GenieAI Wins Best Risk Management System Award at 2024 Hedgeweek Awards

New York, NY – October 10, 2024 – GenieAI is proud to announce that it has been named the Best Risk Management System by Hedgeweek at a prestigious ceremony held at the Penn Club in New York City on October 10, 2024. The award, determined through the votes of industry leaders and clients, recognizes GenieAI's excellence in delivering advanced AI-powered risk management solutions for digital asset funds.

In accepting the award, Federico Mele, Co-Founder and CEO of GenieAI, shared his gratitude for the trust placed in the company by its clients:

"We are thrilled to be named Risk Management Software of the Year by Hedgeweek. This prestigious award underscores the trust placed in us by our world-class clients. As digital asset management competition increases, funds are turning to GenieAI’s AI-powered insights to significantly enhance performance and mitigate risks."

Addressing the Challenges of Today’s Crypto Hedge Funds

Gaining investor trust remains one of the most pressing challenges faced by crypto asset managers globally. While investor appetite for digital assets is undeniable, concerns about fund manager quality, risk management practices, and the resilience of investment strategies across market cycles are equally real. No investor wants to see their portfolio wiped out during a market correction or downturn.

In this environment, robust technology is essential to mitigate drawdown risks and earn the trust—and allocations—of institutional investors. Fund managers must demonstrate how they are using technology to implement scalable and resilient processes. Key questions facing fund managers include:

* How are you optimizing token or strategy allocations?

* Do you have visibility over your key drivers of risk across the portfolio?

* How are you managing liquidity and counterparty risks?

* Are you properly stress testing your portfolio and mitigating the impact of sharp market drops?

* How can you showcase consistent and reliable alpha versus buying a Bitcoin ETF?

A robust technology platform like GenieAI’s PMS/RMS can help fund managers demonstrate that they are leveraging cutting-edge technology to optimize performance, manage risks, and instill confidence in their investors.

For more information about GenieAI, visit www.genieai.tech.

About GenieAI

GenieAI is the premier AI-powered Portfolio and Risk Management System for digital assets, leading the industry towards smarter, data-driven decisions and automated workflows. The technology enables investors to anticipate market trends and navigate risks in ways that were once unimaginable—all while managing portfolios with unprecedented precision.

GenieAI helps leading fund managers to:

1. Enhance portfolio metrics

2. Predict market trends

3. Improve data-driven decisions

4. Automate analysis and reporting

5. Boost model performance

GenieAI's expert team of industry leaders brings unmatched AI and ML experience to investment management. GenieAI’s clients include some of the world’s most successful and well-respected digital asset funds.

GenieAI is backed by leading investors, including Coinbase Ventures, Bain Capital Ventures, Goodwater Capital, Sierra Ventures, Fasanara Digital, Arca, and other prominent firms.

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