About Modern Algos

About Modern Algos

Modern Algos is a brain child of Mr Sanjay Kumar Baid, Mr Baid having visualized the current trading and investing patterns of Retail and HNI segments, who lack on an apt technology driven Research, promoted Modern Algos with an idea to create a robust technology driven Research system. MAE engages itself in developing various models and methods, which enables the retail users to access all the required inputs/data/analysis under one umbrella, through an able team of professionals coming from years of experience on Technology/ Development/Business Analytics/Business Development with hands on experience of deploying the models and methods with appropriate key execution skills. MAE is the SEBI registered Research Analyst.

Purpose

To create a technology driven dynamic research system, which cater to the needs of the ill- advised trading and investing community, be it Retail or an HNI segment and ultimately integrate the research technology with the end to end trading technology with a sole purpose of relative wealth creation to the client’s.

Vision

To create a robust technology based research system to enable make ease of decision making on Trading and Investing.

Mission

To bring technology based research onto the finger tips of any client for ease of trading and investment and it’s execution.

Core Values

Passion : Passionate about achieving certain uniqueness in all that we deliver.
Innovation : Thinking ahead innovatively in solving the complex problems with an ultimate aim of wealth creation.
Delivery with High Standards : Believe in delivery of the products with an aim of achieving exceeding expectations of the client.
Simplicity : Wish to create everything which is simple to use and easy to understand.

PROFILE OF DIRECTORS

Sanjay Kumar BaidFounder – Modern Algos

Mr. Sanjay Kumar Baid, the visionary behind the Modern Algos startup, brings a remarkable set of qualifications and expertise to the team. With an M.COM (OU), an Ms in Finance (ISFS), a CFA (ICFAI), and a CMT (MTA) under his belt, he possesses over a decade of specialized knowledge in Capital Market and Analysis. Previously, Mr. Baid held the position of Managing Director at Aasmaa Securities Pvt Ltd, a broking firm that concluded operations in 2021. Additionally, he has gained invaluable experience working with CSC, a prominent American Multinational Corporation situated in Dallas, TX. Mr. Baid's profound understanding of technology, combined with his proficiency as a Quant, Technical, and Business Analyst, positions him as an invaluable asset. Leveraging his extensive expertise in capital markets, he devises effective trading strategies and seizes market opportunities across a wide range of asset classes, including Equity, Commodity, and Currencies. As a successful trader and strategist, he has developed numerous innovative market approaches, systems, and models to consistently generate favorable outcomes.

Anand Kumar JhawarDirector

Anand Kumar Jhawar has a rich experience of more than two decades in Capital and Commodity Markets. He is benign and generous with sound business principles. He mentors the team and is a vivid financial matters expert with dexterity in detail. He is passionate about broking and under his leadership, the organization is scaling up new heights. He is always on the quest of implementing innovation in the Investment processes. With commendable knowledge of broking and the overall functioning of Exchanges in India, he strives to establish a platform that is best suited for people of all generations to invest and wealth creation. He primarily looks after the Company’s finances and budgeting.

Nisha RathiDirector

Nisha Rathi is a graduate of Nagpur University with a specialization in commerce. She possesses a vast experience of more than a decade in Financial Markets in India. She is passionate about the functioning of Capital and Commodity markets. She has the know-how of investment techniques and processes and is actively engaged in exploring the new dynamics in investments. With her experience and understanding of the investment cycles of an individual, she is driving the team to reach out to prospects through Digital Marketing Channels.

