Biswanath Patel

Biswanath Patel

Summer Intern

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location of Biswanath PatelBengaluru, Karnataka, India

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  • Timeline

  • About me

    Quantitative Strategist & Portfolio Manager | CFA | ex-Founder @BuyT (successful exit to Dailyhunt) | Product and Engineering@Dailyhunt | ex-Quant Trader @Nomura

  • Education

    • St. Joseph's Convent High School, Sambalpur, Odisha

      1991 - 2003
      ICSE (10th)
    • Indian Institute of Technology, Bombay

      2005 - 2009
      B.Tech. Computer Science and Engineering
  • Experience

    • Tata Institute of Fundamental Research

      May 2006 - Jul 2006
      Summer Intern

      National Initiative for Undergraduate Science (NIUS), Homi Bhabha Center for Science Education, TIFR, Mumbai.Topic: Effect of magnetic field on Electronic Energy Spectrum in a 2-D Quantum Dot under the influence of BenDaniel-Duke boundary conditions.

    • Max Planck Institutes Tübingen

      May 2007 - Jul 2007
      Summer Intern

      Max Planck Institute for Biological Cybernetics, Tubingen, Germany.Topic: Statistical estimation of side-chain dihedral angle distributions in proteins.

    • Inria

      May 2008 - Jul 2008
      Summer Intern

      Project Geometrica, INRIA Sophia Antipolis, France.Topic: Generation of well-shaped three-dimensional meshes.

    • Nomura

      Jul 2009 - Jul 2012

      In the Equity Quant Analytics team at Nomura, I worked on the development and deployment of Quark - a novel, Python and Java-based WAN distributed framework used to crunch large amounts of market data for pre- and post-trade analytics, which forms the core of Nomura's flagship analytics offering, TradeSpex™. I handled data services libraries which disambiguated, processed and updated raw trading data from news streams, data vendor feeds and the web.During the second half of my stint at Nomura, I worked as part of the Systematic Trading team in New York to build scalable data scraping and processing utilities using Quark to collate real-time data from various news sources and feeds, which form the backbone of very successful intra-day trading strategies currently. Show less

      • Associate

        Apr 2012 - Jul 2012
      • Analyst

        Jul 2009 - Mar 2012
    • Adel Technologies Pvt. Ltd

      Aug 2012 - Jul 2013
      Co-founder & Partner

      Adeltech provides consulting and professional services to its clients for data analytics in big data technology and architecture. We helped our marquee clients acquire, organize and analyze data from devices, data vendors, the web, social media, internal data logs and various other data streams that are of interest and consequence to you, to predict outcomes and assist decision-making.

    • Rocket Science Innovations Private Limited (BuyT)

      Apr 2013 - Jul 2016
      Co-founder & Director

      We were collectively motivated by the challenge to revolutionize advertising in today's platform-focused, hyper-connected and mobile-first world. We're a team of IIT, ISB, IIM and Wharton graduates trying to change the way information flows from a service provider to the final consumer. BuyT was on a mission to help people make the most informed decisions while availing digital services and transactions. On one hand, we collate and curate data from service providers (for example, e-commerce stores). On the other, we crawl and analyze content from major publishers to understand and interpret context and user behavior. Merging these two enables us to recommend the best deals, goods and services right where the content is and when a user is looking for information about them. We are all about performance and ROI-driven marketing. The BuyT ContentLink platform has been rolled out with marquee Indian publishers like TOI, NDTV, IndianExpress, India TV and Jagran, serving over 100 million monthly recommendations.We had a successful exit when Dailyhunt acquired BuyT (http://articles.economictimes.indiatimes.com/2015-07-15/news/64449941_1_platform-newshunt-ecommerce) to move from a news aggregator app to become the Internet gateway and one-stop-shop for 400 million+ local language users. BuyT is enabling Dailyhunt to put together a high-caliber tech and products team to build a platform and destination for multi-format content consumption. Show less

    • Dailyhunt

      Jul 2015 - Dec 2018
      Director Of Engineering

      Leading the monetization team at Dailyhunt, some of my prominent initiatives were to:* Conceptualize and create from scratch, "Daedalus", India's only in-house full-stack ad serving platform, in addition to Google and Facebook* Scale and sustain this platform to handle over 600 million daily requests serving 200 million impressions to 15 million DAUs at an average request latency of 30ms* Create a fully in-house lead generation platform for advertisers with a >10% completion rate* Create a fully functional real-time bidding platform to maximize revenue and fill rates incorporating demand from direct sales as well as fallback ad networks.* Design and implement India's largest poll to get over 5.5 million responses on the nation's mood on the eve of Lok Sabha elections '19. Show less

    • Hyberbolic Financial

      Jan 2019 - now
      Founding Principal

      * Portfolio Manager to >$2 bn AUM NY based quant hedge fund* Managed global equity StatArb portfolio with ~$1 bn gross* Developed and managed India-focused >Rs. 100cr StatArb portfolio* Built and managed state-of-the-art tools and processes to simulate event studies, and visualize, backtest, and paper-trade events based as well as StatArb strategies* Set up and managed a specialist "alpha factory" strategy team to consistently develop, research and iterate through end to end alpha life cycles (from datasets to trades), a cornerstone of a sustainable StatArb fund Show less

  • Licenses & Certifications

    • CFA Level III Completed

      CFA Institute
      Jan 2011
  • Honors & Awards

    • Awarded to Biswanath Patel
      Summary - - Gold Medalist at Indian National Physics Olympiad - 2005- Gold Medalist at Indian National Chemistry Olympiad - 2005- All India CBSE Merit Scholarship in Engineering (2005 - 09) by NCERT- National Talent Search (NTS) scholarship - 2003 by NCERT- Kishore Vaigyanik Protsahan Yojana (KVPY) fellowship - 2003 (40 scholarships per year) by the Indian Institute of Science (Bangalore) on behalf of the Government of India- Selected for Astronomy Nurture Camp of the Indian Institute… Show more - Gold Medalist at Indian National Physics Olympiad - 2005- Gold Medalist at Indian National Chemistry Olympiad - 2005- All India CBSE Merit Scholarship in Engineering (2005 - 09) by NCERT- National Talent Search (NTS) scholarship - 2003 by NCERT- Kishore Vaigyanik Protsahan Yojana (KVPY) fellowship - 2003 (40 scholarships per year) by the Indian Institute of Science (Bangalore) on behalf of the Government of India- Selected for Astronomy Nurture Camp of the Indian Institute of Astrophysics, Bangalore. It included 7 nights of on-site observations at the 2.34m Vainu Bappu telescope, Kavalur, India, the largest in Asia. Wrote a paper on the analysis of the spectral data to study about formation of carbon stars. Show less