Eugene Investment & Securities announced on the 8th that it has signed a contract with Quantech, a company specializing in artificial intelligence (AI) automated investment, to build a 'private banker (PB) platform.' The two companies have begun developing the system with a goal of launching it in the first quarter of this year.
The PB platform is an asset management service that combines Eugene Investment & Securities' customer management know-how with Quantech's robo-advisor AI technology known as Q-Engine. When a Eugene Investment & Securities PB analyzes a client's investment preferences and assets and recommends a discretionary contract using the 'PB platform,' Quantech will operate by creating a customized portfolio for the client and providing financial assets management services through that platform.
A representative from Eugene Investment & Securities noted, “We plan to continuously strive to increase customer satisfaction, including expanding services to pension accounts after launching the PB platform.”