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QZ Asset Management’s BDAI technology soon to launch in Africa

By APO Group
01 November 2022   |   5:59 am
QZ Asset Management has announced that it will soon launch its Big Data-Artificial Intelligence (BDAI) technology in African countries such as South Africa, Nigeria and Ghana, a development that promises to benefit African financial markets. QZ is a global leader in AI-powered investments, with more than 10 years of proven record in investment excellence, with…

QZ Asset Management says it will soon launch its Big Data-Artificial Intelligence (BDAI) technology in South Africa, Nigeria, and Ghana.

QZ Asset Management has announced that it will soon launch its Big Data-Artificial Intelligence (BDAI) technology in African countries such as South Africa, Nigeria and Ghana, a development that promises to benefit African financial markets. QZ is a global leader in AI-powered investments, with more than 10 years of proven record in investment excellence, with its proprietary BDAI technology driving the company’s investment strategies.

The Chinese Asset Management firm is looking to establish its presence in the African regions, with QZ stating its intention to become a ‘global power’ in the financial markets. The first step is to establish its command center in the region. QZ plans to set up regional offices in Africa, with Lagos, Johannesburg and Accra named as possible cities to build regional headquarters. This represents an important cog in the company’s strategy, underpinning their increasing capabilities to support their customers in any region they operate.

As a result of their recent drive to expand globally, QZ has been invited to major Fintech events worldwide. Beginning the first quarter of 2023, the Chinese firm has lined up appearances at various major fintech events worldwide for the first time since its COVID-19 enforced hiatus from large scale international events.

These conferences bring together key industry leaders, experts, professionals and investors all around the world, dedicated to advancing FinTech and financial inclusion worldwide. In these events, professionals and experts in their field will share their insights and financial knowledge that will benefit investors and consumers.

“Financial technology is constantly evolving around the world, enabling more of the world’s unbanked population to access financial services. QZ is committed to advancing financial inclusion and share our research and technology to the masses around the world, no matter where they are from,” said Blake Yeung, Chief Executive Officer of QZ Asset Management.

QZ plans to showcase the BDAI technology which drives the company’s successful investment strategies and will cover a broad range of topics including the flexibility and dynamism of AI technology in investments, real-time news & market sentiment analysis, application of BDAI analytics as well as advanced risk management strategies, among others.

BDAI’s success is the outcome of years of dedicated research and development in Artificial Intelligence and its application in investment technology. The technology has been very effective in a broad range of asset classes, including equities, indices, derivatives and currency.

Before COVID-19 struck and international travel restrictions were imposed, Blake had been a keynote speaker at multiple prestigious events across the Asia Pacific, including the 4th Shanghai Financial Technology Innovation Forum, 8th China (Guangzhou) International Financial Exchange Expo (Golden Fair), and AI Expo Korea in 2019.

QZ has the following events lined up in 2023:

Fintech Festival Thailand 2023 – February 23-25 (Bangkok, Thailand)

Fintech India Expo 2023 – March 27-29 (New Delhi, India)

Money20/20 Europe – June 6-8 (Amsterdam, Netherlands)

FinTech Summit Africa 2023 – June 21-22 (Johannesburg, South Africa)

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