BBVA selects ALPIMA to scale up QIS business
ALPIMA, a SaaS platform for investment management and product design, has been chosen by BBVA for the scaling up of its Quantitative Investment Solutions (QIS) business.
ALPIMA is a B2B technology and advisory firm serving banks, asset managers and wealth managers globally. Its mission is to use the latest advances in data science and technology to help its clients build investment strategies with conviction and empower them to deliver personalisation at scale.
Offered as an enterprise version of its cloud-based service, the ALPIMA platform will be delivered on a white-label basis and configured specifically to meet BBVA’s needs and exact requirements.
Pierre Mendelsohn, ALPIMA’s CEO, says: “We are delighted to be working with BBVA to help them serve their clients in a new way. We are inspired by their focus on innovation and client-centricity and look forward to helping them grow their QIS business in the years ahead.”
Pablo Suarez, Head of QIS Business at BBVA, says: “We are very pleased to work with ALPIMA. Their modular platform offers the flexibility and power required to create differentiated investment strategies and provide the service we want to offer our clients in this competitive and fast-moving market. This is a step forward on the path towards the strategic transformation of our global equities business”