Engagements in software and modeling
Role Caneval: General management
and long term growth strategy implementation.
Description: In 2003 the investment
group WARP acquired Paragon Decision Technology,
the maker of AIMMS, an advanced mathematical modeling
software environment. Caneval provided the interim
CEO for Paragon and was responsible for defining
and implementing a market focused long term growth
strategy for the company.
Role Caneval: Scientific modeling
software distribution and support.
Description: MonTec is a specialist
company providing software and support for the design
of charged particle projection lithography systems
for the manufacturing of high density integrated
circuits. Caneval acquired the relevant intellectual
property rights from Delft University of Technology.
The sofware and underlying theoretical models were
developed during the late eighties at Delft University
in co-operation with IBM's General Technology Division
in the USA. MonTec has extended the core programs
with graphical interfaces and has integrated the
various components into a MS Windows compliant particle
optics design environment. The MonTec software and
design services have been used by companies as IBM,
Toshiba, Philips and Mapper Lithography as well
as various universities in Europe, the US and Japan.
Caneval owns, maintains and distributes the software
and occasionally provides consultancy services.
Role Caneval: Concept and prototype
development of investment support tools.
Description: INVEST aims to
deliver a set of powerful investment tools to build
and manage financial portfolios of common stock
for independent fund managers and advanced private
investors. INVEST provides the means to track price
and volume information of stocks, funds and indices
around the globe; to value stock on the basis of
the historical financial information of companies
collected from their annual statements; to evaluate
the risk parameters of individual assets as well
a portfolio of assets on the basis of the Markowitz
portfolio theory and the related Capital Asset Pricing
Model; and to optimize the timing buy-sell decision
on the basis of a fully automated technical analysis.
It also provides the ability to back-track various
investment strategies, whether they are based on
fundamental analysis, risk-return analysis, technical
analysis or a combination of those approaches and
to tune the parameters of those strategies on the
basis of historical information. Caneval developed
a fully functional prototype program and is in search
of a suitable implementation partner.