Welcome to DRAVYANITI Consulting LLP.

We are a fin-tech company which is into designing Alpha generation Algorithms (Strategies) in the capital markets. Strategies are Algorithmic Logic that reads the market data (e.g. price, volume) on and reacts on them to formulate trading Signals using pre-defined rules. Strategies may involve Technical /Fundamental Analysis or other Alternative Data such as Open Interest, Volatility. We also offer services in designing and development of algorithms such as back-testing, model validation and automated order routing which connects to Exchange via Trading APIs (Bridges).

Our Team

Vivek Gadodia

Vivek is a Co-Founder at Dravyaniti Consulting LLP. Vivek has overall 15 years experience in Technology, Trading and Financial markets. His educational background includes a degree in Commerce and Masters in Management Studies from Sydenham. He started his career with CMC as an analyst-developer and then moved to HSBC Bank where he led small teams on enterprise level technology projects. He then setup Algo Desk in the Institutional Trading Technology department at MF Global, where he also completed a 1-Year Certificate Program in Applied Finance from IIM-Calcutta. He has designed various systems for backtesting, model validation, data feed handlers and order execution. He is involved in Strategy design, Operations and Business Development. He also visits Management colleges and Institutes for guest lectures on VBA Excel and Algorithmic Trading, and has conducted training for traders in designing and automating trading strategies.. In 2017, Vivek led the design of a market neutral algorithm for US Equities in a competition conducted by one of the world's largest crowd-sourced hedge funds and won 2nd Prize for the same.

Devang Jhaveri

Devang is a Co-Founder at Dravyaniti Consulting LLP.Devang has a career spanning 20+ years in various levels across Banks, Broking Firms and Technology companies both in India as well as Internationally. He has a background in Commerce and is a Chartered Accountant. He has worked in senior leadership roles for organisations such as Edelweiss, RBS, Rabo Bank in the Equities Technology space. He has been involved into Algo Trading since the past 5 years and has built Risk Management framework for Algos. He has also been managing his own portfolio of equities and believes in deep Value Investing. He looks at Algo Risk, Business Development and Fundamental Analysis

Sovit Manjani

Sovit Manjani CMT works as Trading Strategist. He is a Chartered Market Technician and has developed various Profitable Trading Systems based on Technical Indicators for NSE Futures Stocks, Nifty , Bank Nifty and 1000 NSE Stocks. He has been coaching CMT aspirants (all 3 Levels) since past 2 Years at Vantage Institute of Financial Markets. His expertise and focus is in building Trading and Investment models on various asset classes including Indian Equities, Currencies, Derivatives, Commodities, NYSE Equities.He has also been trading these strategies live which enable him to combine theory and practical. Sovit has earlier worked at Consort Capital Services.

Swapnil Yerunkar

Swapnil is the go-to guy when it comes to execution of Algos. He has earlier worked with Angel Broking and RBT Algo Systems, before joining Dravyaniti. Swapnil is responsible for keeping the "Profit Gap" in check i.e. the difference between actual execution price v/s the Algo signal price. This can be equated to Quality Control in a manufacturing setup. With profit gap being less than 5%, Swapnil makes sure that the Operations and Admin are running smoothly all the signals generated are executed with minimal bias and interference.

Strategies

DNC Portfolio


  •  We offer a portfolio of strategies (on NSE/BSE) which are complementary to each other

  •  Systems for all types of Market- Bullish, Bearish, Sideways, Unusually volatile markets

  •  All strategies are 100% objective and rule-based

  •  Position sizing and money-management rules are in-built

  •  We are constantly designing new strategies and time-to-time reviewing existing strategies

  •  The Strategies are in multiple timeframes which helps diversify trades.


Why Portfolio of Strategies

  •  Reward is Commensurate with Risk

  •  Single Strategies carry Obsolescence risk

  •  By combining strategies, we aim to keep consistent gains with low risk

  •  It smoothen the clients Equity Curve

  •  Key Performance Metrics of Portfolio are better than any standalone strategy

  •  Some strategies work in only certain market conditions. The Portfolio is designed to survive any market condition. This is an All-Weather'portfolio

Disclaimer

Investing or trading using Algorithms is not free from market / technology and other risks. Understanding the risks and drawdowns of an algorithm are necessary. Algorithmic performance of the past does not guarantee future performance. Any performance statistics in this website are based on historical data and may or may not be repeated in future.

