KUALA LUMPUR, June 21 (Bernama) -- Qraft Technologies (Qraft) has signed a Memorandum of Understanding (MoU) with BNP Paribas Global Markets Asia Pacific to develop innovative investment solutions based on Qraft’s artificial intelligence (AI)-powered investment platforms for BNP Paribas’s Global Markets clients in the region.
According to a statement, QRAFT and BNP Paribas Global Markets Asia Pacific will explore the possibility of cooperation using AI, machine learning, big data and/or other latest techniques.
“Qraft's expertise in AI-driven investment solutions, combined with BNP Paribas’ Global Markets extensive market reach and client base, sets the stage for a powerful partnership that showcases the potential of AI to support institutional growth at a global scale.
“We are thrilled that the team at BNP Paribas Global Markets Asia Pacific has decided to leverage our AI investment capabilities and look forward to building incredible tools for their clients,” said Qraft Founder and Chief Executive Officer, Marcus Kim.
Backed by SoftBank, Qraft has served as a leading provider for AI-driven investment solutions since 2016 and is turned to by major financial institutions across Asia, Europe and the United States.
From AI-powered security selection and asset allocation engine to AI-powered electronic trading execution solutions, Qraft leverages the power of AI to offer a competitive edge in generating alpha and managing risk in the financial market.
A fintech company aiming to drive growth in the asset management industry through its innovations in AI and investing, Qraft offers a variety of AI-powered investment solutions, including a security selection engine and asset allocation engine.
-- BERNAMA
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