—
Algo AI Strategies, a financial services software integration firm, today announced a 2.0 next generation release of its HFT-ready artificially intelligent algorithmic trading framework for Forex, Commodities, Options and Index trading. It promises not only to improve investor returns and enhance risk management, but even to boost its own competitors’ trading results as well.Researched over 9 years, and from several thousand hours of quantum algorithmic (algo) testing, the upgrade provides an entirely new trading framework that other algorithms can be improved from, including its own library of over nearly 8000 competing strategies . The company intends to license the framework, and its strategy library, to fund managers and institutions who can exploit the platform to improve results for all combinations of live and automated speculative trading strategies.
Automated Portfolio Management
The platform performs by engaging a proprietary portfolio management system. Its artificially intelligent manager constantly optimizes the performance of any number of competing algo or live trading strategies within its management architecture to find a dynamic combination for the market conditions it is facing. Said Scot Skinner, Chief Technology Officer :
“This new releases offers the final missing piece necessary to achieve automated trading excellence because it once and for all addresses the problem that all algorithmic strategies face, obsolescence" said Skinner. "Our portfolio manager self corrects and optimizes the performance all of the strategies within its group in real time and in all market conditions. This saves years of development and testing time in retooling strategies.”
Licensing A New Direction
The release also presents a new business direction for the company positioning it as an operating system for every other algorithm or algorithm blended trading environment which Robert D. Johnson, Managing Director, said fundamentally changes its relationship with fund managers and institutions.
“Now that Algo AI is a platform for the algo trading world, we have opened a new type of collaborative relationship with funds and institutions” said Johnson. “They can license our technology, and even our existing strategies, and combine them with their own in-house strategies to improve results, and gain faster and safer asset growth.”
The company unveiled its licensing model in private consultation and presentations made to members and attendees at the Forex Magnate London Summit 2014.
About Algo AI
Algo AI Strategies is a wholesale software systems integrator for both the Foreign Exchange markets (FOREX) and other dynamic speculative trading environments (commodities, options, index funds) deploying proven, automated trading systems which both preserve capital and achieve consistent growth while minimizing risk. Its software and trading systems are in use by investors, institutions, prop houses and hedge funds and is also offered through licensing and white label versions for financial institutions. More at www.algoais.com
Contact Info:
Name: Daniel Matalon
Email: Send Email
Organization: Algo AI Strategies Ltd.
Phone: 646 701 7019
Website: http://algoais.com
Release ID: 68695
Google
RSS