(Sydney, Australia, May 4, 2020) The first fully automated trading App – Jaaims launches today into the Australian Market.
Developed to service the needs of investors who are short on time to manage their share portfolio, Jaaims utilises cutting edge Artificial Intelligence technology to analyse millions of pieces of data each day to determine buy and sell recommendations on over 1,000 securities across Australia, United Kingdom, Germany and United States. Jaaims then automates the buying and selling of securities by applying these recommendations within the customers pre-set parameters by executing trades on their behalf to their online brokers. Launching to their 1,000 strong waitlist customers last week, Jaaims is made available to new customers from today who can now sign up online and start using Jaaims immediately. Founder and CEO, Tui Eruera comments “Jaaims has taken over 20 months to build from prototyping to launch which is incredibly rewarding as it was challenging. An ambition project through the use of artificial intelligence technology, I thank our incredible team and investors who backed our vision early. This is a game changer for retail investors as this technology was typically only available to the large investment houses who have the financial resources available to develop and operate such sophisticated tech. Now it’s accessible from $49 per month levelling the playing field for the everyday investor.” Jaaims launches with its own Australian Financial Services License – a first for many Fintechs in this sector. This would not have been achieved without the tireless work of Peter Hagias and his team over the past nine months and ASIC, who engaged with us early to determine a suitable license and compliance structure for what is a very new and unique concept. Eruera adds: “This product is just what Australia needs right now as people are more conscious about money and investing for their future. Jaaims provides an opportunity for all investors from the first timer, SMSF to the sophisticated investor to utilise an advanced and highly automated piece of technology to support their investment goals.” Customers who sign up to Jaaims receive a free 14-day trial and a subscription upgrade on our starter subscription. The technology will be available for download in the Apple and Google stores in the coming weeks. - -
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