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About Deltaray Research

Engineering-grade trading strategies, delivered with the rigor of mission-critical software

Why We Exist

After scaling Alpaca Markets' brokerage API from zero to 2.3 million orders per day, our founder could have joined any major financial institution. Instead, he chose to build something different—a focused team that moves faster, adapts quicker, and delivers better outcomes than companies 100x our size.

The systematic trading world is full of glossy slide-decks and vague promises. We founded Deltaray Research to bring something rarer: verifiable engineering discipline applied to alpha generation.

Yes, We're Smaller. Here's Why That's Better

Skin in the game

Every line of code we ship is tested with our own capital at risk. When you trade with systems built by people who also trade, you get battle-tested reliability.

Direct access to senior expertise

You talk to the engineers who built the platform—not an account manager reading a script. Decisions in days, not months of committee meetings.

Built for sustainability

Profitable from day one, not dependent on the next funding round. Your success directly impacts ours—we can't hide behind quarterly earnings reports.

Obsession with reliability

Our background is building systems where downtime costs millions. We carry the same intolerance for failure here.

Meet the Founder – Tibor Kiss

15 years building and operating production systems that cannot fail.

Selected Track Record

Alpaca Markets – MD & Director of Engineering
  • Scaled brokerage API from zero to 2.3 million+ orders/day, 7x year-over-year growth without a single trading-hours outage
  • Achieved 60% cost reduction by re-architecting real-time order routing
  • 0% team attrition while scaling engineering operations
Cloudera / Hortonworks – Senior Engineering Manager
  • Delivered core components of the Apache Hadoop ecosystem now running in over 120 Fortune 500 data clusters
  • Shipped five on-time major releases without missing a single delivery commitment
  • Reformed how the company tested software with cloud-based technologies
Sabbatical R&D (2021-2022)
  • Built live execution infrastructure that has been running unattended since 2022 with >99.99% availability
  • Wrote an open-source back-testing engine capable of replaying 10 years of tick data in under 4 minutes on commodity hardware
  • Completed graduate-level coursework in statistics and ML for finance while building profitable trading strategies
Open-source footprint

4000+ GitHub stars across Hadoop, Parquet, and proprietary market-data libraries

Regulatory discipline

FINRA-aligned audit trails, SOC2 methodology, automated static and dynamic analysis on every commit

Business fluency

Sat on both sides of the table—negotiating exchange connectivity fees and debugging kernel-bypass drivers

What This Means for Your Trading

Real edge comes from marrying market insight with execution certainty. Our infrastructure ensures:

Micro-second latencies without sacrificing safety checks

Every order is validated through the same risk management system that protects our own capital

Strategy code that is versioned, test-covered, and reproducible

Your PnL is explainable because every decision is traceable and auditable

Deployment pipelines that treat quantitative logic like revenue-critical software

The same engineering practices that scaled systems to billions of requests now protect your trading strategies

Why We Do This

After years of building systems for others, I took a sabbatical to trade with my own capital. That experience—having skin in the game—fundamentally changed how I approach trading technology. Every system we build is designed as if our own money depended on it.

Because once upon a time, it did.

Our Promise

We're not trying to be everything to everyone. We're options trading technology experts who've chosen depth over breadth, quality over quantity, and client success over company size.

If we commit to a performance target or delivery date, you can reference Tibor's 15-year record of hitting them. We stake our name—literally—on shipping resilient, transparent, and profitable systems.

Ready to see engineering-grade trading in action?