Problem
The Financial industry is suffering from a performance problem. More than 85% of asset managers don’t outperform the market net of fees. The majority of global asset managers are using non – systematic discretionary processes that neither contain market return variability nor maximize risk weighted returns.

Further, there is no platform to list quantitative solutions for global investors that provide validated processes which deliver market out-performance – alpha.

AlphaBlock

AlphaBlock is a General AI company that builds global automated investment management solutions and validates them through blockchain. This convergence of Fintech-AI-Blockchain is unique and potentially revolutionary for the following reasons.

General AI
General AI’s human brain building definition is narrow because understanding nature and its complexity is a bigger challenge than mapping a brain to simulate human intelligence. Our General AI process is trained to anticipate the multi period evolution of any data variable based on the data’s history.

Convergence
A cross domain General AI capability can be distributed after it has been secured and validated. AlphaBlock achieves this through an intelligent smart contract which allows for APIs to marry algorithmic process with existing fin-tech technologies.

Fintech
AlphaBlock’s Orpheus Services was MIT’s top ranked fintech in 2016 and was shortlisted by AIconics Awards as one of the world’s best AI Innovators. The company has a listed innovation on Nasdaq (Symbol: RMIVG20) which beat IBM Watson driven AIEQ in 2018. The RMI® models have consistently outperformed respective benchmarks at similar risk by a range of 3 to 5% annually and work across asset classes and styles.

Blockchain
Blockchain owing to its immutability offers a robust performance attribution for financial models and validation for any intelligent process. The asset management industry has a backward looking approach regarding performance attribution as investors seek 3 year rea market returns to validate performance which offer no guarantee for consistent performance. AlphaBlock’s Intelligent Smart Contract overcomes this challenge owing to its zero knowledge proof validation.