Union Bancaire Privée establishes collaboration with fintech QuantCube Technology to develop stock selection strategiesAugust 8, 2020
Union Bancaire Privée, UBP SA (UBP) has signed a partnership agreement with Fintech QuantCube Technology (Quantcube) to develop innovative strategies for Bitcoin Revolution stock selection. As a result of this collaboration, UBP has launched the fund known as „UBAM – Smart Data US Equity“, an active and systematic, long-only stock selection strategy which uses QuantCube’s big data analytical tools. This was reported to Cointelegraph en Español in a press release from Geneva, Switzerland.
„UBAM – Smart Data US Equity is a UCITS fund managed by UBP. Asset selection takes into account the strongest signals linked to market sentiment from QuantCube’s alternative data sources exclusively, with a minimum track record of five years. The result is a high-conviction portfolio of 30-50 large-cap US stocks with medium-term holdings,“ the statement said.
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QuantCube, based in Paris, is a fintech company specializing in artificial intelligence and alternative data analysis in the field of economic information. It has developed its own library of very diverse alternative data, ranging from web and media analysis to satellite images.
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Collaboration and launch of the fund
Speaking about this new partnership and the launch of the fund, Nicolas Faller, Co-CEO of UBP’s Asset Management division, said
„Knowledge and experience in specific areas and technology are key factors in structuring and achieving value from alternative data sources. This is why UBP has signed an exclusive partnership agreement with QuantCube: their unique combination of financial technology, data science and investment expertise will enable us to design innovative solutions for the investor.
Thanh-Long Huynh, founder and CEO of QuantCube Technology, said:
„This is a unique collaboration that combines financial expertise, cutting-edge research in artificial intelligence and big data to create value for the investor and bring about a high level of differentiation. We are delighted with this innovative agreement with UBP, through which we want to give their customers additional added value with sophisticated products.
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About Union Bancaire Privée (UBP)
UBP is a private bank in Switzerland. The Bank specialises in wealth management for both institutional and private clients. Based in Geneva, it employs 1,796 staff in more than twenty offices around the world.
About QuantCube Technology
QuantCube Technology is a company specializing in artificial intelligence for financial and macroeconomic forecasting, processing billions of units of heterogeneous and unstructured data from all over the world in „real time“. QuantCube Technology provides short, medium and long-term strategic information to financial institutions, states and large companies through the production of Smart Data.