FinaMaze has received regulatory approval to unveil its AI-powered robo-asset manager for the Middle East and north African region.
It has been built in response to increased demand for personalised asset management solutions and the firm’s approach is “centred around each investor’s persona”.
The robo-asset manager offers tailor-made solutions to “navigate the financial investment maze” through Smartfolios designed according to each investor’s decision-making and attitude in both simulated and real financial situations.
The AI aims to reveal the natural financial behaviour, the risk appetite, and the goals of each investor, out of thousands of possible profiles.
‘Untapped growth potential’
Mehdi Fichtali, founder and chief executive of FinaMaze, said: “After screening several centres in the Middle East and Europe, the FinaMaze senior team, with its decades of banking and asset management experience in New York, London, Geneva and Dubai with ADIA, Morgan Stanley, The Capital Group, Barclays Capital, UBS and Citibank, opted to anchor FinaMaze and develop its proprietary systems and platform in ADGM.
“[It is] a fintech ecosystem in sync with our core values: dynamic, agile, decisively forward-looking, empowered by visionary leadership, in a region with untapped growth potential, impatient to live the future today.”
Based in Abu Dhabi Global Markets, FinaMaze is regulated by Financial Services Regulatory Authority (FSRA) and holds an extended asset management licence.