Posts in Company Announcements
Qraft Technologies Announces Vincent Kim as Managing Director and Head of Client

 Qraft Technologies is pleased to welcome Vincent Kim as our new Managing Director and Head of Client Coverage, marking a significant addition to our leadership team. With two decades of financial services experience and a sterling track record in financial industry, Kim is poised to elevate our client relationships globally. His appointment underscores Qraft's dedication to pioneering AI-driven solutions in asset management, reinforcing our position as a market leader committed to innovation and customer satisfaction. 

 

Qraft Technologies Announces Rita Lin as Director of Business Development

We are excited to announce the appointment of Rita Lin as the new Director of Business Development. Rita brings over 15 years of experience in the financial services industry, with a significant tenure in prime brokerage at leading institutions like Citigroup and Bank of America Merrill Lynch. Her appointment marks a significant step in our journey towards integrating cutting-edge AI solutions in the investment sector.

Simon Lee Joins Qraft Technologies as the New Managing Director of Business Development in the APAC Region

We are excited to announce the new onboarding of Simon Lee, a veteran financial services executive, as its new Managing Director of Business Development in the APAC region of Qraft Technologies.

Having a strong foundation in ETFs and mutual funds, Lee accomplished a reputation as a global presenter on asset allocation strategies and led initiatives in sales campaigns in investment idea generation, product development, and marketing.

Lee’s role will involve aiding Qraft in achieving its growth objectives in the APAC region and beyond, by supporting institutional clients and investors with AI-driven solutions.

AI - Into the Future with Purpose and Value

Qraft Technologies recently participated in the "WealthTech Social" event held in Singapore and hosted by FirstRate.

During this event, esteemed speakers, including John Choi, Managing Director, and Francis Oh, APAC CEO of Qraft Technologies, delved into the significant role of artificial intelligence (AI) in enhancing the investment process and discussed effective strategies for its integration into daily business operations.

They were joined by industry leaders such as Chandrima Das, a tech founder, startup investor, and business builder, Samuel Rhee, co-founder chair and CIO at Endowus, and Jinesh Patel, a partner at Integra Partners.

To gain more insights about this event, click on the link below:

Qraft Technologies and Korea Investments & Securities Enter Strategic Partnership
 
 

Qraft is excited to announce the launch of “AI Disclosure Automated Translation” from Korea Investments & Securities, powered by Qraft's cutting-edge technology.

This innovative service utilizes business data from various disclosure sources to provide a summary of key contents, keywords, and original documents. Qraft’s AI technology leverages up-to-date data, including periodic reports and annual general meeting agenda items from global market companies.

We are thrilled to push the boundaries of innovative investment with our advanced AI technology, offering our solutions to our partner institutions in Korea.

 
 
Qraft Technologies and NH Investments & Securities Enter Strategic Partnership
 
 

We are happy to announce that NH Investments & Securities recently launched its “AI Disclosure Automated Translation” service incorporating Qraft’s technology.

The service translates business data within five minutes after disclosure, such as periodic reports and agenda items for annual general meetings from companies in the global market. In addition to translation, it provides a summary of key contents, keywords, and original documents. This cutting-edge model will allow local investors to invest overseas more conveniently by retrieving complex data in their native language.

 
 
Qraft Technologies and Hex Trust Enter Strategic Partnership
 
 

August 16, 2023 09:00 AM Eastern Daylight Time

SEOUL & HONG KONG--(BUSINESS WIRE)--Qraft Technologies, a leading invest-tech company specializing in artificial intelligence investing solutions, has formally entered into a strategic partnership with Hex Trust, the leading institutional-grade digital asset custodian licensed across global financial hubs. With the signing of the Memorandum of Understanding (“MoU”), Qraft will develop digital asset products based on its AI-driven asset allocation models for Hex Trust's clients.

