Governance

AtlasVanguard is governed through an open, documented model that prioritizes transparency, reproducibility, and long-term continuity - without unnecessary bureaucracy.

Clear governance builds trust, makes collaboration easier, and protects AtlasVanguard’s research-first, non-speculative mission. It also keeps decisions traceable as the initiative grows.

Our Mission

  • Support transparent financial research
  • Provide a governed structure for collaborative market observability work
  • Improve understanding of Moroccan market structure and market evolution
  • Encourage reproducible, evidence-based quantitative research
  • Serve academic, institutional, and research-oriented use cases

What’s in scope / out of scope

In scope

  • Market observability and research
  • Quantitative analysis of Moroccan financial markets
  • Governance of research methodology
  • Cross-domain collaboration between researchers, engineers, and finance practitioners
  • Documentation and reproducibility of analytical work
  • Educational and institutional research support

Out of scope

  • Trading systems or execution systems
  • Investment advice or portfolio management
  • Predictive trading recommendations
  • High-frequency trading infrastructure
  • Brokerage or order routing
  • Speculative AI systems

How decisions are made

Complex issues escalate through these levels, starting with the smallest group that can resolve them.

Decision Level Who Decides Examples
Everyday decisions SIG leads / maintainers Routine coordination, small doc updates, day-to-day work inside a SIG
Methodology changes SIG review + RFC process Analytical definitions, research methods, interpretation rules, reporting standards
Structural changes Steering Committee SIG creation/retirement, governance overhauls, cross-group conflicts

Steering Committee

The Steering Committee is the highest-level guidance body. It sets the overall direction, approves major changes, and resolves cross-group conflicts.

The committee is initially founder-led and will expand to include trusted contributors and advisors over time.

Main responsibilities

  • Set the overall direction of the initiative
  • Approve the creation, modification, or retirement of SIGs
  • Approve major governance changes
  • Resolve cross-SIG conflicts
  • Maintain organizational continuity

Special Interest Groups (SIGs)

SIGs are the working units of AtlasVanguard. Each group owns a specific domain, such as quantitative models or data infrastructure. They operate autonomously within their charters and report to the Steering Committee when needed.

RFC Process (How changes are proposed)

All meaningful changes to research methods, scope, or governance follow a Request for Comments (RFC) process. This ensures that every change is discussed openly, documented, and traceable.

Draft
Review
Revise
Approve
Adopt
Validate
What does an RFC contain?
  • Problem being addressed
  • Proposed change
  • Reason for the change
  • Expected impact
  • Alternatives considered
  • Governance implications

Research Ethics & Integrity

No trading promotion
No hidden methodology
No undocumented assumptions
No manipulation of outputs
No misrepresentation of uncertainty
No overclaiming from limited data

Data & scientific integrity

AtlasVanguard documents provenance where possible, keeps methodology transparent, preserves reproducibility, and separates data, analysis, and interpretation.

Core ethics

The initiative avoids hidden assumptions, speculative claims, and any use of research outputs that could blur the line between observation and promotion.

Contribution model

Contributors are welcomed from academia, industry, and the open-source community. All contributions are reviewed for quality, reproducibility, and alignment with the mission. See how to join → Join Us

Governance in brief

  • Every SIG has a lead
  • Major changes are documented
  • No SIG operates outside the mission
  • Cross-group work is coordinated