ING: Advanced analytics tool to become standalone company
- ING’s advanced analytics tool that helps portfolio managers to make faster
- ING Ventures will also provide a £1.5 million scale-up loan as part of a £3 million funding round
- A growing number of clients are also discovering the advantages of using advanced analytics in decision-making
- In 2018, ING launched Katana Lens an improved version of the tool developed for the buy-side (investors) of the bond market
- Uses an algorithm that learns from the history of hundreds of thousands of trades and also identifies the most promising ones
- By going through all the pairs of bonds and taking each ‘buy’ and ‘sell’ combination as a possible investment
