Joseph Brant Arseneau
Joseph Brant Arseneau (born September 3, 1967) is an entrepreneur and executive, best known for his work in both fintech and space technology. He is generally known in finance for his work in Electronic Trading,[2] Renewable Energy Derivatives,[3] and Capital Markets technology. He has been both a Chief Information Officer (CIO) for large banks and an entrepreneur, having started several fintech start-ups.[4][5] Arseneau has moved into the NewSpace industry and is currently a founding partner at 9Point8 Capital[6] and a founder of Spaced Ventures.[7]
J. Brant Arseneau | |
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Arseneau in the August 2012 issue of Waters Technology[1] | |
Born | September 3, 1967 |
Alma mater | University of New Brunswick |
Occupation | Space & Fintech entrepreneur |
Title | Founder, 9Point8 Capital, Founder, Spaced Ventures |
Early Life and Education
Arseneau was born in Canada and began his education at the University of New Brunswick where he became interested in neural networks in 1986. He completed his electrical engineering degree with a senior project entitled, VLSI and Neural Systems.[8] His interest in computational intelligence continued at the University of Aberdeen where he researched the application of neural networks to software reengineering.[9] This research went on to form the foundation to a patent being awarded to Raymond Obin and Brian Reynolds for a commercial reenginering process.[10] Arseneau expanded his research into other areas of biologically-inspired systems (computational intelligence),[11] which included; neural networks,[12] genetic algorithms, fuzzy logic, swarm intelligence, and intelligent agents. His earlier research on computational intelligence and reengineering (software) is frequently cited.[13][14][15][16]
Career
Early Years
He was an early adopter of internet technologies and leveraging his earlier academic work in Software Engineering, he built one of the first Internet-based (HTML) project management tools while at JPMorgan in 1996. The tool was sold to a silicon valley start-up called Netmosphere that eventfully was bought by public company Critical Path in June 2000.[17]
Finance Technology
His primary area of business expertise is in financial technology (FinTech), in particular capital markets including; high performance computing for trading, new securitization methods, derivatives, and financing techniques in developing economies. His work on high-frequency trading[18] has been leveraged by several academic research efforts[19] and more recently a commercial venture.
His work on renewable energy was first based on microfinance methods and it continues to gain popularity as both financial and technical infrastructure matures.[20] His team was also involved in the development of the Renewable Energy Derivative, which is a structured product that securitizes renewable energy into property-based debt obligations backed by the cash flows of excess energy. Thus providing a responsible use of the environment to finance properties in third world countries. The method was initially intended to finance lower income housing in developing countries by replacing the credit risk with the operational risk of the renewable energy assets' capability to generate predictable cash flows. The financing is structured so that the risk is to be underwrite until the cost of the houses can be claimed by the banks. The new method includes operational risk transfer and mitigation through insurance, weather derivatives and "world class" preventive maintenance programs.
Space and DeepTech
Arseneau is establishing himself as a Space industry finance expert and has founded 9Point8 Capital[21] and co-founded Spaced Ventures.[22] 9Point8 Capital is a strategic advisory firm that helps new space companies with growth and scalability. Spaced Ventures will be this first regulated platform that will provide public access to private space investments while providing early stage capital to space start-up companies.[23] Spaced Ventures also provides industry data and analytics to the public and potential investors including a tool called SpacedBase.[24]
References
- Chan, Vicki (2012-08-22). "BMO Centralizes Data Management, Infrastructure". Waters Technology. Retrieved 14 July 2020.
- "HFT Requires High-Performance Computing Systems to Achieve Low Latency". Electronic Market Microstructure. 2009-06-09. Retrieved 2012-05-14.
- "Property financing in developing countries through asset-backed micro-financing". Advanced Financing Techniques & Technology. 2007-02-08. Retrieved 2010-08-14.
- "Trading tech startup LightPoint completes Series A round". Finextra. 2018-09-28. Retrieved 2020-07-13.
- "Corpus acquires Wall Street consultancy Lab49". Finextra. 2006-03-21. Retrieved 2020-07-13.
- Murphey, Steve (2020-06-16). "S1E5 Investing in space startups with Brant Arseneau". Astro Mavricks. Retrieved 2020-07-17.
- "Brant Arseneau - Funding Strategies In Space Investment - Cold Star Project S03E04". Make Space Boring. 2020-07-06. Retrieved 2020-07-17.
- Arseneau, J. Brant (1990). "VLSI and neural systems". Engineering Senior Report no. EE-217 1990. Fredericton : University of New Brunswick, Dept. of Electrical and Computer Engineering EE-217 1990 1882/13228. Retrieved 2020-07-13.
- Arseneau, J. B.; Spracklen, T. (1994). "SORT: A Software Reengineering Workbench for Evaluating the Application of Neural Networks to Reverse Engineering and Software Maintenance" (PDF). The 4th Reengineering Forum: Reengineering in Practice.
- Obin, Raymond; Reynolds, Brian (2003-02-25). "Method for Compiling a Procedural Program to an Object Class Definition]". US Patent 6526569. Retrieved 2012-03-17.
- Arseneau, J. B.; Spracklen, T. (1994). "Reengineering Software Modularity using Artificial Neural Networks". 1994 INNS World Congress on Neural Networks. pp. 467–469.
- Arseneau, J. B.; Spracklen, T. (1994). "An Artificial Neural Network Based Software Reengineering Tool for Extracting Objects". IEEE International Conference on Neural Networks, 1994. IEEE World Congress on Computational Intelligence 1994. 6. pp. 3888–3893. doi:10.1109/ICNN.1994.374832.
- Dumont, Francois (1997). "Identification des objets dans un code procédural basée sur la décomposition de graphes". Masters thesis at the University of Sherbrooke.
- Pedrycz, Witold; Peters, J. F. (1998). Computational intelligence in software engineering. The Advances in Fuzzy Systems, Applications and Theory Series.
- Kohonen, Teuvo (2000). Self-organizing Maps.
- Chessell, M; Civello, F (1999). Using OO design to enhance procedural software.
- "Critical Path to Acquire Netmosphere". Motley Fool. 2000-07-06. Retrieved 2020-07-13.
- "At the Edge of Trading: Analyzing High Frequency Time-Series Data in Real-Time using Computational Intelligence", 2006. CiteSeerx: 10.1.1.76.573
- Rostoker, Camilo (2007). "A Parallel Workflow for Online Correlation and Clique-finding with Applications to Finance]" (PDF). Master Thesis submitted to the University of British Columbia. Retrieved 2012-04-11.
- "Renewable Energy Derivatives: Securitizing Surplus Renewable Energy to Finance Housing". working paper submitted to the Journal of Finance and Banking on Aug 10, 2009. Retrieved 2012-06-12.
- Arseneau, J. Brant (2020-05-08). "Guest editorial - The space startup's capital journey; why it's different and how it's changing". Space IT Bridge. Retrieved 2020-07-15.
- Dreher, Lisa (2020-05-08). "Why We All Want to Invest in Space Immediately". GuideForce. Retrieved 2020-07-16.
- "Spaced Ventures Creates New Opportunity for Terrestrial Investors". The Space Channel. 2020-07-28. Retrieved 2020-07-28.
- "The Top Information Providers in the Space Industry". Dylan Taylor. 2020-09-10. Retrieved 2020-10-08.