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Arabesque Introduces Autonomous Asset Management - OpenBusinessCouncil Directory

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Arabesque has unveiled its Autonomous Asset Management offering for the creation of highly customised and sustainable active investment strategies, powered by an artificial intelligence technology that can generate and operate millions of active equity strategies. Developed by Arabesque AI, 'AutoCIO' enables asset managers and investment professionals to configure and build hyper-customised active strategies that can be tailored to each investor through more than a thousand different personalised investment options. The launch comes as the asset management industry increasingly looks to leverage technologies like automation and AI for cost-efficient product development, alpha generation and delivering a customised and differentiated client experience. With over USD 400 million currently powered by Arabesque's AutoCIO, the platform offers investors an unprecedented degree of customisation through a streamlined web app that can generate a vast range of bespoke strategies, with AI used to forecast stock performance across 25,000 equities daily. Speaking about today's announcement, Georg Kell, Chairman of the Arabesque Group, said: "Artificial intelligence will play a pivotal role in the customisation of active investing in the coming years, with pressure growing to innovate both in terms of technology and client centricity. "Whilst the market is increasingly demanding sustainable products that align with the objectives and values of investors, asset managers are currently unable to offer customisable, active solutions at scale.