Contest Details
Contest
Maker in China SME Innovation and Entrepreneurship Global Contest
contest-year
2021
Award
Top 10
Product

AQUMON

Company Details
Intake Month
2
Intake Year
2019
Address

19/F Cambridge House, Taikoo Place, 979 Kings Road, Quarry Bay, Hong Kong

Region Of Origin Founder
Hong Kong
Website
Cyberport Community Status
Graduates of CCMF/ CIP
Business Details
Technology Sector
FINTECH
Nature Of Business
Tech Entrepreneurs, Startups
Business Updates
Target Customer groups
Finance And Insurance

AQUMON is a leading player in Hong Kong’s robo-advisory space, which was developed and maintained by Magnum Research Limited. We strive to democratize finance via the combination of automated algorithms and scalable technology platform. AQUMON uses both traditional financial engineering techniques and leading AI techniques, to provide wealth management services to those who have been previously neglected.

AQUMON is an independent digital wealth management solution provider, aiming to make sophisticated investment advice accessible and cost-effective to both institutional and retail clients. Incubated and funded by the Hong Kong University of Science and Technology, AQUMON’s investors also include Alibaba Entrepreneurs Fund and Bank of China International.

Since our inception in 2015, AQUMON has partnered with more than 60 financial institutions in Hong Kong, Mainland China and overseas, ranging from banks, securities houses and asset managers. Some notable cases include Hong Kong’s first Robo Advisory Platform at commercial bank level with CMB Wing Lung Bank, AI China Equity Fund with China Asset Management Company, All-Weather Global Opportunities Fund with Bank of China (Hong Kong) Asset Management, and one of Mainland’s premier Robo Advisors with China Resources Bank. Our extensive track record reflects our experiences in working with some of the most sophisticated institutions as well as the industry’s recognition of our algorithm and IT capacities. Despite having an expanded product line that encompasses several alpha-seeking and asset allocation algorithms across different asset classes, AQUMON remains true to its mission:

Make sophisticated investment advice available to more, via the fusion of scalable technology platform and automatic investment algorithms.  

AQUMON’s parent company Magnum Research Limited is licensed with Type 1, 4 & 9 under the Securities and Futures Commission of Hong Kong. We have accumulated abundant experiences in meeting regulatory requirements through our partnerships with institutional clients. In 2017, AQUMON is the first independent Robo Advisor to be accredited by the SFC. In 2019, our partnership with CMB Wing Lung Bank passed the reviewing process by HKMA. 

Business Lines

AQUMON operates in three business lines, and Robo Advisory contributes to around 75% of revenue in the past 3 years:

  • The direct offering of robo-advisory products to retail investors in Hong Kong and Mainland China.
  • AI investment solution: AQUMON offers a wide variety of absolute return investment algorithm. One of the most notable is the AI China Alpha Strategy with ChinaAMC. AQUMON also partners with Bank of China Asset Management (HK), in the management of its All-weather opportunities fund.
  • Robo-advisory solution provider: AQUMON offers white-label solutions to financial institutions in Mainland and Hong Kong.

Regulatory Compliance

AQUMON is licensed cooperation under the SFC. We have extensive experiences in operating independent Robo Advisory services legally and providing solutions to financial institutions. Our experiences in providing regulators with a clear understanding of Robo Advisors and in complying with relevant regulations are unrivaled in the industry.

 



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