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VERSES Expands Commercial Relationship with Major Global Investment Firm

VERSES Expands Commercial Relationship with Major Global Investment Firm

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Company Works with Enterprise Customer to Use Genius™ to Improve their Investment Portfolio Optimization Engine

VERSES AI, a cognitive computing company specializing in next-generation agentic software systems,  announced an additional expansion of its relationship with a major global investment firm. The Company will extend its existing consulting arrangement with additional milestone-based payments to assist in building solutions using Genius.

As part of this project, VERSES is developing an active inference causal model of financial markets to make improved asset allocation decisions. The work takes advantage of Genius enterprise capabilities for efficient data ingestion and preparation, model creation and deployment, and aims to improve financial metrics such as drawdown and volatility.

Also Read: CIO Influence Interview with Dilip Bachwani, Chief Technology Officer, Qualys

The expanded contract has an initial period of fixed milestone-based payments and contains provisions for outcome-based pricing in the future.

“We’re thrilled about the opportunity to collaborate, build solutions and drive even greater business value with one of the world’s largest financial institutions,” said Michael Wadden, VERSES Chief Commercial Officer.

VERSES is a cognitive computing company building next-generation intelligent agentic systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, our flagship product, Genius™, is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Imagine a Smarter World that elevates human potential through technology inspired by Nature.

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