AllocateRite Announces Hiring of New Chief of AI and Data Science

Michael Spece, World Class AI and Data Science Expert, will Further Strengthen AllocateRite's Autonomous Asset Allocation Digital Advisor Platform

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AllocateRite, LLC

Apr 11, 2019, 08:37 ET

NEW YORK, April 11, 2019 /PRNewswire/ -- AllocateRite, the New York FinTech and data science company that provides asset managers with dynamic asset allocations employed through ETF-based smart investment strategies, is excited to announce world class AI and data science expert Michael Spece has joined AllocateRite as its Chief of AI and Data Science. Mr. Spece will work directly with Abbas Shah, AllocateRite's Chief Algo Specialist.

"AI and data science are revolutionizing the financial industry at an unprecedented pace, and AllocateRite now finds itself at the forefront of this paradigm shift," said AllocateRite Chief Algo Specialist, Abbas Shah.

AllocateRite is fast becoming a force in AI and data science as it continues to rapidly develop and deliver unique intelligent platforms to the asset and wealth management industry, and the addition of Spece adds a world class AI and data science expert to AllocateRite's team, where he will focus on making AllocateRite's current AI platform even more robust and diverse.

Mr. Spece graduated first in his class at Caltech, and from Carnegie Mellon University with a perfect academic record, earning degrees in four interdisciplinary fields: Applied & Computational Mathematics (BS), Business Economics & Management (BS), Machine Learning (Ph. D.), and Statistics & Data Science (Ph. D.).

About AllocateRite, LLC: AllocateRite's cloud-based FinTech platform utilizes innovative adaptive intelligence, financial analytics and blockchain for data immutability to deliver portfolio investment strategies to sophisticated asset managers. The AllocateRite strategies (with respective Bloomberg tickers) US Domestic Composite (ARUSDOM), Diversified International Composite (ARINTNL), and Global Dynamic Composite (ARDYBLD) prioritize risk management and capital preservation.

For more information about AllocateRite's technology and autonomous Advisor platform, please visit www.allocaterite.com. AllocateRite is a Registered Investment Advisor with the U.S. Securities and Exchange Commission.

Contact:
Adam Bauman
Chief Operating Officer
[email protected]
212-995-9191

SOURCE AllocateRite, LLC