Quantit Investment Advisory officially launched ‘Olly,’ a robo-advisor for asset management. Olly analyzes news articles and social media information with the ‘news natural language processing-based early risk warning system’ to help investors.
Olly provides a global asset allocation strategy that diversifies investments in various asset classes worldwide. It has three systems, “Eight,” “Six,” and “Four,” in order of highest risk asset ratio, and customers can choose their global asset allocation investments by selecting an investment strategy. This model is based on the FINTER platform, Quantitt’s unique asset management system.
In general, the rebalancing cycle of the existing asset management robo-advisor service is done yearly or quarterly, so it is difficult to respond quickly in an unstable market. But Olly has a differentiating point: stable investment is possible even in a market with high volatility by detecting and reflecting market crises more quickly through daily rebalancing.
Olly was selected as an innovative technology by the Ministry of Science and ICT in July to reflect people’s investment psychology; increasing risk detection accuracy and investing lowered the market’s volatility. Quantit’s FINTER platform is a self-developed asset management solution based on extensive data analysis and artificial intelligence technology. It collects various big financial data to create a portfolio strategy that can increase the rate of return against risk and performs customized rebalancing for each account based on its developed order execution algorithm. All of these processes are characterized by being automatically operated within the FINTER platform without human intervention.
In addition, Olly provides asset management services tailored to each customer’s propensity and situation and intuitively and transparently shows the investment details and process of how the customer’s assets are being managed through the app. An official from Quantit Investment Advisory said, “Although the asset market volatility is greater than ever, Olly is relatively well defended against the downside. As the need for asset management is expected to rise further, we will continue to develop our services so that customers can invest easily and safely.”
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