AQUMON was started in 2016 at Hong Kong University of Science and Technology (HKUST) and built with technologies developed by Magnum Research Limited. AQUMON has a revolutionary mission to use specially designed algorithm-based technology to make the world of financial investments one that is smarter and simpler, as well as more affordable and transparent. AQUMON’s services are available for both institutional and individual investors and are enriched by its very own AI-powered investment robo advisor, which provides intelligent, automated, and tailor-made investment portfolio management advice.

In Hong Kong, there are currently about 4,000+ investment-related and private wealth practitioners servicing 200,000+ wealthy individuals. But, for the remaining 7 million plus people living in Hong Kong, there is little to no access to proper wealth management advice and tools. AQUMON is changing this by offering affordable and automated investing advisory through its app and web-based robo advisor. However, to do this and deliver automated, reliable, and secure investment advice to the masses at scale, reliable and highly scalable cloud services are key.

Alibaba Cloud was the first name AQUMON thought of when it came to building a cloud-based investment advisory solution in Hong Kong. Alibaba Group’s professional expertise and global reach was something that really aligned with AQUMON’s vision of making financial investments smarter, simpler and more affordable for the masses. Equipped with a strong cloud-based platform, AQUMON is now capable of efficiently scaling up their business to help individuals build their wealth in Hong Kong and potentially elsewhere in the future.

As a leader in the cloud computing industry, Alibaba Cloud provided AQUMON with valuable insights and guidance on how the two can digitally transform Hong Kong’s wealth management industry together. The backbone of AQUMON investment offering relies heavily on Alibaba Cloud’s MaxCompute data processing platform, which collects and analyzes real-time financial data along with client analytics, helping AQUMON make more accurate investment selections, systematically reduce client risks, and monitor client investment portfolios around the clock. To elevate AQUMON’s service to be truly scalable for the masses, Alibaba Cloud’s Container Service for Kubernetes (ACK) was implemented to allow AQUMON to support multiple platforms, expand into overseas regions, and offer a higher level of security protection. As a result of Alibaba’s cloud infrastructure, AQUMON’s clients now enjoy convenient and effective investment solutions right at their fingertips.

Alibaba Cloud’s highly elastic, secure, and intelligent services on the cloud are helping AQUMON grow and achieve its original mission of providing quality financial investment services to the masses. Looking to the future, AQUMON will continue to invest in Alibaba Cloud’s web services as it hopes to expand its services outside of Hong Kong to other parts of Asia and the world.