“We are excited about this joint-effort with Qraft”

"We are thrilled to team with Hex Trust and combine our respective strengths to generate a groundbreaking investment solution," said Francis Oh, APAC CEO at Qraft Technologies. "This strategic collaboration represents a significant step forward in our mission to empower investors with AI-driven tools, helping them navigate the complex financial markets more efficiently and effectively."

Since 2016, Qraft has built a multi-year track record including the development and management of several ETFs. The enhanced risk management solutions specifically designed for Hex Trust are built upon Qraft’s successful cash allocation AI-powered risk model. Qraft’s AI technology will serve as a bridge between traditional asset management and digital asset management that will enable cryptocurrency investors to make data-driven and intelligent choices, optimizing their portfolios in an ever-changing financial landscape.

"We are excited about this joint-effort with Qraft," stated Alessio Quaglini, CEO & Co-founder of Hex Trust. "Their AI-powered risk models complement our vision of providing efficient access to decentralized markets unlocking ownership in decentralized markets. By combining forces, we aim to offer a new paradigm of investment opportunities to our clients’ institutional investors, promoting a more inclusive and sustainable financial ecosystem."

About Qraft

Qraft is a fintech company aiming to drive growth in the asset management industry through its innovations in artificial intelligence (AI) and investing. Qraft offers a variety of AI-powered investment solutions, including a security selection engine, asset allocation engine, robo-advisory solution and an AI order-execution system. From data processing to alpha research and portfolio execution, Qraft has an established track record in developing cutting-edge AI solutions that have been adopted by over 20 financial institutions worldwide. In 2022, Qraft received a US$146 million investment from SoftBank Group, entering into a strategic partnership to accelerate AI in the asset management industry.

About Hex Trust

Hex Trust is a fully-licensed and insured digital asset custodian. Led by veteran banking technologists and award-winning financial services experts, Hex Trust has built Hex Safe, a proprietary institutional-grade platform that delivers solutions for digital asset protocols, foundations, financial institutions, and the Web3 ecosystem. Hex Trust has offices in Hong Kong, Singapore, Vietnam, Dubai, Italy, and The Bahamas. For more information: visit hextrust.com or follow Hex Trust on LinkedIn, Twitter and Telegram.

 
 
Qraft Technologies and LG AI Research Enter Strategic Partnership
 
 

August 10, 2023 09:00 AM Eastern Daylight Time

SEOUL, South Korea--(BUSINESS WIRE)--Qraft Technologies, a leading invest-tech company developing artificial intelligence solutions, has formally entered into a strategic technology research partnership with LG AI Research, an artificial intelligence research hub of LG group, with the signing of a Memorandum of Understanding (“MoU”).

“We look forward to building a better, AI-driven future.”

Through this partnership, Qraft and LG AI Research intend to collaborate on exploring new ways to leverage both firms' unique and cutting-edge approaches to big data processing and artificial intelligence capabilities.

“Embarking on this partnership with LG AI Research is an honor for Qraft,” remarks Marcus Kim, Founder and CEO of Qraft. “LG AI Research is a leading AI research company thriving to make our lives better through advancing state-of-the-art AI technologies. LG AI Research’s mission perfectly aligns with our mission at Qraft: Transforming Investing with Artificial Intelligence. We believe the advanced technologies of Qraft and LG AI Research can have a strong impact on the investment management industry and expand the boundaries of applications in this space. Through this partnership, our shared aspiration is to deliver advanced AI solutions together,” added Marcus. “We look forward to building a better, AI-driven future.”

Kyunghoon Bae, Chief of LG AI Research, said, “LG already demonstrated its forecasting technologies on demand forecasting of a global company, and such forecasting models can be valuable tools for the corporate decision-making processes. The partnership with Qraft represents another significant stride toward its application in diverse fields including the stock market."

Qraft Technologies aims to provide investors with a competitive edge through AI-driven investment solutions leveraging cutting-edge artificial intelligence models in collaboration with LG AI Research who offers forecasting and optimization models based on data intelligence, as well as a large-scale multimodal AI model called EXAONE, and other advanced machine learning technologies.

