange opportunities which can enable businesses to thrive, and we are addressing skills gaps in professions such as teaching, nursing and policing too. As many as 96% of our students find graduate level employment or further study within six months of graduating.

We are Derby and Derbyshire’s only university and we are determined to have a positive impact on our local communities, the region and the UK.  We also have a global outlook and are building exciting partnerships with colleges and universities around the world, as well as attracting students from many different countries to study at Derby.

To find out more about the University of Derby, visit www.derby.ac.uk