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
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:
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?
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.