The company said AlphaTrAI is a AI-based automated trading platform that combines explainable AI techniques with multiple trading strategies.
AI venture fund Analytics Ventures has added a new AI-based trading platform to its venture portfolio. AlphaTrAI is an automated platform that combines the latest explainable AI techniques with multiple trading strategies. The company says its three-year backtesting results have shown it outperforms the S&P 500 and they are now moving to live real-time trading.
“AlphaTrAI consistently outperformed top hedge funds during backtesting due to the proprietary end-to-end trading algorithms which provide superior event detection, price prediction, stock selection, and trade execution,” stated Navid Alipour, managing partner at Analytics Ventures.
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AlphaTrAI was built by a team of AI scientists with backgrounds in financial markets, signal processing, and computational physics. Concepts from quantum physics are part of the platform’s approach, with has multiple trading strategies integrated into it, and additional ones are added after rigorous testing. It provides projections and insights on price, behavior, and trends, and with algorithms that are designed for constant market adjustments. The platform has an end to end design that can convert AI models to successful trades and provides real-time tracking and dashboarding.
“I’ve been incredibly impressed with the unmatched bench strength of AI talent working behind the scenes to develop AlphaTrAI,” noted Bill Dwyer, former president of LPL Financial. “The results achieved during the validation phase, which include a 24 percent increase in fund value versus Standard & Poors fund growth of 1.79 percent over the same period, speak for themselves.”
“I have been in the investment management business for 35 years and have consistently maintained a cynical view of black-box quantitative trading systems,” said Michael Rosen, CEO Context Capital Management. “The Analytics Ventures trading platform, AlphaTrAI, however, is the first I have been exposed to that seems to use AI to the fullest.”