. YATS Consulting
Curriculum Vitae
cv daniel HERLEMONT
Tel: +33 (0) 6 10 48 02 99
born: 1955

1993-1994: Executive MBA d'HEC Paris (Centre de Perfectionnement aux Affaires,Groupe Lagardère)
1979-1981: Graduated from "Ecole Supérieure d'Electricité
1976-1979: Graduated from Ecole Polytechnique (X76)

2004 … Associated Professor of Finance at The Leonard de Vinci Engineering School, Paris La Défense
Lectures and projects on Fixed Income, Portfolio Management, Empirical Finance and Econometrics, Numerical Methods for Derivative Pricing, Risk Management, Alternative Asset Management and Advanced Portfolio Management (adavanced statistical methods, Continuous time, statistical arbitrage)
Associated Researcher at Centre D’Analyse et Mathématique Sociales, Ecole des Hautes Etudes en Sciences Sociales (EHESS/CAMS), Paris.

Lecturer in Business Schools, Universities Engineering Schools for Master in Finance:
2004-2013 Toulouse Business School (IMF and BIF masters)
2007 – 2013 Toulouse School of Economics (TSE) – Master II Empirical finance & Risk Management
2004-2014 : ISAE (SupAero) option finance
2004-2008 : INSA
2008 & 2009 – ESCP-EAP Paris/London Risk Management

  • 2012-2013 Sapiance – Automated Trading Strategies & High Frequency Trading (with Trading Technologies)
  • 2007-2009 CALYON (now Crédit Agricole Corporate and Investment Bank)- Statistical Arbitrage / Stocks
  • 2008 CALYON/Chevreux – Ordrer book processing & stats – Dark Pool – Matching engine
  • 2006 - Société Générale - Statistical Arbitrage on Fixed Income & Forex futures
  • 2004-2006 : Risk Manager for the Sentinel Hedge Fund

  • Distinction & Awards: Best Research Price from the Europlace Institute of Finance for the research related to my work in the application of Information Theory and Statistical Learning to Portfolio Management.

    Main Publication and Conferences:
  • "Rebalancing and Benchmarking", AFG (Association Française de Gestion), 29 Juin 2007
  • "Can Financial Strategies Based on Information Theory Beat The Market?", Europlace, 22 Juin 2006
  • "Mesure du risque : la nouvelle donne", Euro-vl, Octobre 2005.
  • "Volatility Pumping : optimal growth portfolios revisited", avec D. Gabay, Quantitative Methods in Finance, Sydney (2004)
  • "Intraday Future Markets Stylized Facts", Euro Working Group on Financial Modeling, Paris (2004)
  • "Optimal Growth Portfolio, Non Parametric Methods", Intl. Conf. On Stochastic Programming, Tucson, Arizona (2004)
  • 1998 ... YATS: consulting services and solutions for e-business applications, including:
  • a powerful automated trading platform and systems, for real time execution, simulation and training, featuring statistical arbitrage and artificial intelligence based strategies,
  • Advanced risk management and Optimization tools for Hedge Funds
  • Information systems for on line trading, front, middle and back office applications, development, integration and operations of advanced search engines, integration of real time quotes and news feeds, decision aid tools ..
    Main references :
  • 2002-... : teaching, risk management for Hedge Funds, proprietary trading, ...
  • 1999-2002: Société Générale (FIMATEX): developing & hosting news feeds, search engines & online tools (warrants, opinions, profiling, ...)
  • 1999-2001: WARGNY: internet architecture, development of online decision aids,
  • 1998-1999: creation of yats.com, ranked as one of the most attractive financial site.
  • 1987-1998 Airbus Defence and Space( ex ASTRIUM ex MATRA MARCONI SPACE) the Europe’s largest space company, Toulouse
  • 1998-1994 Deputy Manager of Ground Systems & Network Unit (300 engineers), including diversification in satellites applications: telematics, environment monitoring, Air Traffic Management, telemedicine, .....
  • 1991-1994: Manager of the "Technologies & Innovation" division (60 engineers)
  • 1987-1991: Manager of the Control Centre division (50 engineers).
  • 1981-1987 THOMSON-CSF / Central Research Labs (aka THALES-TRT): development of operating system and object oriented middleware components based on RISC microprocessors (via a Joint-Venture with MIPS inc., USA)