NARRUX SYSTEMS · RESEARCH & ENGINEERING
Research you can execute.
NARRUX Systems is the research and technology house of the NARRUX Group. We develop the quantitative models, validation procedures, risk architecture and execution software behind the group’s businesses, and we own the intellectual property behind them.

FOCUS
Quantitative research & execution
RECOGNITION
Financial Company of Excellence 2026
LICENCE
Ajman Free Zone · 41690
GROUP
NARRUX Group technology house
APPROACH
Beyond the chart.
A statistical edge is only useful when we understand where it comes from, where it fails and how it behaves under real costs, delays and stress. Our work starts there.
„A mathematical edge only becomes reliable when we understand its origins, failure points, and behaviour under real costs, delays, and stress conditions.“
– Michael Torsten Köbler, Chief Operating Officer
01
Research first
We re-examine established model classes under current market conditions and test their assumptions before we build on them.
02
Validation before trust
Every model is tested on data it has never seen and evaluated together with costs, liquidity, latency and changing market regimes.
03
Deterministic execution
Artificial intelligence supports research, optimisation and scenario analysis. Live trading logic remains rules-based and deterministic.
04
Controlled approval
No model goes live without documented review and approval. Expert judgement is not replaced by automation.
CAPABILITIES
What we build.
Four disciplines, one team. Everything is designed, developed and tested in-house.
Quantitative models & algorithms
We develop and validate quantitative models and trading algorithms, from the first hypothesis to a documented, production-ready strategy.
Quantitative research
In-sample and out-of-sample validation
Cost, liquidity and regime analysis
Risk architecture
Trading & execution systems
We engineer the software that turns an approved model into controlled execution through regulated brokers.
Broker connectivity via API and webhook
Order management and pre-trade risk controls
Monitoring and alerting
Execution analytics
AI agents & applications
We build AI tools that make research and operations faster, without handing live decisions to a model.
Research and scenario assistants
Strategy copilots
LLM integration
Process automation
Data & custom software
We design the data platforms and the software that research, trading and reporting run on.
Market and reference data pipelines
Data warehousing and modelling
Dashboards and analytics
Bespoke platforms and interfaces
PROCESS
From hypothesis to live system.
01 HYPOTHESIS
A clear, testable idea about a market effect.
02 RESEARCH
Data, literature and model design.
03 VALIDATION
Out-of-sample tests, costs, latency and stress scenarios.
04 APPROVAL
Documented review before anything goes live.
05 EXECUTION
Rules-based, deterministic execution through regulated brokers.
06 MONITORING
Continuous control of behaviour, risk and model drift.
NARRUX GROUP
The technology behind the group.
NARRUX Systems builds and owns the technology. The group companies apply it within their own licences and mandates.
aiTrate
aiTrate Trading applies NARRUX Systems’ models on its own account through regulated brokers.
SAIVOX
SAIVOX makes strategy building, testing and broker connectivity available to traders as a software platform.
NARRUX Holding
The investment holding of the group sets strategy and allocates capital across the companies.
RECOGNITION
Recognised for how we work.
Financial Company of Excellence Award
Category: Finance Leadership Excellence in FinTech
FinTech Week Awards & Expo 2026 · Singapore · September 2026
Awarded for a development approach that combines mathematical research, controlled execution and detailed risk analysis.
LEADERSHIP
The people behind NARRUX Systems.
Frank Zielkowski
Founder & Chief Executive Officer
Frank founded NARRUX Systems and leads its strategy, research direction and key partnerships. An economist by training (Diplom-Volkswirt, University of Freiburg), he brings long-standing experience in international business and technology-driven ventures.
Michael Torsten Köbler
Chief Operating Officer
Michael oversees the company’s operations and the delivery from research to production. He studied law and economics at Ruhr University Bochum and brings deep expertise in digital assets and blockchain-based technologies.
CONTACT
Talk to us.
For partnerships, selected technology projects, media and careers. We take on a limited number of external projects where our research and engineering are a clear fit.
NARRUX Systems FZE
B.C. 6010579, Ajman Boulevard, Building A
Ajman Free Zone, United Arab Emirates
Information only. NARRUX Systems FZE develops software and technology. It does not provide investment advice, manage client assets or hold client funds.
NARRUX Systems FZE · Ajman Free Zone · Licence 41690 · Ajman Boulevard, Building A, Ajman, UAE