Summary
Active accelerates enterprises by building Artificial Intelligence solutions that automate intensive processes and enable more efficient and effective use of data. With a global team of 100+ researchers, analysts and business leaders with a strong track record of success across several industries, Altive has successfully partnered with financial, governmental and other organizations to streamline operations and optimize performance.
Description of fintech solution
The minimum ticket sizes and the lack of infrastructure by investment managers to carry out Know-Your-Customer (KYC) procedures in a cost-effective and timely manner have proven to be the single largest pain point for private markets to open up to individual investors. With our in-house AI and digitalised solutions in e-KYC and feeder fund set-up, we are able to tackle the market pain points and bridge the gap between the funding needs in the private market and ultimately create more avenues for private wealth demands in new opportunities.
Describe your key innovations
With our proprietary RegTech solution, Altive is able to complete the investor KYC onboarding process, which has traditionally taken weeks, in just hours. This e-KYC procedure also enables us to fragment ticket sizes into our feeder fund, thereby lowering our minimum ticket sizes to US$100,000. Moreover, our AI solution and fund operations efficiency allows us to reduce the time to set up funds, therefore increasing our ability to consistently deliver top-tier opportunities to our clients.
Founder's Background
Hardy Liu, Managing Partner, Altive
Hardy leads the company’s key strategies and the growth of the business, he also focuses on expanding the business into the retail space.
Hardy possesses over 15 years of experience in the Finance industry. Before founding Apoidea and Altive, Hardy was a fund manager specialised in the technology sector at Macquarie Asset Management. Hardy also worked at a hedge fund and one of the largest Chinese banks prior to his time in Macquarie.
How are you funded today?
Series A
Money Raised
US $10M
Number of employees
80+
Presence In Region
Asia
Technology
Artificial Intelligence
Blockchain
Natural Language Processing (NLP)
Optical character recognition (OCR)
Regtech
HQ Country
Hong Kong
What are the top 3 key benefits your solution will bring to the Asset Management Industry?
1. Bridge the funding needs in the private market
2. Create avenues for private wealth demands in alternatives
3. Reduce time and costs on KYC processes and feeder fund set-up
Do you have any case studies of your solution? If yes, please share it in less than 200 words
With our proprietary RegTech solution, we are able to offer hard-to-reach Private Market investments to individual investors with a small ticket size of US$100,000. For example, we have launched "Carlyle Secured Lending III Altive Access Fund" - one of Carlyle's flagship private credit offerings via our feeder fund structure, and qualified individual investors are able to access to these top-tier products from US$100,000, without committing a traditional minimum amount of USD10 million upwards.
Awards/Accolades
FINTECH AWARDS 2020 - Outstanding Alternative Investment Platform by etnet
