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Balfour Capital Group Appoints Elias Varela Viera as Senior Wealth Advisor of Uruguay

YVERDON-LES-BAINS, SWITZERLAND, October 18, 2024 /EINPresswire.com/ -- Balfour Capital Group is pleased to announce the appointment of Elias Varela Viera as Senior Wealth Advisor of Uruguay. A highly accomplished economist with a specialization in data science, financial modeling, and artificial intelligence, Elias brings a wealth of knowledge and innovation to Balfour Capital Group.

Prior to joining Balfour Capital Group, Elias played a pivotal role as an Assistant in Budgeting and Management Control at Pronto+, part of the Scotiabank Group. His innovative work in developing SQL queries and machine learning models led to significant improvements in decision-making processes, driving a 25% increase in profitability and reducing financial discrepancies.

Elias is also the co-founder and Chief Technology Officer of Kairos AI Capital, a fintech startup specializing in AI-powered financial advisory and investment models. Under his leadership, Kairos AI Capital achieved a remarkable 353% compound annual growth rate (CAGR) over five years through the development of an AI model that optimizes stock portfolios based on user risk profiles. His startup has been recognized by Uruguay's National Agency of Development (ANDE) and the National Agency of Investigation and Innovation (ANII) for its pioneering efforts in fintech.

With his proficiency in programming languages such as Python, R, SQL, and expertise in machine learning frameworks like TensorFlow and PyTorch, Elias is well-equipped to lead Balfour Capital Group’s efforts in bringing innovative wealth management solutions to Uruguay and the broader region. His role will involve leveraging his deep understanding of financial technology to offer tailored investment strategies that cater to the needs of high-net-worth individuals and institutional clients.

“We are excited to welcome Elias Varela Viera to our team. His groundbreaking work in AI and data science, coupled with his strong foundation in economics, aligns perfectly with our vision for the future of wealth management,” said Steve Alain Lawrence, the Chief Investment Officer of Balfour Capital Group. “We believe Elias will be instrumental in driving forward our commitment to delivering advanced financial solutions in the Uruguayan market.”

Elias’ appointment reinforces Balfour Capital Group's dedication to staying at the forefront of financial innovation, providing clients with the most sophisticated wealth management strategies available.

Vikram Srivastava
Balfour Capital Group
+ +41 24 560 20 11
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