Launch App

Strategy Provider Spotlight: Patache Digital

We’re excited to announce that another excellent strategy provider is bringing their expertise to Sommelier - Patache Digital! The firm has more than 120 combined years of risk, trading, programming, research, and financial services experience, and we can’t wait to share more about the strategies they’re planning to launch in the coming weeks.

Patache team members hail from the largest financial institutions and investment management organizations including Deutsche Bank, MetLife, Stanford Management Company, and Greenwich Capital Markets, and already they’ve had success developing DeFi trading strategies. Our Founder Zaki just interviewed them, which you can see here.

Erik Mayo, who is among the founders, has even done some strategy advisory work for Sommelier and proposed the original idea that evolved into the AAVE cellar developed by Seven Seas. Patache brings a combination of decades of trading experience and signal/system design with superior risk management and technical capabilities.

Patache (and its affiliates) is a trading research developer and producer with unique technology and IP. They have developed a very pragmatic approach to understanding price behavior that when integrated with sound trade management techniques, has the potential to consistently generate above-market returns as well as provide superior hedging effectiveness and spread trading opportunities.

Patache’s goal is to have a reasonable and a sustainable edge rather than maximum precision in understanding price behavior. Their approach is to focus on volatility, or stated more formally: “the objective is to consistently and accurately predict 1-3 days of volatile prices 1 day in advance.”

Patache’s family of products across the Tradfi and Defi landscape comprises:

  • Research: Trading signals on 20+ CME commodity futures tickers in currencies, metals, crypto, equities, treasuries, softs, and energy. Trading signals on top 5 Uniswap V3 cryptocurrency pairs.

  • Trade Management: Customizable risk appetite, trade management and additional flexibility with trade rebalancing.

  • Portfolio Management: Multiple algorithms and risk constraints

Stay tuned for details on strategies Patache will be proposing very soon. And follow @SommFinance on Twitter, where we look forward to helping you get to know their team better. It’s truly a pleasure to have them coming onboard.

More articles

This website does not constitute an offer to sell or a solicitation of interest to purchase any securities in any country or jurisdiction in which such offer or solicitation is not permitted by law. Nothing on this website is meant to be construed as investment advice and we do not provide investment advisory services, nor are we regulated or permitted to do so. This website is provided for convenience only. Sommelier does not manage any portfolios. You must make an independent judgment as to whether to add liquidity to portfolios.

Users of the Sommelier website should familiarize themselves with smart contracts to further consider the risks associated with smart contracts before adding liquidity to any portfolios.

Note that the website may change, and we are under no obligation to update or advise as to these changes. There is no guarantee that the Sommelier Mainnet, including any software, products or token use cases mentioned on the website, will be built, or offered by Sommelier. In particular, actual results and developments may be materially different from any forecast, opinion or expectation expressed in this website, or documents contained in it, and the past performance of any portfolio must not be relied on as a guide to its future performance.

To the extent permitted by law, the company and its directors, officers, employees, agents exclude all liability for any loss or damage arising from the use of, or reliance on, the material contained on this website whether or not caused by a negligent act or omission. The release, publication or distribution of this website and any materials herein may be restricted in some jurisdiction and therefore you must inform yourself of and observe any such restrictions.

© 2022 Sommelier by Bajanss OÜ –Maakri 36-50, Tallinn, Estonia 10145