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December 23, 2024
PI Global Investments
Hedge Funds

Start-up uses ‘Magic’ to democratize access to AI for hedge funds


SigTech, a Software-as-a-Service platform that provides portfolio analytics services to hedge funds and asset managers, is using large language models and generative AI tools to improve firms’ data retrieval times and increase efficiency.

Bin Ren, SigTech’s founder, is the former chief investment officer at Brevan Howard Asset Management, and he originally developed the platform as an in-house system for the fund. But the hedge fund spun it out in 2019, following a playbook written by other large



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