Farringdon to Debut AI-Powered Asset Management
Investment selections will still be overseen by human managers before trades are executed.
Farringdon has teamed up with Maxsys AI, a California-based startup specialized in developing AI for investment management, to enhance Algebra. According to Maxsys AI, its cloud-based centralized intelligence can process data points from around the world and analyze them simultaneously.
The neural network will make investment decisions based on a set of rules proposed by Maxsys AI and accepted by Algebra. Examples of such rules include acceptable volumes on stocks.
Martin Young, CEO at Farring
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