Startup Beat

Despite the explosion of artificial intelligence across a number of industries, one area where AI has yet to be fully embraced is with asset management firms. 

The data science platform Auquan is looking to change that. Though just 30 percent of investment management firms have adopted the use of AI, according to BCG, Auquan is helping hedge funds by showing them how data science and machine learning can create better opportunities for their portfolios.

The London-based startup promotes the use of quantitative funds, or those that base investment decisions off of computer-driven data, to co-exist with the traditional method of discretionary asset management. Auquan partners with those discretionary firms and takes insights drawn from data to help better guide their investment decisions through the use of predictive models. 

Chandini Jain, the CEO and founder of Auquan, spoke at the Neudata Summit in September on how AI helps investment managers

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