AM Management , an AI-based quantitative solution company, announced on the 7th that it was finally selected for the 11th incubation track of ‘Shinhan Futures Lab,’ a startup incubation program hosted by Shinhan Financial Group.
Shinhan Futures Lab is a representative accelerating program that promotes Shinhan Financial Group’s digital innovation through collaboration with startups and supports the commercialization of promising companies. A total of 737 companies applied for the 11th recruitment, recording a competition rate of approximately 24 to 1, and AM Management was selected for its technological prowess and marketability in the field of innovative technology. In addition to opportunities to collaborate with Shinhan Financial Group, the selected companies can participate in follow-up programs such as investment review and support for global expansion.
AM Management is developing an AI-based quant solution that does not directly hold assets, but provides investment strategies to external parties through APIs. This solution designs various asset management strategies using algorithms learned from market data, and users can make investment decisions with stability and transparency through this.
AM Management was previously selected for the first round of Woori Financial Group's startup incubation program, 'Dino Lab B Center', in March. Through this, it is expanding its collaboration base with the financial sector and focusing on improving its B2B-centered business model and developing digital asset management solutions.
Kim Ho-joong, CEO of AM Management, said, “Collaboration with financial institutions plays an important role in verifying technological reliability and expanding real-world use cases,” and added, “We plan to continue to advance AI quant strategies and automation solutions applicable to the global digital asset market based on cooperation with various institutions in the future.”
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