BNP Paribas Partners with QuantumStreet AI

BNP Paribas Partners with QuantumStreet AI

BNP Paribas, partners with QuantumStreet AI and have launched the BNP Paribas Cross Asset Trend and AI Index in Brazil, with plans for global expansion. This pioneering index integrates traditional trend-based investment strategies with advanced AI-powered analytics from QuantumStreet AI, aimed at identifying nuanced market signals across diverse asset classes.

The BNP Paribas Cross Asset Trend and AI Index utilize QuantumStreet AI’s sophisticated machine learning models, powered by IBM Watsonx, to enhance trend-following capabilities. By leveraging historical data and forward-looking indicators, the index offers institutional investors comprehensive insights into global market trends spanning equities, fixed income, and commodities across key regions such as the U.S., Europe, and Japan.

BNP Paribas Partners with QuantumStreet AI

Adil El Batji, Head of Global Equities, Americas at BNP Paribas, emphasized the collaborative effort’s innovation and significance: ” BNP Paribas’ collaboration with QuantumStreet AI highlights the bank’s commitment to fostering innovation and exploring new avenues for enhancing investment strategies. This collaboration brings together the knowledge of two industry leaders to provide clients with cutting-edge quantitative investment solutions that leverage data-driven insights to optimize portfolio performance and transform the investment landscape.”

Chris Natividad and Subhra Tripathy, Principals at QuantumStreet AI, echoed the sentiment, highlighting the index’s potential to deliver consistent returns through systematic, data-driven methodologies: ” We are thrilled to be working with BNP Paribas on the introduction of this new Index. It is ever so important to identify and harness consistent sources of return within a systematic framework, and AI-driven approaches provide a solid basis for that. We look forward to strengthening our relationship and serving the bank’s global client base..”

The BNP Paribas Cross Asset Trend and AI Index will serve as the foundation for structured products offered to clients, providing a unique avenue for accessing dynamic market trends and emerging opportunities. XP, a prominent financial platform in Brazil known for its technology-driven solutions, will feature the index, further expanding its accessibility to investors seeking innovative financial products.

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