Israel-based Fintica extends R&D collaboration with Nikko Global Wrap after a successful trial
Fintica, a spinoff of Cortica, leverages next-generation AI to understand volatile market and steer investment decisions
James Spiro | 14:09, 17.08.20
Fintica AI, Ltd. has announced the success of its Proof of Concept (PoC) for Japanese asset management company, Nikko Global Wrap. The company, which is part of Sumitomo Mitsui Financial Group, confirmed it will continue to use Fintica’s proprietary autonomous artificial intelligence engines to leverage financial markets. The collaboration comes at a particularly volatile time in the financial markets due to Covid-19, worldwide elections and protests, and economic uncertainty. Companies, therefore, are seeking better ways to achieve a deeper understanding of changing market structures and conditions, ultimately helping implement effective investment strategies.