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Abstract:TheBrain’s product roadmap advances ahead of plan
Kuala Lumpur, 9thSeptember 2020 – Bonjour Technologys BigBrainBank has again raised the bars as its global team of developers have curated yet another algorithmic achievement for TheBrain AI Trade Strategies app.
TheBrains extensive databank collates years of market information and matches them with an optimised, deep-learning algorithm that has swiftly advanced beyond expectations. It generates customer-driven features such as trade ideas, backtester, risk off risk on projections, market barometer and more with a host of intensive analytics and trade strategies.
“Our 2 years of intensive research, simulation exercises and deep-rooted technology collaboration with artificial intelligence technologists and multiple industry experts from Asia and Europe are truly bearing fruits!” explained Brendon Yong, Founder and CEO of Bonjour Technology.
We performed innumerable iteration and massive rounds of product development to ensure that we have a robust product roadmap that is scalable into the future. While traders are progressively learning how to capitalize on TheBrain‘s comprehensive features that leverage on its huge repository of data and artificial intelligence algorithm – several retail investors and corporate partners have already found their way to BigBrainBank’s negotiation calendars. For many of these corporations, the strategy is to integrate TheBrain into their existing analytics or bundle in as built-in services or as an add-on option for their clients.
Some have even approached BigBrainBank with the offer of venture capital. While this is attractive, Brendon feels that having self-funded the company with his two partners a few years ago, there is a lot to contemplate as getting venture capital may mean diluting the ownership and possibly, its original entrepreneurial objectives.
He explains why. “My partners and I have been friends for almost 17 years; since we were teenagers. We scaled the forex industry as gung-ho traders when we were just touching 20 years old. It has been an exciting journey of friendship, maturity and growing together not just as great buddies in good times and bad times. In fact, over the last 10 years, we have created amazing synergy as fellow traders, investors and business partners in a multi-million-dollar financial literacy and education company.”
While BigBrainBank ponders on the road ahead, it is interesting to note that in a span of a couple of months, TheBrain has generated close to 60,000 registered trial users and a rapidly growing number of subscribers to the app. Subscription is available at an affordable rate of USD 50 per month or USD300 per annum. Most users prefer to use the desktop version which can also be used as a web app. This version has the additional backtester feature that is not available in the app. Brendon however feels that over time, the users will navigate to download the Google Playstore and iOS app store versions as an all-encompassing tool.
“TheBrain is an essential, or probably, the ultimate trading strategy tool for the financial markets. Forex traders are often amazed by the accuracy of the signals. During our free webinars for users, my team and I extensively guide them on the intricacies of using TheBrain. Traders are also happy that they can use these trade strategies and deploy them on any trading platform of their choice. We believe in customers first. TheBrain is not just an AI Trade Strategies app – it‘s part of BigBrainBank’s vision of bringing out the best in people and technologies to empower our customers towards trading success.”
TheBrains core subscribers are from Malaysia. One third of its customers are from Singapore and China, which Brendon believes offer attractive growth opportunities. In 2021, BigBrainBank intend to penetrate new markets in Philippines and Indonesia, thereafter to the rest of Asia.
Brendon echoes his partners thoughts, “While everyone in the world is contemplating the aftermath of Covid-19, for us at BigBrainBank, it is our goal to raise the living standards of people through financial tools and education. We are positive that BigBrainBank will not only allow people to make better investment decisions, it will also allow them to gain all the necessary support that they need.”
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About BigBrainBank and Bonjour Technology Sdn Bhd
The team behind Bonjour Technology Sdn Bhd has been involved in the industry since 2005 while BigBrainBank was set up in 2018. We are a technology platform that specialises in financial education and financial literacy.
For enquiries, contact:
Caroline Ang
Email : caroline@bigbrainbank.org
Tel : 60212997272
Website : bigbrainbank.org
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.