Despite the stormy markets, we can be confident that we can help our clients with our technology from 2 angles:
1. Our global Risk-on Risk-off models have been very effective in the most convulsive moments anticipating alerts.
a. Credit and duration risk indicators entered negative territory in December 2021.
b. Equity indicators alerted to risk-off in late January 2022 and early February 2022.
c. Our Global Indicator went negative in early February 2022.
2. Our Machine Learning Models have navigated effectively:
a. Asset selection in equities has performed particularly well in the second quarter of the year, leaving our clients in the top quartile in US equities.
b. Helped our clients anticipate the major sector gyrations we have experienced this half year.
Our company has a strong R&D and new developments side; and in this half year we have effectively strengthened the US equity models for our Renta 4 and Palatine clients with a 1 month, 3 month, 6 month and 12 month view. We developed a Machine Learning model on commodities for La Maison de Gestion (UBS France). We have created a new fixed income model with our risk-on risk-off technology which is currently very effective. And finally, we continue to maintain our Forex model.
On the commercial side, we have opened our first clients in Paris. We have entered into commercial partnerships in Switzerland, Mexico, Uruguay and Brazil. We hope it will bear commercial fruit very soon.
Finally, I would like to thank all our Spanish clients who have helped us so much to grow and with whom we have started this adventure. Especially to Tressis with whom we are starting a new adventure in the second half of the year with our risk on - risk off technology.
We deeply believe that our technology helps decision making in the markets, and that only with technology we will be able to analyze the huge global databases.