On August 24th, LG and Qraft will hold a joint event at the New York Stock Exchange to unveil details of their partnership and collaborative efforts.

About Qraft

Qraft is a fintech company aiming to drive growth in the asset management industry through its innovations in artificial intelligence (AI) and investing. Qraft offers a variety of AI-powered investment solutions, including a security selection engine, an asset allocation engine, a robo-advisory solution, and an AI order-execution system. From data processing to alpha research and portfolio execution, Qraft has an established track record in developing cutting-edge AI solutions that have been adopted by over 20 financial institutions worldwide. In 2022, Qraft received a US$146 million investment from SoftBank Group, entering into a strategic partnership to accelerate AI in the asset management industry.

About LG AI Research

Launched in December 2020 as the artificial intelligence (AI) research hub of South Korea's LG Group, LG AI Research aims to lead the next epoch of artificial intelligence (AI) to realize a promising future by providing optimal research environments and leveraging state-of-the-art AI technologies. And LG AI Research developed its large-scale AI, EXAONE, a 300 billion parametric multimodal AI model, in 2021. EXAONE, which stands for “Expert AI for Everyone,” is a multi-modal large-scale AI model that stands out from its peers due to its ability to process both language and visual data. With one of the world’s largest learning data capacities, LG AI Research aims to engineer better business decisions through its state-of-the-art artificial intelligence technologies and its continuous effort on fundamental AI research.

 
 
Qraft Technologies and BNP Paribas Global Markets Asia Pacific sign Memorandum of Understanding (MoU)

Qraft is thrilled to announce the signing of a Memorandum of Understanding (MOU) agreement with BNP Paribas Global Markets Asia Pacific to collaborate on the development of investment solutions using Qraft's AI- powered investment platforms. We are excited about the opportunity to continue working together and pushing the boundaries of innovative investment.

Qraft Technologies Launches Al-Powered Model Capturing Stock-Level Signals Ahead of Potential FDA Drug Approvals, M&A, Earnings Surprises and More

Qraft announced the launch of its latest innovative product, mosaiQ.ai

mosaiQ.ai is an AI-powered model designed to capture patterns potentially implying corporate events by analyzing real-time tick data from the stock and options markets. These stock-level signals can occur before certain events, including M&A, earning shock, or FDA drug approval, and deliver unique innovative insights.

 

Qraft Technologies, founded in 2016, is a leading AI-powered investment solutions provider headquartered in Seoul, South Korea. Qraft’s proprietary AI engines serve 20+ financial institutions worldwide across different solutions ranging from signal subscription to customized portfolio construction. The firm currently has 1.8 billion in Assets Under AI (AUA).

Qraft Technologies Announces MOU with First Rate Inc. to Deliver -AI-Enabled Analytics and Portfolio Commentary to Wealth Managers

Qraft Technologies has signed an MOU with First Rate, a U.S headquartered, global leader in AI-powered wealth management solutions. The two parties are collaborating on the development of new solutions leveraging both firms' unique capabilities. The first project will be leveraging First Rate’s leading reporting and analytics capabilities, coupled with their Natural Language Processing (NLP) engine that can read and write an attribution analysis of a portfolio with Qraft’s AI-powered investment solutions. The two plan to integrate Qraft’s AI-powered investment signals into First Rate’s Insights as a service, bringing an innovative artificial intelligence tool to provide efficiency and empower wealth advisors and asset managers with new investment ideas.

 Qraft Technologies, founded in 2016, is a leading AI-powered investment solutions provider headquartered in Seoul, South Korea. Qraft’s proprietary AI engines serve 20+ financial institutions worldwide across different solutions ranging from signal subscription to customized portfolio construction. The firm currently has 1.8 billion in Assets Under AI (AUA).

