After 3 years of applying our Automatic Reserve Management AI on live accounts the X8 project is happy to announce the establishment of an institutional partnership with New Zealand based institution REF Markets, a subsidiary of River East Financial Limited (REF). This news is the result of positive steps made by the project to expand its asset management business presence worldwide.
AUTOMATIC RESERVE MANAGEMENT AI
REF, through REF Markets, has been one of the first professional investors that adopted our ARM AI. By applying our sophisticated technology to asset management REF Markets allowed the project to generate a live track record and demonstrate the qualities of the AI during stressful market events such as the one after the Brexit vote.
The system has been running successfully for a period of 3 years and has proven its quality to keep the performance very stable and risks under control during the entire time. The institutional partnership comes as a result of solid track record and focuses on taking the business cooperation to a higher level.
RIVER EAST FINANCIAL LIMITED THROUGH REF MARKETS, TO FACILITATE X8CURRENCY
REF Markets plans to enable trading of X8currency (X8C), which is the only Shariah compliant value preservation stable digital currency in the world created by Swiss based FinTech Company, X8 AG. The same ARM AI trading technology drives X8currency. With River East’s expansion into the cryptocurrency market place and the additional offerings to its large number of clients, both companies now look to develop further mutual synergies in the segment.
IONECTAR FINTECH PLATFORM
The partnership is taking a 360-view approach and aims to continue developing the overall business advantages in the long-term. REF Markets offers the ioNectar professional portfolio risk management platform targeting professional asset managers. The fintech platform is both the answer to the needs of conservative audiences, as well as of the ones of modern dynamic investors.
As the developer of the ioNectar trading platform, X8 AG is able to further position itself in the market and expand its world-wide connectivity through this partnership. Through the positive feedback of REF Markets founded on long-term live trading history, the project is also proving that its professional portfolio risk management technology provides an extremely valuable service to the institutional financial environment.
DISCLAIMER: The information in this new letter is for information purposes only. It does not constitute an offer to sell or a solicitation of an offer to purchase securities in any country or to any person to whom it is unlawful to make such offer or solicitation and it does not constitute an offer to sell or a solicitation to any member of the general public.