Start-up uses ‘Magic’ to democratize access to AI for hedge funds
Spun out of Brevan Howard five years ago, SigTech hopes its new no-code generative AI offering can help smaller buy-siders even the odds with AI models.
SigTech, a Software-as-a-Service platform that provides portfolio analytics services to hedge funds and asset managers, is using large language models and generative AI tools to improve firms’ data retrieval times and increase efficiency.
Bin Ren, SigTech’s founder, is the former chief investment officer at Brevan Howard Asset Management’s Systematic Investment Group, and he originally developed the platform as an in-house system for the fund. But the hedge fund spun it out in 2019, following a
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