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Press release Box-ID: 1130049

Quantumrock GmbH Luise-Ullrich-Str. 4 82031 Grünwald, Germany https://quantumrock.ai
Contact Mr David Beck
QG

Quantumrock partners with digital wealth tech company Bambuenhancing B2B roboadvisory solutions with AI

Bambu’s clients will benefit from AI-driven portfolio construction while retaining full flexibility and transparency

(PresseBox) (Munich, )
Singapore-based leading global digital wealth company, Bambu, today announces its partnership with Munich’s artificial intelligence (AI) asset tech and portfolio management pioneers, quantumrock. By partnering with Bambu, quantumrock’s team of deep tech engineers, capital market experts, and international top executives from the banking and technology sector will enhance Bambu’s cloud-based B2B roboadvisory solutions with its innovative AI platform, in doing so elevating the wealth management company’s current portfolio management offering.

“This partnership is a unique opportunity for our team at quantumrock to use their extensive expertise and technology in AI and machine learning in wealth management to further enhance and improve the experience of Bambu’s global client base of financial institutions through AI-driven portfolio construction.” –Timothy Lloyd, Chief Business Development Officer of quantumrock 

Stefan Tittel, CEO and Founder of quantumrock, adds: “The combination of Bambu’s and quantumrock’s technologies is a natural fit and the partnership will elevate both parties’ offerings significantly. The partnership further widens our footprint of AI-driven investments and confirms the scalability of our Meta AI platform approach.”

The technological enhancement of Bambu’s current portfolio management offering which the partnership enables will bring about numerous benefits for clients of the Singaporean wealth technology provider. Most significantly, Bambu’s clients–primarily financial institutions–will be able to exploit robust and elaborate AI-driven portfolio construction while still retaining full flexibility and transparency of their portfolios’ parameters.

“We’re excited to mine quantumrock’s knowledge and technology in the fields of AI, ML, and alpha generation. This esteemed collaboration will provide our clients with vigorous AI-driven portfolio construction while retaining full portfolio framework flexibility.”  –Ned Philips, Co-Founder and CEO of Bambu

The partnership between quantumrock and Bambu signals the start of a highly significant collaboration between two leading global wealth technology providers. quantumrock’s groundbreaking technology, designed to rapidly analyze market data in order to recognize patterns and opportunities for alpha generation, greatly complements the work of Bambu, which seeks to make saving and investing both simple and more intelligent for its financial services clients. 

True Global Ventures’ General Partner Frank Desvignes adds: “As a shareholder in quantumrock, we believe AI is bringing the asset management industry to the next level and we are glad to support this partnership. We are also excited to see another example of the adoption of quantumrock’s technology by institutional investors." 

“Bambu and quantumrock have very strong synergies in terms of a combined offering giving them a significant competitive advantage over any growth stage fintech company in the space.“  –Dušan Stojanović, General Partner of True Global Ventures

 

About Bambu: 
Bambu is a leading global digital wealth technology provider for financial institutions. The company enables businesses to make saving and investing simple and intelligent for their clients. The cloud-based platform is powered by proprietary algorithms and machine learning tools and serves more than 20 financial institutions globally. Founded in 2016, Bambu is headquartered in Singapore with subsidiaries in the UK, the US, and EMEA representatives.

About True Global Ventures:
True Global Ventures (TGV) is a global Venture Capital firm built by a group of serial entrepreneurs with a solid track record of investing their own money together with limited partners into ventures run by serial entrepreneurs. Existing portfolio companies include Animoca Brands, The Sandbox, Forge Global, Chromaway, Coinhouse, GCEX, Chronicled, Enjinstarter, Iomob, Dedoco, and quantumrock. Portfolio companies leverage Web3 technologies, incorporating blockchain as a competitive advantage to drive change with proven products. TGV is a distributed fund with a presence in 20 cities, including Singapore, Hong Kong, Taipei, Dubai, Stockholm, Paris, Madrid, Warsaw, New York, San Francisco, and Vancouver.

Quantumrock GmbH

Quantumrock GmbH is an AI asset tech company differentiating through an innovative AI/ML platform which is employed to rapidly analyse large amounts of market data to identify patterns and opportunities for Alpha generation, packaged for clients in Alpha-generating strategies that improve their funds or portfolios, so-called Alpha Add-Ons. The company is headquartered in Munich, Germany, and consists of around 30 deep tech engineers, finance/capital market experts and international former top executives from the banking and technology sector as employees and advisors.

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.