Private Banks

UBP announces partnership with QuantCube Technology to Innovative Equity Stock-Picking Strategies

Union Bancaire Privée, UBP SA (UBP) has announced that it has signed an exclusive partnership with FinTech company QuantCube Technology (QuantCube) in order to develop innovative bottom-up equity stock-picking strategies.

As the first outcome of this collaboration, UBP has launched a long-only, active, systematic stock-picking strategy powered by QuantCube’s big data analytics in Singapore, the firm said in a press release.

QuantCube is an FinTech company headquartered in Paris and specialising in AI and alternative data analytics for economic intelligence, reports UBP. The company has been developing a proprietary alternative data lake ranging from web and media analytics to satellite images, and as a result it leads its market segment consisting of new, unstructured, public and real-time data, where it benefits from high technological barriers to entry.

Nicolas Faller, Co-CEO, Asset Management, UBP, said: “Specific expertise and technology are key to structuring and extracting value from alternative data sources. This is why UBP has signed an exclusive partnership with QuantCube; its unique mix of FinTech, data science and investment experience will allow us to develop innovative solutions for investors.”

Thanh-Long Huynh, Founder and CEO, QuantCube Technology, said: “This is a one-of-a-kind collaboration that combines financial expertise, leading-edge research in AI and big-data skills to create value for investors and bring huge differentiation. We are delighted to set up this innovative partnership with UBP, aiming to provide an additional layer of sophistication for its clients.”