QRAFT Technologies, a leading invest-tech company specializing in artificial intelligence solutions, has announced a strategic collaboration with First Securities Investment Trust Co., LTD (FSITC), a prominent asset management firm. Together, they aim to revolutionize investment management by developing advanced tools using AI and deep learning algorithms. Their joint efforts will focus on refining multi-factor screening models, improving market risk forecasting, and setting new benchmarks for investment strategies.
In today’s rapidly changing investment landscape, AI and deep learning technologies are playing a crucial role. QRAFT Technologies, with its cutting-edge expertise, is driving the development of innovative financial technologies through this collaboration. By utilizing QRAFT’s advanced AI algorithms, the partnership will identify and analyze extensive global financial data, optimize the stock selection process, and make market risk sentiment predictions. The ultimate goal is to enhance the toolkit available to mutual fund, DAM account, and Active ETF portfolio managers, making top-tier investment management services accessible to the public.
Marcus Kim, CEO of QRAFT Technologies, expressed excitement about the collaboration, stating, “Our collaboration with FSITC represents a pivotal step forward in our mission to redefine the financial investment landscape with AI-driven solutions. We look forward to combining our technological prowess with FSITC’s industry insights to unlock new opportunities for investors worldwide.”
FSITC has been at the forefront of introducing AI-themed investment products since 2016. Their commitment to innovation and strategy to leverage AI in operational management and investment processes has led to the creation of initiatives like the FSITC Global AI Robotics and Smart Automation Fund. By collaborating with QRAFT, FSITC aims to further enhance their investment strategies by incorporating AI algorithms into stock selection and market risk sentiment analysis. This synergy between the two companies aims to refine mutual fund investment processes and set new standards in risk management.
Liao Wen-wei, General Manager of FSITC, highlighted their commitment to integrating AI in the financial sector, saying, “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. We are poised to embark on this journey, making new inroads in investment management through our shared vision and technological synergy.”
QRAFT Technologies is a fintech company that aims to drive growth in the asset management industry through its innovations in AI and investing. Their AI-powered solutions include a security selection engine, asset allocation engine, robo-advisory solution, and an AI order-execution system. With a track record of developing cutting-edge AI solutions adopted by over 25 financial institutions worldwide, QRAFT received a US$146 million investment from SoftBank Group in 2022, further accelerating AI adoption in the asset management industry.
FSITC, a wholly owned subsidiary of First Financial Holding Co., is a pioneer in onshore AI-themed funds in Taiwan. Since 1986, FSITC has been actively involved in investment trust services and has established a quantitative investment department since February 2020. They recruit exceptional individuals in quantitative investment, provide necessary resources and platforms, and deliver high-quality portfolio management services.
The collaboration between QRAFT Technologies and FSITC represents a significant step forward in the integration of AI and deep learning in investment management. By leveraging their respective expertise, they aim to redefine industry standards and provide investors worldwide with innovative and top-tier investment solutions.
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