Rick Huang

Painewebber & Co., Inc. provides stock brokerage and asset management services. The private company is based in Los Angeles and has subsidiaries in the United States. The American company was founded by Brent D. Williams.

Founded in 1996 by Stanley Diller and Rick Huang, PolyPaths' goal was to utilize the founders' vast experience in actively-used sell-side systems to create a new, versatile, easy to use product with uncompromising analytical rigor. The resulting system, which combines the modeling rigor and user control of a single sector trader with the universality of a general portfolio manager, has been used for specialized tasks such as evaluating complex embedded options and stress-testing a combined CMO and corporate portfolio. The system continues to expand along both the intensive and extensive margins. PolyPaths is the market leader in fixed income analytics. Ranging from trade analysis to pricing to risk management to hedging, PolyPaths systems meet a wide variety of needs for bond traders, risk managers, and portfolio managers. PolyPaths' Desktop System, network-based Distributed Processing System, and the Database-driven Enterprise System can be scaled to meet the needs of small hedge funds as well as major market dealers. PolyPaths' systems have robust models, corresponding to those of major dealers, which incorporate the latest advances in interest rate and current coupon modeling for structured mortgage products and exotic derivatives. The tremendous versatility of PolyPaths' System does not come at the expense of analytic rigor or any other measures of quality or effectiveness: PolyPaths develops each application to exacting specifications. They regularly stay in close contact with their customers, continuously monitoring and incorporating their perceptions of evolving industry trends.