Singapore-based absolute return global AI fund Ensemble Capital, has gone live with Numerix’s Oneview Asset Management solution for risk and portfolio management.
Founded by former JP Morgan FX option traders Atsuo Ogaki and Damien Loh, Ensemble Capital uses machine learning and deep learning AI algorithms to analyse market data, forecast moves and trade currency and currency options in order to generate uncorrelated returns to traditional asset classes.
Ensemble’s proprietary AI models instil discipline and provide a systematic approach to markets. Combined with the expertise of human traders, the fund is able to approach global macro markets scientifically, and holistically, as explained to Profit & Loss by CIO Damien Loh here.
A SaaS based real-time front-to-middle office solution, Oneview Asset Management provides streaming real-time performance, customisable risk reporting and support for all asset classes. Fully deployed on AWS as a managed services solution with MAS security compliance, Numerix provides Ensemble with third party connectivity to their execution platforms and prime broker/fund admininstrators. Portfolio accounting and cash management operations are also supported, as well as API integration to all required market data providers and trading venues.
“While a number of macro hedge funds are starting up recently, Ensemble is unique in the sense that our investment process employs deep learning and deep reinforcement learning, a subset of AI that has demonstrated great success in other fields,” say Ogaki and Loh. “2018 was a challenging year and we managed to perform in adversity, achieving growth and positive returns uncorrelated to traditional asset classes and surpassing several benchmark indices.”