ACCESS Newswire
10 Sep 2019, 15:35 GMT+10
RISE's AI Platform will Industrialize the Large Amount of Work that Financial Analysts Typically Do
GRÜNWALD, GERMANY / ACCESSWIRE / September 10, 2019 / Stefan Tittel, the Founder of RISE Wealth Technologies, is pleased to announce that his company is successfully using artificial intelligence (AI) in a way that will revolutionize the asset management industry.
To learn more about RISE, please visit https://www.rise.eco/.
As Tittel noted, with the help of just a few people, RISE has developed their AI platform for "industrializing" the intensive work that financial analysts typically handle. This includes researching trading ideas for the financial markets, as well as testing, validating and implementing the ideas. In addition, RISE's patent-pending AI platform will also have a positive impact on the development of trading strategies.
Now, thanks to RISE's innovative work, a "machine" could handle all of this.
"After millions and countless of hours spent in researching and developing, RISE started with our first pilot client in 2014," Tittel said.
After having fully sold his previous venture, Masterpayment AG, in 2017, Tittel started to fully focus on RISE and scale the team from a very small group to over twenty.
Tittel said he is proud of the way RISE is changing the way funds, investors and asset managers invest. As he noted, the flood of data is continuously increasing, and so the timing is ideal to shift more to AI technology. As he noted, the halftime life of "traditional" trading strategies is increasing.
"At RISE, we strongly believe that the largest asset manager of the future will be a tech company," he said.
About RISE Wealth Technologies:
RISE is a FinTech company that is developing patent-pending AI / ML trading systems that have outperformed global markets since 2016. RISE was founded in 2012 and has come a long way since. They have recruited an all-star team of traders, quants, developers and mathematicians and invested over $11 million to build a set of self-learning, continuously improving trading systems utilizing artificial intelligence and machine learning that will change the way how funds and investors trade. Their technology has been filed for patent. RISE is the future of asset management and the next big thing in an $80 trillion industry, which is 4.5 times the size of the US GDP. For more information, please visit https://www.rise.eco/.
RISE Wealth Technologies GmbH
Luise -Ullrich-Str. 4,
82031 Grunwald, Germany
Contact:
Benedict Frauen - Senior Program Manager & Authorized Director
Tel: +49 89 255 421 92
Mobil: +49 176 810 522 47
SOURCE: RISE Wealth Technologies GmbH
Get a daily dose of Boston Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Boston Star.
More InformationNEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
(Photo credit: Rafael Suanes-Imagn Images) Trevor Story and Ceddanne Rafaela each homered to help the visiting Boston Red Sox complete...
(Photo credit: Rafael Suanes-Imagn Images) Trevor Story and Ceddanne Rafaela each homered to help the visiting Boston Red Sox complete...
(Photo credit: Bruce Kluckhohn-Imagn Images) The Washington Wizards completed a three-team trade on Sunday, acquiring guard CJ McCollum,...
(Photo credit: Jayne Kamin-Oncea-Imagn Images) League rebounding leader Angel Reese of the Chicago Sky and assists leader Alyssa...
(Photo credit: Gary A. Vasquez-Imagn Images) The visiting Boston Red Sox will look for more of the same from their offense Sunday...