Leadership

QZ Asset Management Leverages AI Technology to Revolutionize Investment Services

By Business OutstandersPUBLISHED: April 4, 15:38
Blake Yeung, CEO of QZ Asset Management

QZ Asset Management has effectively leveraged the benefits of Big Data and Artificial Intelligence (AI) to achieve its business objectives. The growth in asset and wealth management is fueled by increasing wealth among high-net-worth individuals and a growing trend toward defined contribution retirement savings plans. This sector involves crafting and executing investment strategies, managing investments, and reporting performance to clients.

Given the complexity of managing assets, asset management firms such as QZ play a pivotal role in managing investment portfolios for both individuals and institutions. These portfolios encompass various assets such as stocks, bonds, mutual funds, and exchange-traded funds. QZ Asset Management stands out as a global leader in providing investment services across traditional and alternative asset classes, serving diverse clients for over a decade.

Blake Yeung, CEO of QZ Asset Management, discussed the company's journey with the CEOViews team. The inspiration behind QZ's success lies in recognizing AI's capabilities, as demonstrated in victories such as Deep Blue and AlphaGo. AI's ability to process vast data, recognize patterns, and offer optimal solutions intrigued QZ management. This led to the development of dedicated AI technology, known as BDAI, to revolutionize traditional investment services onto a FinTech platform.

QZ Asset Management's vision was to build a comprehensive database and cutting-edge algorithms to enhance investment decision-making. Their BDAI technology received acclaim at FinTech summits worldwide prior to the COVID-19 pandemic. Maintaining a consistent track record of delivering outstanding results, QZ focuses on deploying BDAI across various asset classes and disciplines.

The adoption of technology, particularly BDAI, has propelled QZ's market momentum. Their success is attributed to a cohesive team of experts including algorithm specialists, mathematicians, and financial professionals. QZ's AI-driven approach ensures efficiency, scalability, and low management fees, setting them apart in the industry.

QZ's unique capabilities lie in their ability to forge trust, harness technology, and deliver personalized customer experiences. They prioritize growing their database to optimize algorithms, which has proven successful in markets like A-shares in China and the S&P 500.

Looking ahead, QZ anticipates continued growth in app-based investment services, particularly in emerging markets. They recognize the potential of personalized intelligent services like QZ BDAI to cater to evolving customer needs and preferences.

Despite facing skepticism and challenges, QZ Asset Management has demonstrated resilience and adaptability. The integration of technology has enabled them to navigate uncertainties and deliver exceptional results even during challenging times.

Technology, particularly AI, is reshaping the financial services landscape, and QZ Asset Management is at the forefront of this transformation, delivering innovative solutions and driving superior performance for its clients.​

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