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SEOUL, South Korea & TAIPEI, Taiwan, April 03, 2024–(BUSINESS WIRE)–Qraft Technologies, a number one invest-tech firm creating synthetic intelligence options, proudly declares a strategic technical collaboration with First Securities Investment Trust Co., LTD (FSITC), a distinguished asset administration agency. The partnership’s objectives can be to develop new instruments for funding administration via the joint growth of subtle AI and deep studying algorithms. These initiatives will look to refine multi-factor screening fashions and improve forecasting of market danger and set new benchmarks for funding methods.
At the current time, the place AI and deep studying are altering the world of investing, Qraft brings its cutting-edge experience to this collaboration, driving the event of revolutionary monetary applied sciences. This enterprise will make the most of Qraft’s superior AI algorithms to determine and analyze intensive world monetary knowledge, whereas optimizing the inventory choice course of and market danger sentiment predictions. Qraft and FSITC’s purpose is to broaden and elevate the toolkit out there to mutual fund, DAM account, and Active ETF portfolio managers, making certain top-tier funding administration providers are accessible to the general public.
“Our collaboration with FSITC represents a pivotal step forward in our mission to redefine the financial investment landscape with AI-driven solutions,” mentioned Marcus Kim, CEO of Qraft Technologies. “We look forward to combining our technological prowess with FSITC’s industry insights to unlock new opportunities for investors worldwide.”
Since 2016, FSITC has been on the forefront of introducing AI-themed funding merchandise, together with the FSITC Global AI Robotics and Smart Automation Fund and others. These initiatives mirror FSITC’s dedication to innovation and its technique to leverage AI in operational administration and funding processes.
FSITC’s collaboration with Qraft additional develops the enhancement of FSITC’s funding methods by incorporating Qraft’s AI algorithms into inventory choice and market danger sentiment evaluation. This synergy goals to refine mutual fund funding processes and set new requirements in danger administration.
“Joining forces with Qraft not only amplifies our capabilities but also aligns with our commitment to spearheading the integration of AI in the financial sector,” mentioned Liao Wen-wei, General Manager of FSITC. “We are poised to embark on this journey, making new inroads in investment management through our shared vision and technological synergy.”
About Qraft Technologies
Qraft Technologies is a fintech firm aiming to drive development within the asset administration trade via its improvements in synthetic intelligence (AI) and investing. Qraft presents quite a lot of AI-powered funding options, together with a safety choice engine, asset allocation engine, robo-advisory answer and an AI order-execution system. From knowledge processing to alpha analysis and portfolio execution, Qraft has a longtime observe document in creating cutting-edge AI options which were adopted by over 25 monetary establishments worldwide. In 2022, Qraft obtained a US$146 million funding from SoftBank Group, getting into right into a strategic partnership to speed up AI within the asset administration trade.
About First Securities Investment Trust Co., LTD (FSITC)
First Securities Investment Trust Co., LTD (FSITC) is an entirely owned subsidiary of First Financial Holding Co. FSITC is the third funding belief firm established in Taiwan since 1986. At the tip of November 2023, the entire property beneath administration was NTD$124.4 billion, wherein property of publicly-offered funds totaled NT$112 billion, rating 14th amongst its friends. FSITC is the pioneer of onshore AI theme funds in Taiwan and launched a collection onshore AI associated theme funds specializing in robotic, Fintech, Bio and AI associated software program software since 2016. In February 2020, FSITC established a quantitative funding division that actively recruits excellent people in quantitative funding, supplies mandatory sources and platforms to develop and apply quantitative funding methods and delivers prospects high-quality portfolio administration providers.
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Contacts
Bernardo Soriano
Gregory FCA for Qraft Technologies
Email: bernardo@gregoryfca.com
Phone: 914-656-3880
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