Unsigned Research — Risk-Engineered Systematic Alpha
UnsignedResearch
Systematic Proprietary Trading · London

Risk-engineered alpha for digital-asset markets.

Systematic, market-neutral strategies where risk is engineered
into every stage
— from signal to portfolio to execution.

Contact the partners' office →
AT A GLANCE
5+
Years live trading
10M+
Data points / day
100+
Data sources
24/7
Programmatic risk controls
00 / THE FIRM

One integrated platform for
research, execution, and risk.

Unsigned Research is a proprietary trading firm running medium-frequency, quantitatively engineered strategies. We unite quantitative scientists, engineers, and risk professionals — with backgrounds in high-performance computing, academic research, and institutional trading — and treat strategy research, software engineering, and operations as a single discipline.

01

Systematic Alpha

Regime-tested strategies built through systematic validation and repeatable scientific process.

02

Integrated Infrastructure

A vertically integrated platform from research to portfolio construction to execution.

03

Risk Surveillance

Stress testing, continuous monitoring, and automated alerts across the trading lifecycle.

01 / STRATEGY

Robust by design, risk-aware at every stage.

We operate systematic strategies across a range of risk profiles, liquidity needs, and allocation objectives.

Our flagship program is a high-capacity, market-neutral statistical arbitrage strategy across the most liquid digital assets, designed to isolate alpha from market beta.

Risk management is built into the process from the start. From signal to execution, every stage is bounded, diversified, and continuously measured across market, idiosyncratic, and liquidity exposures.

# Stage What happens Risk lens
01 Signals Independent, economically-grounded factors drawn from data the market has yet to price. Each signal is stress-tested across market regimes before it is allowed to trade.
02 Portfolio Construction Long and short balanced to isolate alpha from beta — market-neutral by construction. Exposures are bounded and diversified so no single factor or asset can dominate the book.
03 Execution Cost- and liquidity-aware routing across venues on an owned trading engine. Slippage, liquidity, and counterparty exposure are measured on every fill.
04 Monitoring Live performance and model behaviour watched continuously, around the clock. Automated de-risking and anomaly detection intervene the moment limits are breached.
02 / THE PLATFORM Vertically integrated

Every component owned and instrumented in-house.

01 / RESEARCH

Signal & strategy

  • Hypothesis-driven signal research
  • Regime and cross-validation testing
  • 10M+ data points daily, 100+ sources
02 / EXECUTION

Owned trading engine

  • Multi-venue smart order routing
  • Cost- and liquidity-aware execution
  • Deterministic engineering, low latency
03 / RISK

Continuous surveillance

  • 24/7 programmatic risk limits
  • Counterparty & liquidity monitoring
  • Automated drawdown intervention

No external black boxes sit between an idea and a filled order — the entire path from research to execution is transparent and auditable.

03 / RISK Monitored 5+ years live

A framework, not an afterthought.

Robustness is built through a disciplined risk framework, not added after the fact. Across strategies, signals, assets, and execution, risk is continuously measured, diversified, and controlled to support resilience across market regimes.

01

Alpha Diversification

We diversify alpha across multiple signals, time horizons, and strategies to reduce dependence on any single source of return.

02

Exposure Limits

Exposure is spread across assets, factors, and venues, with limits that prevent over-reliance on any single position or market condition.

03

Adaptive Positioning

Position sizing adjusts to changing volatility, liquidity, and signal confidence, keeping risk aligned with market conditions.

04

Live Risk Monitoring

Proprietary systems continuously compare live trading against expected behaviour, flagging divergence in real time.

05

Automated Safeguards

Anomaly detection and automated controls help protect the book, with alerts routed across critical monitoring channels.

06

Dynamic De-Risking

Exposure is reduced during drawdown or stress events and systematically reintroduced as conditions stabilise.

04 / ETHOS

First principles, tested over cycles.

Risk Management First

Capital deploys only once risks are quantified, bounded, and observed.

First Principles

We deconstruct complex systems to fundamentals, then rebuild robustly.

Precision

Disciplined scope, every component instrumented for clarity and audit.

Meritocracy

The best idea wins, supported by data — precision outweighs tenure.

Future Driven

We anticipate structural shifts in microstructure, liquidity, and regulation.

Integrity

Transparency, accountability, and fairness across partners and trades.

05 / THE TEAM Quant · HPC · Institutional

An accomplished team,
with depth across research, infrastructure, and trading.

Charles Fried

Charles Fried

Chief Executive Officer

Leads firm strategy, partnerships, and portfolio management, bringing experience as a serial software entrepreneur with a track record building deep-tech ventures and scaling technology-led businesses. Focuses on aligning research, infrastructure, capital relationships, and execution into a disciplined institutional platform.

Dr. Alexander Nestor-Bergmann

Dr. Alexander Nestor-Bergmann

Chief Technology Officer

Oversees technology, research infrastructure, and quantitative systems. Brings over a decade of experience in quantitative research, machine learning, and applied mathematics, with a PhD in Applied Mathematics and prior experience as a Research Fellow at the University of Cambridge.

Vincent Drigues

Vincent Drigues

Chief Financial Officer

Oversees finance, treasury, governance, and risk oversight, with experience managing finance and operations across multiple startups. Previously served as CFO of a clinical-stage gene-therapy company and began his career in audit at EY.

Aabir Fauzan

Aabir Fauzan

Senior Quant

Focuses on alpha research, portfolio construction, and live strategy management across systematic programs. Works across signal discovery, model validation, risk calibration, and allocation, translating research into production-ready strategies.

06 / ACCESS

Partner access,
by introduction.

Unsigned Research engages selectively with institutional partners, strategic counterparties, and qualified investment relationships. Discussions are conducted privately and by invitation, with materials shared only where appropriate.

Unsigned Research does not solicit capital investment. The information provided is for general informational purposes only and does not constitute an offer, recommendation, or invitation to invest.

07 / CONNECT

Let's talk.

For technical discussions, partnerships, or investment opportunities, reach the partners' office directly.

Office
London, United Kingdom
UnsignedResearch
© 2026 Unsigned Research Ltd. All rights reserved.