Perpetuals.com Ltd has signed a services agreement with Younet AI to license an on-premises artificial intelligence system designed for use by hedge funds, proprietary trading firms, and digital asset managers, according to a report by Investing.com.
The agreement covers deployment of an AI platform, branded Forgentiq.ai, which is intended to run within client infrastructure rather than in external cloud environments. This setup allows financial institutions to apply machine learning tools directly to proprietary trading data while retaining full data control internally.
The system is designed around autonomous AI agents capable of performing a range of investment-related functions, including market correlation analysis, regulatory document review, arbitrage identification, and portfolio risk modelling. It also uses retrieval-augmented generation techniques and is designed to operate independently of public AI services.
Under the agreement, Perpetuals.com holds an exclusive global licence to commercialise the platform within financial services and digital asset markets. The company plans to first deploy the technology internally using its own trading and market microstructure datasets before expanding access to external clients through a subscription-based model.
Management said the system is intended to support alpha generation by enabling more advanced analysis of trading data and market behaviour within a secure environment.
The firm, which has a relatively small market capitalisation and operates across trading and digital asset infrastructure, has recently been expanding its product suite, including additional services focused on regulatory compliance and market infrastructure capabilities.
Alongside the AI initiative, the company has also been developing other technology offerings aimed at financial institutions, including cybersecurity-related tools and expanded trading venue functionality following recent regulatory approvals.
Davidson Kempner's research led approach
Partner and Head of Research at Davidson Kemper, Suzanne Gibbons, on building a global research function, embedding AI, and capitalising on…
More
Taula Capital’s $1.5bn rate bet hit by September bond rout
Taula Capital’s newly launched TSO fund has suffered a sharp reversal after positioning for European interest rates to decline, with the…
More
Court rulings threaten longstanding hedge fund self-employment tax strategy
Hedge fund managers face a significant change to a longstanding tax-planning strategy after recent US appeals court rulings backed the…
More