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The asset manager will use artificial intelligence to increase the profitability of investments

George Reece by George Reece
August 22, 2019
The asset manager will use artificial intelligence to increase the profitability of investments
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The consultant has been selected by the European Eurostars program for research, development, and application of advanced technological solutions within its sector

The inbestMe online asset management company works on the design of a software platform that allows the optimization of automated investment portfolios, with maximum personalization and risk control in global markets. For the development of this improvement project in the technology applied to offer answers to private users or companies of financial products, inbestMe has the support of the European Commission that has chosen it within the Eurostars program for research, development and application of solutions based on Artificial Intelligence, Machine Learning and Big Data in the automated management of investment portfolios.

The two-year project with a global budget of 1.25 million euros also incorporates 7Bulls and the universities of Ulm (Germany) and Oslo (Norway). The selection “demonstrates the great capacity of our team in the financial and technological area,” says the head of inbestMe, Jordi Mercader.

The application of Artificial Intelligence to the tools of this Fintech will facilitate to know with much more precision the behavior of investors and markets, which will allow the decision of inbestMe with more security to maximize the profitability of the investments.

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