CompatibL was founded in 2003 by Alexander Sokol, winner of the Risk Quant of the Year Award and a seasoned technology executive who, prior to founding CompatibL, was founder and CTO of Numerix. Alexander continues to serve today as CompatibL’s Executive Chairman.

It is an old adage in the quaint community that most quants can’t code, and most engineers can’t do the math. From day one, CompatibL’s goal was to be the exception to this rule. We hire and train quants who also know a lot about software engineering, and we hire and train software engineers who have in-depth knowledge of math and quant models. Combining quant and engineering expertise in one team is what makes CompatibL so effective in developing software for the financial industry.

When other vendors build trading and risk solutions, more often than not the models and the application are developed separately and then fitted together. At CompatibL, we design our models from the ground up so that they work well within the application, and design the application so that it works well with the models.

Our software has won widespread industry recognition, including two back to back Risk Vendor of the Year Awards for our market and credit risk solution, CompatibL Risk.