A Toronto-based company developing artificially intelligent financial technology this week announced a “significant enhancement” to its flagship product.
The fintech, QuantGate Systems, is referring to Pilot Trading, which uses AI to place traders ahead of broader market sentiments.
“Our goal with Pilot Trading is to provide experienced investors the tools they need to excel in their day-to-day trading,” stated Wayne Welter, Chairman at QuantGate, in July. “We understand the level of complexity and volatility that exists in today’s markets, and our Pilot Trading app continues to offer new features and benefits we think can drive better results for our trading community.”
The most recent new feature available on Pilot is an integration with Coinbase, one of the largest cryptocurrency exchanges in North America.
Users can now trade crypto through Coinbase Exchange directly from within the Pilot Trading app, according to a statement released by QuantGate.
With $1 trillion in total market capitalization, the worldwide crypto market has expanded tremendously in recent years.
As a result, crypto trading has emerged as an exciting and dynamic category of trading analyzed by QuantGate’s Pilot, says Allan Bezanson, chief executive of the Canadian fintech.
“We are thrilled to add the Coinbase Exchange API to our unique AI-driven Pilot Trading,” he stated. “Adding Coinbase, a pioneer and leader in the crypto space, to our existing list of linked brokers and exchanges allows us to provide our unique AI insights enabling users to make informed trading decisions.”
According to Bezanson, Coinbase’s reliability couples with QuantGate’s cutting-edge AI technology to create a synergy that empowers traders to navigate the crypto markets with greater confidence and precision.
Some of that AI tech hails from external sources as the company looks to forge a product that is “unlike any other trading app available today.” Over the summer, for example, the Canadian company unveiled a collaboration with Oxford Immune Algorithmics.
Included in the partnership was not just AI tech but also bolstering of field expertise for QuantGate, whose advisory board gained Hector Zenil, a pioneer in applications of algorithmic randomness and causality.
“We are thrilled to partner with Oxford Immune Algorithmics and welcome Hector Zenil to our advisory board,” stated Bezanson in July. “This collaboration represents a significant leap forward in our journey to harness the power of AGI into our AI trading products and deliver cutting-edge fintech solutions.”
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