LATAM

INTELLIGENT SOFTWARE

NP Paribas , Europe ’ s leading global bank , and QuantumStreet AI , a global leader in the field of AI-powered investment solutions , have announced the launch of a proprietary new BNP Paribas Cross Asset Trend and AI Index in Brazil with global plans .

The BNP Paribas Cross Asset Trend and AI Index is designed to combine traditional trend-based investing techniques with the AI-powered approach of trend-following signals powered by QuantumStreet AI , which are designed to identify cues that might otherwise be missed to allow for the targeting of optimal allocations across global asset classes .

The strategy underpinning this Index captures a broad range of available information by leveraging both past data and forward-looking indicators via AI analysis . QuantumStreet AI utilizes IBM watsonx as the foundation for its generative AI platform .

By incorporating BNP Paribas ’ proprietary trend analysis , leveraging its award-winning indexing capabilities and QuantumStreet AI ’ s Machine Learning models for institutional investors , the index aims to provide a comprehensive view of cross-asset market trends , including equities , fixed income and commodities and across geographies covering equities and bonds in the US , Europe and Japan . The BNP Paribas

Cross Asset Trend and AI Index will be used to provide the basis for global structured products being made available to BNP Paribas ’ clients , offering investors a unique perspective and way to access market trends and emerging opportunities .

XP , a leading , technology-driven platform and provider of financial products and services in Brazil , offers the BNP Paribas Cross Asset Trend and AI Index on its platform , providing investors with diversified financial products that are at the forefront of global innovation .

Adil El Batji , Head of Global Equities , Americas at BNP Paribas , said : “ BNP Paribas ' collaboration with QuantumStreet AI highlights the bank ' s commitment to fostering innovation and exploring new avenues for enhancing investment strategies . This collaboration brings together the knowledge of two industry leaders to provide clients with cutting-edge quantitative investment solutions that leverage data-driven insights to optimize portfolio performance and transform the investment landscape .”

Chris Natividad and Subhra Tripathy , Principals at QuantumStreet AI , said : “ We are thrilled to be working with BNP Paribas on the introduction of this new Index . It is ever so important to identify and harness consistent sources of return within a systematic framework , and AI driven approaches provide a solid basis for that . We look forward to strengthening our relationship and serving the bank ' s global client base ."

Raj Datta , Vice President , ISV and AI Partnerships , IBM , said : " Collaborating with QuantumStreet AI enables institutions to access AI-driven investment solutions with watsonx . Such relationships are a way forward for rapid innovation and to build trusted AI ." •

INTELLIGENT TECH CHANNELS LATAM

INTELLIGENT TECH CHANNELS

39 39