Paris, 18 May 2020
JUMP Technology, a European business software provider dedicated to investment management, and ADDVENTA, a provider of innovative artificial intelligence solutions, have joined their forces to automate fund performance analysis and comment generation for performance attribution reports in different languages. The synergy between the two French companies opens up opportunities for innovations based upon artificial intelligence (NLP, machine learning, cognitive agents) applied to asset management.
Addventa's innovation, scribe.AM, is an artificial intelligence solution, software using natural language processing (NLP) technologies applying fund manager reasoning to automatically write comments for fund performance analysis reports.
JUMP's solution is an integrated and modular Front-to-Back software platform, offering Best-of-Breed calculation modules for performance attribution (in Equity and Fixed Income) and for industrialisation of custom report production in multiple languages and formats.
Thanks to the native integration between ADDVENTA's scribe.AM solution and JUMP's Front-to-Back platform, investment management firms can now automate the entire chain of production for fund performance attribution reports.
Addventa and JUMP provide European investment management communities with an innovative solution that not only enables them to reduce costs and operational risk, but also to increase their productivity in performance attribution reporting.
Emmanuel Fougeras, CEO of JUMP Technology: "Addventa's artificial intelligence software is a perfect complement to our First-Class performance attribution and reporting modules, integrated with our Front-to-Back platform. It is important for JUMP to collaborate with companies as innovative as Addventa in order to offer our clients complementary solutions that can be quickly used throughout the JUMP platform. This allows our customers to innovate and automate while focusing on their core business as Investment Managers. »
Serge Baudin, CEO of Addventa: "JUMP provides an excellent reporting services platform into which scribe.AM solution is naturally integrated. The partnership between JUMP and Addventa thus enables asset managers to instantly activate on-demand the comment writing service for fund performance."
About JUMP
JUMP is a software provider that is 100% dedicated to investment management industry: Asset Management Companies, Private Banks, Family Offices, Life Insurance, Insurers, Mutual Insurance Providers, Pension Funds, etc. While addressing the specific needs of each community, the JUMP solution covers the entire investment management value chain, for all types of financial instruments, in a single, modular Front-to-Back software platform. By adopting JUMP, you will be guided by Agility and Innovation, helping you to stay one step ahead of your transformation challenges: Data Intelligence, Digital Experience, Regulatory Compliance, Risk Management, Alternative Investments, etc.
For more information, please visit https://jump-technology.com/
About ADDVENTA
ADDVENTA produces business solutions that capitalise on innovations in in artificial intelligence (automatic natural language processing, machine learning, cognitive agents) for major players in the finance sector. Their multidisciplinary teams lead insightful transformation projects with high economic stakes: cost reduction, productivity increases, revenue improvement. Created in 2014, ADDVENTA has strongly developed within retail banking, private banking, asset management, investment banking, legal, risk and compliance sectors. Their clients include major banking and insurance groups in France, Germany and Luxembourg.
For more information, please visit https://www.addventa.com/
Press contacts
JUMP Technology: Valeriya Shpak, +33 1 53 82 80 64, v.shpak@jump-technology.com
Addventa: Lyubomyr Fedzhora, +33 1 82 83 33 99, lyubomyr.fedzhora@addventa.com
