Research
Applied research
Calibrated models and quantitative tooling, applied to trading and consulting work.
International Derivatives Expertise and Systems is the registered business name of 2368782 ONTARIO INC., a Toronto-based corporation working across derivatives, capital markets, and quantitative finance. IDEAS combines quantitative research, proprietary trading, and consulting.
Operating streams
What the corporation does
Trading
Investment positions
Owner's capital in equities, futures, options, and FX.
Consulting
Client advisory
OTC derivatives, xVA, regulatory capital, and quantitative risk.
Areas of Expertise
Rates
Fixed Income & FX
Interest-rate pricing and structuring, swaptions and OTC rate options, cross-currency basis, yield curve analytics, and collateral optimisation.
- Swaps
- Basis
- Repo
- Collateral
Bank Capital
Basel & Counterparty Risk
CVA, PFE, RWA, Monte Carlo exposure simulation and parameter calibration, capital rules, funding, and liquidity risk.
- xVA
- SIMM
- SA-CCR
- FRTB
- SA-CVA
- FVA
- COLVA
- MVA
- NSFR
- LCR
Markets
Quantitative Trading Research
Systematic macro and volatility-arbitrage research across asset classes and markets.
- Macro
- Volatility
- Options
- VIX
Systems
Implementation & Systems
Analytical tools, market-data workflows, backtesting, automation, and controls.
- Python
- SQL
- Agentic Engineering
Ongoing activity
Current engagements
The work runs inside the trade flow, the risk system, and the bank-capital calculation chain. Models calibrated against live exposures, analytics that reconcile to the books, tooling that holds up in production.
- Jefferies, New York — risk analytics via Botsford Associates.
- Avondale Private Capital — derivative insurance risk participation.
- Regional Canadian bank
- Toronto alternative investment manager
Principal consultant
20 years on trading floors: rates, FX, equities, xVA, and capital management — front-office roles in London and Toronto.
History
Corporate timeline
- 2013
Founded as a consulting vehicle; expanded into trading and research.
- 2017
Built the technical base in regulation, market structure, xVA, and bank capital.
- 2022
Relocated to Toronto's financial district and expanded consulting operations.
- 2024
Registered as International Derivatives Expertise and Systems.
Research & Development
Applied research powers the practice.
Most research stays internal — calibrated models, parameter studies, and tooling that inform consulting mandates and trading positions. Research is a curated public window: explainers, implementation notes, and interactive tools that demonstrate analytics behind the practice.