Finaureus Technologies ties up with US based Validea to launched AlphaNiti

Mumbai, April 22, 2020: Finaureus Technlogies has launched Al
phaNiti (www.alphaniti.com) – an online investment advisory platform under a joint venture partnership with US based Validea. The JV aims to progressively bring Validea’s Active Equity and ETF U.S.-centric systematic models  as well as Finaureus’s own proprietory quant based strategies to Indian investors. AlphaNiti is a unique digital platform which provides the Investors the option to invest in both the US market ( dollar denominated products) as well as Indian market ( INR products).

Finaureus is a Fintech company which has been built on the edifice of deep Investment domain expertise, Big Data and technology.  On the other hand, Validea is a research and investment advisory company incorporated in 2003, engaged in bringing their propricetory quant-based as well as fundamental strategies of globally acclaimed investors to the professional and retail investment communities via their tools, portfolios and research.

Through AlphaNiti, the Investment Advisory Division of Finaureus,  plans to introduce an extensive range of  proprietary investment strategies for all prominent asset classes, with initial focus on  Equity and Mutual Funds. These diverse range of strategies  would not only strive to render high quality investment advice by creating automated intelligent portfolio strategies

based on individual’s risk profile but also facilitate periodic & programmed rebalancing thereby endeavoring to maximize Alpha at all times. AlphaNiti offers an unique integrated technology led approach with the investor being the biggest beneficiary as he can take investments decisions from a wide range of US and Indian portfolio strategies and also carry out Risk Profiling, KYC and Execution in a seamless manner as online investment becomes mainstream.

Globally, the digital revolution has been transforming the Investment and Wealth Management landscape  led by technology and Big Data. This paradigm shift from the offline and brick & mortar models to online, low cost models will increase penetration and drive scale, achieve consistency in quality of advice and significant efficiency in delivery mechanisms.

 

Speaking on the occasion, Mr. Arindam Ghosh, Founder, Finaureus, said, “Our launch of AlphaNiti comes at a time when the Human Race is faced up with an unprecedented medical and resultant economic crisis. Through this period and beyond, we stay unwaivered, in our commitment to not only overcome this crisis but also reaffirm our unflinching commitment to  keep building high value-accretive products and solutions to enable Indian Investors across all economic strata to  build and preserve wealth through both good and challenging times”

 

Said Mr. John Reese, Managing Director, Validea, “We are delighted to associate with our Indian partner, Finaureus and its team of outstanding investment professionals and bring our investment strategies, which are built on legendary investors like Warren Buffett, Peter Lynch, Ben Graham and other demonstrable and proven approaches, progressively to Indian investors.”

 

Avers Mr. U R Bhat, Co-Founder, Finaureus, “The product AlphaNiti  is a step in the right direction and an endeavor to support the ‘Digital India’ initiatives. The investment advisory platform has a tremendous potential to serve our young and vibrant country through smarter, faster and cost efficient ways”.

 

The company has just concluded a fund raising exercise for pre series ‘A’ with Pinetree Capital, belonging to London based Nanda. S. for an undisclosed amount.  Speaking on this significant milestone,  Mr. Nanda remarked,  “Finaureus is a great alignment of vision, minds and passion to build a global Fintech organization with a deep focus on Investment and Wealth Management. It is a delight and privilege to come on board in an executive capacity and be an integral part of the team.”