The French bank has partnered with QuantumStreet AI and XP to offer structured notes on the new index, which aims to capture market trends through millions of data points.
BNP Paribas (BNPP) has today (8 July) unveiled a proprietary artificial intelligence (AI)-powered index based on its BNP Paribas Cross Asset Trend Index in Brazil with global plans. The BNP Paribas Cross Asset Trend and AI Index ( BNPXTRAI) aims to ‘combine traditional trend-based investing techniques with the AI-powered approach of trend-following signals’ powered by QuantumStreet AI, a partner fintech of IBM with over US$5 billion assets directly invested in its AI driv
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