Education

BASICS ON ALGORITHMIC QUANTITATIVE TRADING


Algorithmic trading has taken the world by storm. Not only in financial markets, we are seeing widespread use of algorithms across different industries and in our day-to-day lives. The power of algorithms is that even simple algorithms or "rule-based" decision making have shown to perform well v/s the majority of manual portfolio managers, traders or investors who have to constantly deal with various challenges such as handling their emotions well and decision making under uncertainty. Artificial intelligence (AI) is the next big leap in technology revolution, and algorithms are the stepping stone to understand how AI works.

Date : 2nd-3rd June 2018

Faculty : Vivek Gadodia

SYSTEMATIC TRADING WORKSHOP (AMIBROKER)


Amibroker is the world's ultimate investing and trading analysis software. It is used by millions of investors in different countries to validate and execute trading ideas, trading signal generation. Imagine scanning over thousands of securities from across the market with a click of a button in seconds to identify the best trading opportunities. Combine this with the most extensive list of indicators, technical analysis tools, Risk management, Position sizing and the capability to comprehensively validate and optimize your trading strategies. Amibroker Formula Language is used to create complex custom indicators, Trading Strategies,etc.

Date : 5th Jan 2019 Onwards

Faculty : Sovit Manjani

CHARTERED MARKET TECHNICIAN (CMT)


Chartered Market Technician (CMT) is a professional designation that confirms proficiency in technical analysis of the financial markets. Many CMTs became independent traders, while many work for the exchanges , hedge funds, firms and brokerages that cover many different markets. CMT is the only technical analysis training designed by professionals, for professionals. The program provides the tools investors need to trade successfully on their own, or become a technical analyst. Some of the best minds in the industry have completed this certification, demonstrating its value and increasing its recognition.

Date : Jan 2019 Onwards

Faculty : Sovit Manjani


Development

Back-Testing


We offer testing a strategy over historical data and generate statistics to analyse the robustness of the system. We can cater to approximately 100 markets and if your required market is not in this list and you can provide us a data source, we can test this for you. The strategies could be trend following, mean-reverting, market-neutral, fundamental.

Strategy Design & Development


We create new strategies based on your requirements and help you in portfolio construction and/or re-construction. We take a holistic approach where we look at co-relations between systems to construct porttfolios with higher risk-adjusted returns.

Automated Trading


We build connections to market data sources such as Interactive Brokers, Symphony Presto, Greek-Soft, Omneys, ODIN, etc. Order routers automtically send orders to the trading system and we build this according to specifications by Exchange, FIX or specific Trading System Platform

Careers

No Opening's available currently

FAQ's

What Is The Dravyaniti (DNC) Portfolio?

It is a bouquet of model algorithms that deploys multiple trading strategies for various asset classes like the Stock Futures, NSE Cash across sectors.

Who Is It for?

What asset classes and markets does it Trade?

Our systems are modelled on Single Stock Futures and Cash Equities on NSE currently. We will soon be adding Indices and other markets.

Why do I need Dravyaniti DNC Portfolio?

Simple. If your account has not seen substantial growth during both rising and falling markets then our automated trading systems are the solution for consistent gains, no matter the market direction. Even if you are doing well on your portfolio and have seen substantial growth during both rising and falling markets, you may want to consider our solutions to give you a diversification / hedge.

Should I leave my Current Advisor or Broker?

Not necessarily. If you have something that is working for you, you donít need to stop it. Our system should be viewed as a diversification tool and an alternative investment. The golden rule for investing is to never put all your money into one basket (investment).

Only a portion of your investment capital should be used with any investment strategy. You may want to keep the majority of your capital with your advisor and broker while having the DNC Portfolio trading a portion of your capital with the brokerage firms where we have automated trading plug-ins. Once you get more comfortable with our systems, you may want to consider deploying higher portions with us.

Can I Make Money In a Falling Market?

Yes, DNC Portfolio uses multiple trading strategies designed just for falling prices that allow it to profit during a falling market (corrections or bear market). This is done through the use of short selling.

What Brokers are we connected to at the moment?

Interactive Brokers, India Infoline, SMC, MasterTrust, Upstox. We continue to add connectivity to new brokers

What is the minimum capital needed?

Our portfolios require a minimum of Rs.10 lacs to deploy with on any single Algorithm and Rs.25 lacs for the DNC Portfolio

Is DNC a registered SEBI Investment Advisor?

We use the SEBI registered Authorised Person route where Brokers provide that. All our algorithms are currently deployed after meeting regulatory requirements such as approval of algorithm, where needed. This ensures that our algorithms meet all safeguards and risk checks as necessary as per SEBI guidelines. We are in the process of applying for the SEBI IA license.

Contact Us

Address:

53, Ground Floor, Hi-Life, P.M. Road, Santacruz (W), Mumbai - 400 054

Phone:

+91 77100 12476

Email Address:

enquiry@dravyaniti.com