Challenge
Versaquant builds cutting-edge AI tools to empower investment with more versatility, transparency, and agility. They needed a team to assist with execution of the new platform, driven with machine learning and artificial intelligence.
Solution
Krasan Consulting partnered with Versaquant to build AlphaIQ. The framework was built to empower their users with institutional grade tools in portfolio analysis, risk analysis, feature engineering, live execution, and validation. Portfolios can be constructed within minutes and can be evaluated, and custom designed for an end user.
Krasan Consulting technologists worked to build the platform and the AI models which are customized to an investor/investment type and which align with the investment objectives. The technology components used include AWS, Python, Matlab and MathWorks.
Outcome
The framework is currently being used internally to design portfolios to be consumed in the retail wealth management space. The framework allows many of Veraquant customers to utilize this advanced platform to invest with smart algorithms in the same way large institutional investors can.
