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Pentalog joins MarketScience through the Pentalabbs incubation and acceleration programs

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Last week, Frédéric Lasnier announced the latest start-up to enter the Pentalabbs program: a French-Romanian start-up named MarketScience, which will soon provide an innovative application for financial markets, available on Bloomberg terminals. Next to Rue de la Paye, another French-Romanian start-up that joined Pentalabbs last October, this event leads us closer to the end of an intense 2013, for both the Pentalog Group and Pentalabbs, the group’s incubator designed for the growth of IT start-ups. I invite you to read below the English version of the article written by Frédéric.

When Nicolas Boitout, trader at a large French bank, quit his job and decided to start his own start-up adventure in Orléans, he didn’t know that he will have the opportunity to meet the Pentalog team, as they both had chosen Centre d’Innovation as headquarter for their activities.

Moreover, when the same Nicolas Boitout, trader at a French bank, met talented Romanian mathematicians and statisticians, and decided to create in this country another R&D unit, he didn’t know either that he will encounter here the same Pentalog Group, also established in 5 major cities from Romania.

In the end, it was a common friend, living in Romania, who informed Nicolas about the interesting coincidence, especially since the software editor might need support, one day, from the Pentalog Group. And when you think that both companies were in the same building in Orléans la Source (I call that serendipity!).

MarketScience, more than Rue de la Paye, which is present in France and Romania, but not in Orléans, develops a project that is entirely convergent with Pentalog’s investment strategy for its premises and in technologies.

On short term, the start-up aims to provide to traders nothing less than a solution to explain the movements of the financial markets, in quasi-real time, based on proprietary algorithms, on one side, and data-mining solutions, on the other side. Nicolas knows what he is talking about, being one of the biggest Forex traders worldwide, who won, in 2005, the famous “Prix de l’innovation La Tribune Euro VL” for CAAM Dynarbitrage Forex (a 700 million euro fund). But we say no more; we will let this innovative start-up speak for itself as proof :) .

Nicolas decided to join our two programs simultaneously (incubation and acceleration). For the first one, he enters “physically” into the Pentalog community by investing our premises, both in France, and in Romania! They are already present in our Bucharest office. For Orléans, they will join us directly in Château des Hauts, once the work will be finished, being attracted by the adventure spirit that we all share.

Furthermore, Nicolas chose to use the opportunities offered by the acceleration program which draws from the entire solution portfolio of the Pentalog Group. He will benefit from technology consulting services, software development, Cloud and digital marketing solutions.

We are extremely enthusiastic by the MarketScience adventure, which begins in the same year when Pentalog has started to develop its presence in the trading-rooms. MarketScience is our 6th start-up (read more about our success stories). It’s amazing how this job makes us happy!


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