Legal & General Investment Management (LGIM) has launched its first unlisted thematics index fund targeted at the UK retail market – the Legal & General Global Robotics and Automation Index Fund (the Fund), to service a growing client demand.
Robotics & AI
Tickeron has launched a Diversification Score (DivScore) tool, providing investors with portfolio diversification insight generated by artificial intelligence analysis.
Finantix, a provider of technology to the wealth management, insurance and banking industries, has closed its acquisition of InCube Group AG.
Fahd Rachidy, founder of AI solutions provider Abaka, is driven in developing his business by the fact that his father never had a pension. “People are struggling to save for their retirement and get affordable advice,” he says.
Axel Maier has joined fintech startup MDOTM, a developer of AI-driven investment strategies for banks, wealth and asset managers, as Global Business Development Strategist.
CAIS, a technology platform connecting financial advisers with alternative investments, has launched CAIS IQ, a learning system designed to help financial advisers master alternative investments.
Backstop Solutions Group, a cloud-based productivity suite for institutional and alternative investors, has launched IntellX, the newest offering in the group’s suite of data products and services.
DataRobot, a specialist in enterprise AI, has launched its first AI investment workflow, DataRobot on FactSet, an automated machine learning tool that helps financial services organisations – even those without extensive data science operations – incorporate AI into their investment workflows.
Canoe Intelligence, a new technology that eliminates manual data entry for alternative asset investors, has formed a new partnership with Promus Holdings, a multi-family office investment firm, to enhance the efficiency, speed and accuracy of Promus’ processes for reporting on private and alternative investments.
Artificial intelligence and machine learning are already impacting financial services firms and make the process of giving advice smoother, according to the delegates from a recent round table event, hosted by Bravura Solutions.