First Rate is a leading Global wealth management solutions company headquartered in Arlington, TX, USA; that serves clients in Singapore, Hong Kong, the United Kingdom, India, and Chile. With over 30 years of experience and 2 trillion in AUM, First Rate delivers data aggregation, investment performance, reporting, and insights to financial institutions around the globe.

CPO Alan Jo selected as IU35 Korea

Qraft Technologies is proud to announce that Alan Jo, Qraft’s Chief Product Officer, has been selected for MIT Technology Review’s Innovators Under 35 in Korea.

MIT Technology Review’s IU35 recognizes the best young innovators from various industries, including biotechnology, computer, energy, nanotechnology, and artificial intelligence.

Please join us in congratulating Jo on this honor!

Qraft's Asset Allocation Model ranks #1 in Zeroin

We are pleased to announce that Qraft Technologies’ Artificial Intelligence-powered Asset Allocation Model ranks at the top of its peer group in the Zeroin fund rating’s global multi-asset allocation category.

Qraft is pleased to be providing investment solutions to our partners, and we will continue to strive for excellence. We believe this achievement reflects the gradual integration of our AI technology in portfolio management which marks an opening for new financial innovations.

Its Zeroin peer group ranking is based on Year-To-Date Return among the Global Multi Asset Allocation as of September 30, 2022. ©2022 KG ZEROIN. All Rights Reserved. Past performance is no guarantee of future results.

Qraft Technologies Launches Korean Version ‘Boom & Shock Index’

Qraft Technologies launched a Korean equities version of our popular ‘Boom & Shock Index’ with Maeil Business Newspaper. The AI-powered indicator seeks to predict risk levels in the Korean market by processing vast data sets from Korea, the U.S., and China. The index aims to assist investors by signalling an ideal allocation for cash and equities.

Qraft Releases AI Risk Indicator for US Stock Market on Benzinga

Qraft Technologies has released an AI-driven Risk Indicator on Benzinga that forecasts the short-term risk in the US stock market.  The indicator provides a number, ranging from zero to one hundred indicating the level of cash recommended for portfolio of U.S. equities and cash. The machine learning model analyzes macro data from three factors (momentum, volatility, and correlation) to derive its prediction. Through our research we have broken the cash levels into three risk levels: Risk-On, Neutral, Risk-Off, for signals between 0-15, 15-50, and 50-100, respectively. The indicator is updated every Monday to adjust to the changing market environment.

For more information, click here.

Hana Life Launches New Stock Fund that Uses Qraft’s AI Technology

Hana Life had launched a new stock fund that makes use of Qraft’s AI stock selection technology. The new stock fund will be managed by both Mirae Asset Management and UBS Hana Asset Management. Qraft had previously launched two different funds in partnership with Hana Life as part of the ‘AI ETF Variable Savings Insurance’ series, where both funds have seen noticeable increases in their AUMs since their launch last year. This new fund joins as the third fund in the product line.

 

Click on the link below to learn more:

https://bit.ly/3HkwxLi

Qraft Technologies develops a new economic index with Maeil Business

In partnership with Korea’s Maeil Business Newspaper, Qraft Technologies has created the ‘AI Boom&Shock Index’ that will seek to predict the market environment for up to a week. Launched in early May, the index has already been the subject of much media coverage, with public interest from CEOs of Korea’s major financial institutions. Powered by Qraft's AI and covering the S&P 500, the index recommends whether investors should increase or decrease their portfolio's cash allocations or remain neutral. While a few other indices exist, Qraft's index is the first to utilize AI technology.

Qraft announces partnership with Eugene Asset Management and Plain Vanilla to form OCIO fund

Qraft Technologies, Eugene Asset Management, and Plain Vanilla Investment Advisory have announced a strategic business agreement to jointly create an OCIO fund. Following this business agreement, the three companies are expected to combine expertise in AI technology, and investment solutions and analysis for a highly optimized retirement pension investment solution that Eugene Asset Management is preparing.

Qraft will provide asset allocation engines built on its proprietary deep learning algorithms, as well as consulting and management services for its AI solutions.