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Turing Technology Associates

Turing Technology Associates


Turing Technology Associates' financial review

Employees

6

Total Funding

4.9M

Last Funding Round

4.9M


Turing Technology Associates information

Turing is a financial technology firm powered by artificial intelligence (AI) and advanced Machine Learning processes, focused on the intersection of asset management and technology innovation. Our goal is to fundamentally transform how actively managed investment strategies and insights are evaluated and delivered to investors.Turing is not an investment management or advice firm. It is a "fintec...
Turing is a financial technology firm powered by artificial intelligence (AI) and advanced Machine Learning processes, focused on the intersection of asset management and technology innovation. Our goal is to fundamentally transform how actively managed investment strategies and insights are evaluated and delivered to investors.Turing is not an investment management or advice firm. It is a "fintech" company that licenses its technology and intellectual property to investment management, insurance, brokerage, and RIA/wealth firms to allow them to evaluate, create and deliver superior investment solutions.A principal component of Turing's industry changing technologies includes its Hercules.ai™, a first-of-its-kind technology that accurately replicates the security holdings and portfolio weights of public mutual funds on a real-time basis.Turing has proven through independent analysis that the Hercules.ai fund replication accuracy is an order of magnitude improvement over any other replication technology in the industry, with an average correlation between the funds' NAVs and the Hercules.ai replicated versions of 99.4%.The ability to see inside, on a real-time basis, virtually every actively managed US equity fund (without the typical 60-90 day lag) provides clients unique diagnostic insights into skill vs. luck, as well as provides a nearly unmatched information advantage for the creation of new investment solutions. Turing is deploying this technology to reshape active investment management on multiple fronts.Turing's primary applications include:Stock Picker's Scorecard: first-of-its-kind, real time measurement of the size and impact of active manager's primary alpha source - their highest conviction stock positions;Ensemble Active Management ("EAM"): a transformative approach to active investment management;Annuity Hedging: allowing identification, measurement, and hedging of stock-specific basis risk outside of insurance firms' beta-centric hedging.

Turing Technology Associates industries

Financial services

Turing Technology Associates' financial review

Employees

6

Total Funding

4.9M

Last Funding Round

4.9M

Technologies

Domain Name Services
Email Providers
Tag Management
Load Balancers

Employees

President
Managing Director, Investments
Managing Director
Co-Chairman and Board Member

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