BNP Paribas and QuantumStreet AI Launch AI and Cross Asset Trend Index in Brazil: An Innovative Step Towards Future Investments

New York, INTI – BNP Paribas, one of the leading global banks in Europe, along with QuantumStreet AI, a global leader in AI-powered investment solutions, today announced the launch of the BNP Paribas Cross Asset Trend and AI Index in Brazil, with plans for global expansion. This launch marks a significant milestone in the investment world, combining traditional trend-based investment techniques with AI-driven signal approaches designed by QuantumStreet AI.

Combining Trends and AI in Investment

The BNP Paribas Cross Asset Trend and AI Index is designed to merge traditional trend analysis with AI-driven signal approaches, capable of identifying signals often missed in manual analysis processes. This index leverages historical data and forward-looking indicators to optimize global asset allocation, covering equities, fixed income, and commodities across various regions such as the US, Europe, and Japan. QuantumStreet AI uses IBM WatsonX as the foundation for its generative AI platform, enhancing the analysis with advanced technology that provides deep and accurate insights.

Adil El Batji, Head of Global Equities, Americas at BNP Paribas, emphasized the importance of innovation in investment strategies. "BNP Paribas' collaboration with QuantumStreet AI underscores our commitment to continuously drive innovation and explore new avenues in enhancing investment strategies. This index offers a comprehensive view of cross-asset market trends, allowing investors to access broader and potentially more lucrative market opportunities."

Global Utilization and Distribution in Brazil

The BNP Paribas Cross Asset Trend and AI Index will be used as the foundation for global structured products available to BNP Paribas clients, offering unique perspectives and new ways to access market trends. In Brazil, XP, a leading technology-based financial products and services provider, will offer this index on its platform, providing investors with diversified financial products at the forefront of global innovation.

Victor Vallim, Head of Structured Note Distribution and Partner at XP, expressed confidence in this collaboration. "We are confident that our work with BNP Paribas and QuantumStreet AI on the launch of the BNP Paribas Cross Asset Trend and AI Index will bring tremendous innovation and capability into a single product. The low volatility of the index creates optimal conditions for access through XP Structured Notes, which can provide high minimum returns or increased leverage over a defined period."

AI-Based Approach to Modern Investment

QuantumStreet AI, through the use of IBM WatsonX, developed a robust generative AI platform to support innovative analysis and investment strategies. Chris Natividad and Subhra Tripathy, Principals at QuantumStreet AI, added, "We are thrilled to partner with BNP Paribas in the introduction of this new index. Identifying and leveraging consistent return sources within a systematic framework is crucial, and an AI-driven approach provides a strong foundation for that. We look forward to strengthening our relationship and serving the bank’s global client base."

Raj Datta, Vice President, ISV and AI Partnerships at IBM, also expressed enthusiasm about this collaboration. "Collaborating with QuantumStreet AI enables institutions to access AI-based investment solutions with WatsonX. Such relationships are the way forward for rapid innovation and building trustworthy AI."

Driving Innovation and Enhancing Portfolio Performance

The collaboration between BNP Paribas and QuantumStreet AI not only demonstrates the commitment of both companies to driving innovation in the financial sector but also provides cutting-edge quantitative investment solutions to clients. By leveraging data-driven insights, this collaboration aims to optimize portfolio performance and transform the global investment landscape.

The launch of the BNP Paribas Cross Asset Trend and AI Index in Brazil, with plans for global expansion, is a significant step in providing investors access to more sophisticated and technology-based investment tools and strategies. This allows investors to better understand and capitalize on emerging market trends, enabling them to make better-informed investment decisions.

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