Institutional-grade data infrastructure for
asset management.

Who We Are

Echelon Quantitative is a quantitative research firm building data infrastructure for the asset management industry. Our core product is xNAV — real-time intraday pricing for mutual funds.

xNAV

Mutual funds represent nearly $29 trillion in assets under management and remain among the last widely-held asset classes without a continuous price. xNAV is Echelon's solution — an intraday net asset value estimate for mutual funds, derived entirely from market data and updated in real time throughout the trading day. No holdings disclosures required.

Explore it live at xnav.live.

Why It Matters

NAVs are the foundation of how mutual funds are priced and trusted, yet the data infrastructure behind them hasn't changed in decades. With ETFs raising the bar on pricing transparency and fee compression reshaping the industry, firms that rely on slow, expensive, end-of-day processes are increasingly at a disadvantage. Real-time pricing isn't a future state — it's where the market is heading.

The Mission

The asset management industry runs on data infrastructure that is decades old, expensive, and controlled by a small number of entrenched vendors. Echelon was founded on the belief that rigorous quantitative research can produce better signals — faster, more independently, and at a fraction of the cost. xNAV is the first proof of that. It won't be the last.

SCHEDULE A CALL

We work with asset managers, allocators, and data teams across public and private markets. If our research intersects with a problem you're trying to solve — whether that's pricing, valuation, data infrastructure — we'd like to hear about it.