10 March 2023
2RSquared has been selected as one of the most innovative FinTech companies in the asset management space by an expert panel of senior industry representatives to take part in the Engine Innovator Programme, part of the Investment Association’s (IA) FinTech accelerator and innovation hub.
The six-month accelerator programme aims to connect innovative FinTech companies with forward-looking investment managers and to spur industry transformation. The programme was established by Engine, part of the Investment Association whose 250 members manage over £10 trillion of assets.
2RSquared has developed LAB, a business intelligence technology for the investment industry, digitising and linking product development and client interaction, enabling hyper-customisation in quantamental, indexing, ESG and wealth offerings. LAB embeds investment domain knowhow in a no-code platform putting the power of data in the hands of the business user.
The business consequence on the global industry could be as profound as the shift to ETFs, that is, the investor having the ability to have a product designed to their individual needs and be part of that development journey - be it for a specific risk/return outcome, an investment theme or an ESG preference to name a few examples.
2RSquared Founder and CEO Raj Amin said: “We are thrilled to be part of the latest IA Engine cohort and to be recognised for our best-in-class technology solution helping investment managers to push the boundaries of traditional investment products by being able to offer true portfolio customisation in a scalable way for the first time. Access to the Investment Association’s expertise and networks will enable us to roll out our offering into the marketplace more effectively and accelerate our growth.”
Gillian Painter, Head of IA Engine, said: “IA Engine’s Innovator Programme identifies FinTechs who are at the forefront of innovation. We are working with the selected firms to facilitate the adoption of emerging technology across investment management, and I would like to congratulate 2RSquared on being selected by the Engine Advisory Panel to join the sixth cohort of our programme.”
2RSquared’s technology platform LAB is the first of its kind fully integrated Investment Decision System covering all the processes from sourcing data to connecting to trading systems and everything in between - including the pre-production stages of investment innovation, product development and client engagement.
Key use cases (examples):
Customised investment products or portfolios – delivered in a scalable and cost-effective way
ESG - integrate any form of ESG data into the existing portfolio management process in a flexible and auditable way
Systematic and thematic products - create fast and cost-effectively
Data testing / Quantamental - explore the value of any data series (ESG data, alpha signals, etc.) for alpha generation fast - upload and research within minutes
Self-indexing - create customised benchmark indices at much lower cost than traditional index providers
For more information, please contact:
Raj Amin, CEO – firstname.lastname@example.org
Ralf Nachtigall, Head of Sales – email@example.com
About the Investment Association (IA)
The IA champions UK investment management, supporting British savers, investors and businesses. Its 250 members manage over £10 trillion of assets and the investment management industry supports 122,000 jobs across the UK.
About the Engine
The Engine was launched by the IA in 2018 as the FinTech hub and accelerator programme for the investment management industry. Engine’s mission is to fuel the adoption of technology within investment management, for the benefit and changing needs of clients.
For more information, please contact IA press office: Press@theia.org