About the Consulting Practice

Consulting / About

Anirban Majumdar
Founder & Principal Consultant

ANIRBAN MAJUMDAR

MBA, Chicago Booth · MS Computer Science · B.Tech, IIT Kharagpur · ARPM Certificate

Twenty-five years spanning quantitative finance, enterprise engineering, and healthcare operations — and, unusually, both sides of the table: I have built risk systems inside large institutions and I have built a company from zero to exit.

That combination is the practice. The same analytical machinery that prices an options book will size a clinic's remote-monitoring program or stress a family office's allocation; the difference is knowing which questions are worth modeling and which are really operating problems wearing a spreadsheet.

Engagements are scoped, outcome-driven, and delivered by the principal. The wealth-management practice is documented separately on the advisory site.

25+ Years Across Finance & Technology
$5M Raised & Deployed as Founder
8 Institutions & Desks Served
FLAGSHIP BUILD

PatientMD — zero to exit.

Co-founder & President · 2017–2021

Bootstrapped a healthcare technology company from an empty page to a $5M raise and a 7x exit — building the product, the organization, and the go-to-market at the same time.

PatientMD set out to put the patient, the physician, and the practice on one platform instead of three disconnected ones. I started it from the ground up, raised $5M, and built the company that shipped it — recruiting and developing teams across frontend, backend microservices, AI, integration and automation, design, project management, sales, marketing, HR, support, and QA.

The product was deliberately broad because the workflow is: telemedicine, marketplace, appointments, educational video, news and blogs, revenue-cycle management, campaign management, bi-directional chat, and both patient health records and EHR integration. On the business side I built the incentive design connecting patients, doctors, businesses, and employers on the platform, and the sales and business-development processes behind it.

We filed patents on the use of the Patient Token in the platform's token economy and launched the token itself. I exited by selling my shares to my partners at a 7x multiple.

Visit PatientMD →
$5M Capital Raised
7x Exit Multiple
10+ Functions Built & Led
Patents Filed on Token Economy

Selected Engagements & Builds

Work delivered for brokerages, insurers, banks, trading desks, and hedge funds.

Brokerage Merger — Model Consolidation

Owned model review for the TD Ameritrade thinkorswim and Charles Schwab merger, reconciling two firms' pricing and risk implementations into a single quantitative library that could be defended to regulators.

Equity Ratings & Selection Engine

Large- and small-cap ratings models for domestic and international securities at Charles Schwab, with a companion equity risk model built by the team I led and a short-horizon factor model for active traders.

Options Pricing Library

SABR in C++ with Nelder-Mead calibration, an enhanced volatility-shock model benchmarked against SVI, daily SVI performance monitoring, and an improved CRR control-variate model benchmarked against Bjerksund-Stensland.

Regulatory Capital & Stress Testing

CCAR, DFAST, and Basel capital adequacy, liquidity-gap and scenario analysis for Schwab Bank, plus SPAN 2 margin risk arrays and unsecured margin debt risk with VIX-shock sensitivity.

Structured Credit & Hedging

Priced and managed rating-migration risk on a $60M synthetic CDO under S&P methodology, negotiating capital charges with S&P and Moody's for a $1.2M realized gain, alongside a $30M derivatives hedging program for index-linked annuities.

Trading-Desk Model Support

High-frequency options market-making and statistical-arbitrage models for proprietary firms and hedge funds — Goldman Sachs, Merrill Lynch, Peak6, Getco — with GJR-GARCH and stochastic-volatility calibration for commodities.

Insurance General-Account Analytics

Risk budgeting and attribution across nine asset classes at Allstate Investments, including real estate, commercial mortgages, and private equity, with swaption regime hedging and yield-curve roll optimization.

Hedge Fund Allocation Research

Portfolio allocation framework for BG Capital, a $10M hedge fund — factor models, sector rotation, forecasting, optimization, and attribution, built in R — plus Basel economic-capital estimators for Fifth Third Bank.

Research-to-Execution Platform

The current InnovationStrat platform: signal research, backtesting, portfolio construction, options overlays, order and position management, and a macro dashboard on FRED, Quandl, and Polygon feeds.

What Sets Us Apart

Quantitative Rigor

25+ years building models at institutional scale—from SABR volatility pricing to factor-based portfolio optimization.

Entrepreneurial Perspective

Founded and built a healthcare AI startup. We understand the founder journey from first check to scale.

Integrated Approach

Finance, tax, healthcare, and technology expertise under one roof—no siloed advice or coordination gaps.

Team working

Scope an Engagement

Operational consulting for healthcare practices, family offices, and businesses.

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