INVESTOR & STRATEGIC ADVISOR

Pradeep Kumar KhandelwalChief Managing Advisor

Mr. Pradeep Khandelwal, Founder & Promoter of R-Fintech a fintech algo prop trading company based out of Mumbai. He last served as Executive Director in Edelweiss Custody and was heading the Domestic Brokerage Group. Mr Khandelwal is having rich experience of more than ~28 years in various field viz, Compliance and Securities Market Laws, Legal, Secretarial, Banking, Finance, Fund Raising, lending, Private Equity Deals etc. apart from making strategy for the revenue growth. Mr Khandelwal has been instrumental in growth of the Globe Capital Group where he spent around two decades and lastly he served there as Head of Derivatives Clearing & Compliance.
Mr. Khandelwal, is a Fellow Member of the Institute of Company Secretaries of India (ICSI) and apart from holding a degree in Bachelor of Law (LL.B.)
Mr. Khandelwal also held various positions in the various committees of Govt of India/ CBDT /SEBI/Indian & Overseas Exchanges and their Clearing Houses. He also been in various committees of Industry Bodies viz, Member of Exchange Task Force Committee - PHD Chamber of Commerce, Executive Committee /Managing Committees/Stamp Duty Committee / Asia Federation of Investor Education (AFIE) Committee of Association of National Exchanges members of India (ANMI), Vice Chairman/Convenor of Membership/Convention Committee of Commodities Participants Association of India (CPAI), Board Member – BSE Broker Forum (BBF).
Mr Khandelwal also served as Member of Copper Advisory Group of Dubai Gold & Commodity Exchange (DGCX) and Member – Risk Management Committee of India International Exchange (INX -Gift City) apart from was a Member of Sub-Group on CRS under Automatic Exchange of Information, Dept. of Revenue, Ministry of Finance, Govt of India.
Lastly he served as an member of Advisory Committee of Metropolitan Clearing Corporation.

STRATEGIC SALES PARTNER

Jai SoniNavam Tech Solutions

Mr. Jai Soni, founder of Navam Tech Solutions a technology company based out of Mumbai. He has over 28 years of work experience. He is a hardcore sales and marketing professional with opulent experience in major customer-centric functions and cutting-edge strategies to achieve sustained business growth. Mr. Soni worked on an extensive range of software products and solutions from corporate to retail clients and enjoys a strong relationship and robust rapport with BFSI vertical.
As a KMP, he has worked at all levels and gained invaluable experience of carving a niche for the Company. He effectively conceptualizes product development, solutions designing, strategizes sales and marketing, operations initiatives to promote software products, solutions and services in BFSI vertical.
Mr. Soni is associated with Modern Algos P. Ltd. as a strategic sales partner. He introduce Modern Algos platform to members of exchanges in India.

MEET OUR TEAM

T.N.S. Ranjith KumarChief Technology Officer

Ranjith heads the programming and technology part of Modern Algos. He worked with Northgate Technologies Ltd as a Senior Software Engineer where he developed and deployed VOIP-based products and later for more than a decade has worked with Stampede Capital Ltd as a Project Leader – ATS (Automatic Trading System). He brings along a rich experience in software development, ORMS, and client implementations with technical solutions. Worked along with various quant and derivative software developers who were deeply involved in the automated electronic trading space and also in monitoring anomalous events in the market. He has varied experience in designing, developing, and implementing ATS systems and applications for the automatic trading of complex derivatives. He is adept in programming trading models and their design. His hands-on experience in understanding the markets and solutions to the logical ends of programming keeps him ahead of his peers in the Industry. He is among the very few in the advisory industry who understand the complex world of trading and its programming and holds live and tested experience in the domain of trading on exchanges.

Meha AgarwalChief Product Officer

Meha is an MSc in Finance from St. Francis College. She handles the implementation and execution of portfolios and strategies. Working with Developers and Designers to implement, document, validate and monitor various plans. She looks into putting together reports and other requirements by exploring data and finding actionable insights and recommendations.

Aman BaidChief Operating Officer

Aman is an energetic and optimistic go-getter with experience in Accounts, Finance, and Operation domains. He has a Bachelor's degree in Commerce and is an aspirant for CMA by The Institute of Cost Accountants of India. He is a tech enthusiast and loves problem-solving using technology. He looks into the operations of the company and works closely

Sukanta SenChief Design Officer

Sukanta is a senior product designer and front-end developer. His design focus is to deliver user-centered design and build trust in brands while creating scalable solutions for the business. He has worked as a lead UI designer and frontend developer in the NBFC industry last 13 years. He has 17 years of experience overall as a web designer. He received a B.C.A from the Shobhit University, Meerut, and a Diploma in Applied Art from Academic of Fine Arts, Kolkata. He has achieved a Proficiency Award from the Academic of Fine Arts.

Rahul TaduruSenior Relationship Manager

Rahul is an MBA from the Kakatiya University and has an experience of around 2 decades in Broking, Dealing, RMS and Client Management. He looks into the broker integration, backend modules testing and customer solutions. He is a hard worker and a team player dedicated to manage customer relationship.