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Joint Innovative Projects with Alpaca and The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Alpaca leverages its Deep Learning technology to initiate projects in market prediction and AI trading

SAN MATEO, CA, USA, May 19, 2017 / -- AlpacaDB, Inc. and AlpacaJapan Co.,Ltd. (“Alpaca”) started joint AI projects with The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”).

In August 2016, Alpaca participated in The Fintech Accelerator Program hosted by Mitsubishi UFJ Financial Group, Inc. (“MUFG”) and awarded the runner-up.

Alpaca now has various ongoing projects with MUFG that takes full advantage of Alpaca's Deep Learning technologies.

Alpaca started two of the advanced projects with BTMU:

- Designing Market Prediction Models

- Creating AI Traders

By leveraging Alpaca’s Deep Learning technologies, Alpaca is jointly working with BTMU for digitizing BTMU’s Global Markets Trading activities.

Morifumi Yotsumoto
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