Triple Alpha Is Set to Democratize the Asset Management Industry
Triple Alpha, a project aimed to lower the entry barriers in the asset management industry with the breakthough trading algorithms. Unlike the traditional hedge funds, Triple Alpha will create an exchange-traded fund (ETF) available to any investor around the world.
Created by the team behind Artquant, a successful company which developed a stock market analytics tool incorporating artificial intelligence, Triple Alpha offers:
- A machine learning algorithm for selecting the best stocks at any time worldwide, designed to create the most stable portfolio in terms of risk and return;
- a unique market-neutral strategy that allows to obtain higher than the market average returns, without correlating with the general market movements.
“For years of research we have created algorithms of the highest level, previously available only to clients of hedge funds. Triple Alpha will go beyond the borders of single country to create ETFs traded on the world’s largest exchanges for the most convenient delivery of the algorithm to all interested investors,” says Ilya Filippov, co-founder and CEO at Triple Alpha.
Key benefits of the Triple Alpha platform include:
- Access to the exchange-traded fund (ETF) for all investors around the world;
- Algorithms that enable significantly higher returns than fixed-income instruments;
- Asset diversification with positive returns during periods of stock market growth and declines;
- Fees significantly lower than the prices of hedge funds and other asset managers;
- Fully Automated Decision Making System which mitigates “human factor” risks of asset managers.
In order to facilitate the product development and to create an internal currency for investors to access the services, a Triple Alpha (TRIA) token is introduced.
Triple Alpha Token sale
The TRIA token is an Ethereum-based token which enables potential investors to access Triple Alpha’s asset management platform.
Token sale will proceed in two stages: on pre-sale, which has already started December 27, 2017, investors will be able to buy tokens for $0.5 in ETH equivalent with 50% bonus. The crowdsale is scheduled to start December 27, 2017 until February 27, 2018. Each TRIA token during ICO will cost $1 in ETH equivalent.
The hard cap will be equal to 10 000 000 USD. A total of 11 000 000 tokens will be generated, after that, no tokens will be emitted. You will find more token sale details in the attached project overview.
If at least $1M is raised, a system of automated managed accounts will be created. Triple Alpha’s proprietary algorithms will be integrated with one of the global brokers. The minimum account volume will be set at $10 000.
If at least $3M is raised, in addition to the system above, an exchange-traded fund (ETF) is to be created. Almost any investor with a broker account will be able to get access to Triple Alpha’s technologies, as the entry barrier for ETF is as low as $100.
If $10M is raised, several ETFs will be created. That will allow the company to provide access to the algorithms to the widest audience, as well as to trade those funds on various exchanges to enable returns in different currencies.
Market Context
Asset management is one of the world’s largest industries. In 2017, the total volume of managed assets is estimated at $63.9 trln. And it is growing – according to PwC, the volume of managed assets will reach $100 trln by 2020. They forecast the accelerated growth in SAAAME region (South America, Africa, Asia and Middle East) which will drive the demand for asset management from investors with medium income.
At the moment, the highest returns are provided by hedge funds, powered by advanced technology algorithms. However they set up the entry barriers for investors at hundreds of thousands, or even millions of dollars. For example, Forbes 500 list counts around 60 businessmen related to asset management, investments or banking.
Exchange traded funds (ETFs) are a major breakthrough in the asset management industry. They lower the entry barriers for investors, although provide limited technology capabilities. The overall asset volume in ETFs is currently estimated at $4 trln.
Both hedge funds and ETFs, as well as pension funds, mutual funds and robo-advisors, do not fully meet the requirements of mid-range investors in low-risk and high-return asset management.
Team and Advisors
Triple Alpha was co-founded by Ilya Filippov and Samit Yakovlev, proven experts in asset management, trading algorithms and investment strategies. Both have previously launched Artquant, a successful startup which developed a stock market analytics tool incorporating artificial intelligence.
Ilya Filippov, co-founder and CEO at Triple Alpha, has seven years of experience in creating quantitative models used to predict stock and fixed-income markets and develop volatility arbitrage strategies.
Samit Yakovlev, co-founder and managing partner at Triple Alpha, has more than 20 years of experience in asset management and has been previously five of the best traders of Russia by the «Dengi» magazine.
The project is advised by Mikhail Leviev, CEO of Algomost and a former director of MIPT (Moscow Institute of Physics and Technology), as well as by Alexander Dyakonov, a professor at Lomonosov Moscow State University (MSU) with a Ph. D. in Physics and Maths with outstanding achievements in Machine Learning.
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