Robo-Advisor Techfin Quantech Develops Algorithmic Investment Strategy to Propose Asset Allocation Ratios
Preparing to Offer Discretionary Investment Services through Subsidiary Quantech Investment Advisory
[Asia Economy Reporter Hyungsoo Park] Quantac, a robo-advisor Techfin company, is leading efforts to lower the barriers to asset management services that were once considered exclusive to high-net-worth individuals.
Quantac has developed 'IRA' and the asset management platform 'MONEYPOT' by leveraging top-tier algorithm development capabilities to help financial experts create customized investment portfolios for each client. Additionally, they have launched an unmanned store solution kiosk service that allows users to access IRA and MONEYPOT.
Lee Sang-geun, CEO of Quantac, recently stated in an interview with Asia Economy, “We will provide intuitive and differentiated investment strategies and asset management products and services from the consumer’s perspective.”
Quantac develops algorithmic investment strategies that exclude the subjective judgment of fund managers, aiming for long-term investments based on rules that eliminate emotions such as fear and greed. Minimizing human resource involvement reduces fund management fees. Even with the same rate of return, the actual profit that financial consumers receive is greater. Quantac aims for returns exceeding those of index investment products tracking indices like KOSPI 200 and S&P 500. During downturns in index investment products, Quantac periodically adjusts asset allocations to reduce losses.
CEO Lee said, “By utilizing the IRA (Interactive Robo-Advisor) platform, personal financial advisors (PBs) can communicate with clients and design customized asset allocation portfolios,” adding, “It can recommend algorithmic investment products and accelerate client asset distribution.” He also noted, “Each financial consumer has different target returns and investment periods. Traditional fund management methods cannot satisfy the diverse demands of financial consumers.”
Watching CEO Lee demonstrate IRA, it took only a few clicks for IRA to suggest the asset allocation ratios desired by the financial consumer.
CEO Lee introduced, “You simply select the investment products you want to invest in worldwide using IRA. The selected investment products are allocated to optimal investment ratios through Quantac’s algorithm, and it also shows the historical and current returns of the products you want to invest in.”
He emphasized, “You can remove some investment products or add new ones from the portfolio suggested by IRA. After constructing the portfolio, it automatically rebalances the allocation according to preset rebalancing cycles, timing, and risk settings.”
As a result of considering solutions needed from the financial consumer’s perspective, MONEYPOT was also developed. CEO Lee said, “MONEYPOT is a system equipped with Quantac’s algorithm that sells investment products and allows simultaneous non-face-to-face account opening and product ordering.”
He added, “Fractional trading service is also possible. Since Amazon stock priced over $1,900 can be split into 1/100 shares for ordering, small investors can also invest.”
Quantac is preparing to offer discretionary investment services through its subsidiary Quantac Investment Advisory. Collaborating with banks, securities firms, asset management companies, and investment advisory firms, it will present various investment portfolios that can achieve stable returns for clients.
Quantac provides asset management services equipped with quant analysis-based algorithms. Through the asset management platform MONEYPOT, scheduled for release at the end of this month, it will offer overseas fractional shares purchasable with small amounts, portfolio investment, and advisory services.
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