AUMdrive
FintechAUMdrive is an AI company that predicts the net flows, or net sales, of mutual funds and ETFs from 1 to 12 months ahead. It covers more than 25,500 funds and over $67 trillion in assets
The Challenge
Asset managers make decisions on distribution, liquidity and allocation without knowing where capital will move next. Traditional market intelligence only looks backwards, so redemptions and shifts in demand arrive as surprises.
The Solution
Machine-learning models that forecast subscriptions and redemptions fund by fund. More than 90% of one-month forecasts have an error below 3%. Managers use them to target sales, anticipate capital movements, size liquidity buffers, forecast revenue and grow market share.
Why We Invested
"AUMdrive turns a costly blind spot for the asset management industry into a forecast managers can act on. It grew out of Evenco Analytics, an R&D project, and was designed bottom-up with an advisory board of industry leaders to meet real client needs. Its team combines deep asset management experience with strong data science. “Knowing where capital will move before it moves is a decisive edge in asset management.”"
Founders
- Richard Parkins (Co-Founder & CEO)
- Rasool Taban - PhD (Co-Founder & Head of Data Science)
- Vasco Laranjo - CFA (Co-Founder & Head of Research)
- Álvaro Salazar Lahera (Co-Founder & Head of Product)