Singapore, Singapore Dec 28, 2019 (Issuewire.com) - Living 3D has confirmed a partnership with Pareto as an exclusive marketing partner and global reseller to launch Quantesto, a cutting edge AI tool designed to be used in performing quantitative trading.
Institutional traders such as Hedge funds have been using quantitative trading methods for decades to generate alpha in a more consistent and risk-free manner, unsurprisingly, it has been proven time after time that an automated trading system can perform a better job than a human trader.
Pareto SG is targeting the Southeast Asia retail market, with offices in Singapore, Malaysia, and affiliates in all the ASEAN countries, It is a wealth-building, wealth networking and wealth education platform of the 21st century. They bring to their clients some of the most unique investment opportunities around the region. And Quantesto is one of its latest flagship product.
“Stock analysis is a repetitive job. Being able to monitor multiple products across asset class and being able to draw inferences from a variety of macro and microeconomic factors in an automated and easily understood manner definitely gives the trader an advantage in making the correct decision,” said Pareto representative.
Quantesto has captured and absorbed the last 20 years of market data in the global stock market, currency trading market, commodity markets, demographic trends, and other market data. Utilizing the latest AI technology based on deep learning neural networks, with reference to 100 different market indicators, such as Oil price, bullion, loan, unemployment rate, demographics to name a few.
The team responsible for building Quantesto includes a dozen professionals in the fields of mathematics, finance and computer science. The engine is capable of learning the underlying behavior of the best traders, and more than 150 trading strategies are already learned by Quantesto.
The engine can execute 1500 simulations per minute, which is impossible to achieve by any human.
The party has reserved the success rate to public in live trading at beta phrase to avoid misleading the audiences, and is only willing to disclose the tool has outperformed its human counterpart, the company hired professional trading team at best by 50%, and on an average of 26% and the party expresses that there are plenty rooms for future improvement.
Pareto will be the exclusive partner in marketing the technology to the retail investors, as Quantesto is still a maturing product it still requires the fine-tuning of experienced traders. Pareto will be launching a subscription service to its members in 2020.
Media Contact
Living 3D Holdings Incorporaton pr@living3d.com http://www.living3d.com
