generate alpha
How AI helps fintechs generate alpha and differentiate returns - Tech Wire Asia
ASIA is a financial services giant, and Singapore and Hong Kong are two of its largest, most prestigious'international financial centers'. Ultra high net-worth individuals from across the region, and sometimes even overseas, invest in niche fund houses and funds with complex strategies -- all in search of'alpha' -- a return higher than the market benchmark. Up until now, generating alpha was the sole domain of gifted fund managers who used a mix of knowledge, experience, and their own brand of eccentricity. They made several bets, some of them panned out, some didn't, but the good ones managed to create oversized returns for investors from the overall portfolio. In today's day and age, however, AI can beat fund managers hands down.
Development of Cloud-Based Automated Trading System with Machine Learning
Maxime Fages Maxime's career spanned across the strategic aspects of value and risk, with a particular focus on trading behaviors and market microstructure over the past few years. He embraced a quantitative angle in M&A, fund management or currently corporate strategy and has always been an avid open-source software user. Derek began his career on the floor of the CBOT then moved upstairs to focus on proprietary trading and strategy development. He manages global multi strategy portfolios, focusing in the futures and options space. He is currently the Deputy Director of Systematic Trading at Foretrade Investment Co Ltd.