Datrix, agreement with Albemarle Asset Management for the development of financial products

Datrix agreement with Albemarle Asset Management for the development of

(Tiper Stock Exchange) – Datrixa company listed on Euronext Growth Milan and active in the development of Augmented Analytics solutions and services based on Artificial Intelligence and Machine Learning Models, has signed a partnership agreement with Albemarle Asset Management for the joint development of investment products that exploit the technologies developed by the subsidiary FinScience over the last three years.

The partnership notably foresees the launch by Albemarle Asset Management of a UCITs quantitative equity product focused on the US market and based on FinScience proprietary machine learning technologies and the future development of products of a thematic nature and with a strong ESG connotation in an advanced stage of definition.

Hugh Shepherdsformerly Datrix’s Senior Fintech Advisor, will take on the role of Principal of the FinScience investment area, reporting directly to the Group’s CEO.

“The partnership with Albemarle Asset Management is a very important step for the development of the Fintech area of ​​the Group Datrix and will allow us in the future to develop technologically advanced solutions to support investment activities thanks to a partner with proven experience in the field and with an international presence aimed at developing institutional clients”, he declared Fabrizio Milano of AragonCEO of the Datrix Group.

(Photo: Photo by Nicholas Cappello on Unsplash)

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