Summary

2RSquared has developed a digital no-code AI assisted cloud-based front office SaaS solution ('LAB') targeting all professionals who are involved with developing, selling and managing investment products (e.g., the CIO office, discretionary portfolio managers, analysts, ESG teams, relationship managers, product specialists and index consumers etc.) at asset and wealth managers.

LAB can help an asset- / wealth manager to drive higher margins in its core business by empowering its personnel through LAB to adopt data driven digital approaches, and to generate new revenue growth through product differentiation.

Description of fintech solution

LAB is like an AI assisted specialist Tableau but

1. designed to empower every day personnel at the asset- / wealth manager to solve a range of investment problems which they currently cannot solve themselves without referring back to specialists, e.g. :
   
• ETFs / Self & Direct Indexing: Integrated data, research and production, substantially reducing time to market.
  
• Alpha Innovation: Exponentially scale capability for portfolio manager / analyst to test 3rd party data sets for alpha generative qualities.
  
• ESG Integration: Digitally connect ESG and portfolio management teams. Formalise ESG investment decision workflows and establish auditability.
  
• Strategic- / Multi Asset Allocation: Strategic asset allocation management and hypothesis testing, and customisation at the individual level.
  
• New product differentiation


2. because it is digital, to operate with new models of co-operation; both internally and with external clients, for example integrating client engagement and product development:
   
   • Enable the product specialist (institutional) or relationship manager (retail) to digitally bring the client in to the investment design journey, and
     
   • Pre-/ post investment, enable the client to digitally analyse the investment independently in a flexible and interactive way.

Describe your key innovations

We have cut an enormous amount of complexity, friction and time to delivery from the front office technology stack, enabling a model for future profitability centred around digital customisation, enabling the industry to move from fund centric to customer centric.

Our technology rests on integrating three pillars:

1. Asset management core: Integrated data management and best practice financial techniques.
   
2. Distributed Calculation Engine: Proprietary, cloud native, dynamic scaling, graph based across all data manipulations resulting in unprecedented speed and interactivity.
   
3. Intuitive User Interface: Complex financial concepts are made easy through a no-code drag and drop visual system that does not limit flexibility and is AI assisted.

Solution Lifecycle

Commercialized

Founder's Background

Rajesh Amin: Head of Investment Management & Lead Portfolio Manager Brevan Howard Liquid Portfolio Strategies. Head of Investment Management Decura IM LLP. Global Head of Fund Derivatives and Co-Head Global Structured Credit Trading Goldman Sachs.

Razvan Moisa: Lead Technologist SIG Brevan Howard. Front office technology J.P. Morgan

Founded (Years of Incorporation)

2018

How are you funded today?

Series A

Money Raised

$5 million

Number of employees

12

Presence In Region

Europe

Technology

Artificial Intelligence
Cloud solutions
Data automation
ESG
Wealthtech

HQ Country

United Kingdom

What are the top 3 key benefits your solution will bring to the Asset Management Industry?

1. Digitise many of the processes in developing and managing investment products, enhancing collaboration across the firm, improving margins.
   
2. Enable the move to the next generation of client service model, proving a better customer experience and bespoke solution, generating new revenue.
   
3. Become relevant to the younger generation that want more involvement or say in how their money is managed, whether for ESG or other reasons.

Tell us more about your past client engagements to date and your market penetration?

In addition to our pre-loaded and generally available data sets, we have brought on a number of premium data vendor clients on to LAB and we will continue to increase this stable, both in terms of ESG data and other forms of premium data.
On the other side, our focus has been on providing custom or self indexing solutions to investment banks and through those investment bank's client portals, to their clients.

As the asset & wealth management space has increased it's requirements for clients tooling and digital personalisation, we are now engaging with the industry to provide these services.

Do you have any case studies of your solution? If yes, please share it in less than 200 words

A top 5 global investment bank, a leader in the field of equity delta one and QIS indices, has decided to try our technology rather than build in-house. The key features we provide are digital interactivity with the client, speed of results, built-in visualisations and a friendly user interface, with all the relevant data and financial techniques in place. Asset manager and wealth manager clients of the investment bank should be able to self structure dynamic indices which are the payoff of new issue structured notes in one seamless STP process. There is further significant traction for this use case.