#Hong Kong #Fintica AI #Legend Arb

Fintica AI and Legend Arb Announce Strategic Partnership

In a notable development in the financial technology landscape, Fintica AI Ltd, a frontrunner in cutting-edge AI solutions aimed at capital markets, has forged a strategic alliance with Legend Arb Trading Limited. This Hong Kong-based proprietary trading firm is recognized for its operations across significant financial hubs including Shanghai, Taiwan, and Singapore.

Collaboration and Strategic Investment

The essence of this collaboration is highlighted by Legend Arb's strategic investment in Fintica AI, a move that aims to fortify the existing partnership between the two enterprises. This strategic investment is anticipated to enhance Legend Arb's quantitative trading prowess by leveraging Fintica AI's unique unsupervised artificial intelligence technology. Furthermore, the partnership is set to introduce pioneering products and solutions to the market.

Through this partnership, Fintica AI will also work on expanding its footprint within the Hong Kong and Greater China market, indicating a mutual intention of growth and innovation.

Leadership Insights

Kace Lam, the Chief Executive Officer of Legend Arb, expressed enthusiasm about the collaboration, stating, "Legend Arb is excited to collaborate with Fintica AI and its world-class AI technology team, known for pioneering advancements in quantitative modeling for financial markets. By combining Fintica AI's deep academic and R&D expertise with our robust trading experience, we are poised to unlock significant value and drive innovation in quantitative trading strategies."

Philippe Metoudi, the CEO of Fintica AI, commented on the partnership's significance, suggesting, "This partnership with Legend Arb represents a significant step forward in our mission to revolutionize the financial markets with advanced AI solutions. By joining forces, we can harness our respective strengths, explore the untapped potential of Hong Kong and Greater China's financial sector, and deliver transformative innovations that shape the future of quantitative investment."

About Fintica AI

Fintica AI is recognized as a leading fintech company that specializes in advanced AI solutions for capital markets. Their flagship product, Spectrum MRI, is instrumental in providing sophisticated tools to identify market regimes across various asset classes, including equities, fixed income, and commodities. By leveraging predictive analytics and robust risk-management capabilities, Fintica AI empowers investment managers, quantitative analysts, and strategic allocation teams with state-of-the-art decision support tools. With its headquarters in Tel Aviv, Fintica AI maintains a strong presence in major financial hubs globally, reinforcing its reputation for innovation within the financial sector.

About Legend Arb

Legend Arb, headquartered in Hong Kong, is a proprietary trading firm that has established a global presence in key financial centers such as Shanghai, Taiwan, and Singapore. The firm specializes in the pricing of Chinese-related products, equity index futures, and commodities futures, while also serving as a committed market maker to enhance liquidity for both the Hong Kong Exchanges and Clearing Limited (HKEX) and the Singapore Exchange (SGX).

Conclusion

The partnership between Fintica AI and Legend Arb signifies a promising future for both firms as they unite their strengths to navigate the complexities of quantitative trading in financial markets. This collaboration is expected to foster innovation, expand market accessibility, and enhance investment strategies in the rapidly evolving financial technology landscape.