SEOUL, South Korea & HONG KONG--(BUSINESS WIRE)--Qraft Technologies, a leading invest-tech company developing artificial intelligence (AI) solutions, has announced the hiring of Rita Lin, a senior financial services executive, who will serve as Director of Business Development.
As veteran in the industry with 15 years in finance, Lin brings a wealth of expertise, particularly from her over decade-long focus in prime brokerage at industry-leading institutions including Citigroup and Bank of America Merrill Lynch. During her career Lin has played important roles in prime brokerage and collaborated with hedge funds at these institutions. As Director of Business Development, Lin will continue working closely with hedge funds, which positions her as an invaluable asset to Qraft.
"We are delighted to have Rita Lin on our team at Qraft," said Francis Oh, Chief Operating Officer at Qraft Technologies. "Her valuable experience in finance, particularly in prime brokerage, aligns seamlessly with our vision for growth and innovation. Rita's expertise, coupled with her deep connections in both traditional finance and fintech, will contribute to the continued success of Qraft."
With a passion for technology and a firm belief in the transformative power of AI solutions in trading and investing, Lin is eager to be part of the industry evolution. "I am excited to join Qraft at this pivotal moment in the evolution of the finance and technology landscape," said Lin. "The potential for AI in investment management is immense, and I look forward to leveraging my experience and connections to drive growth internally and externally for the company."
In her role, Lin’s key focus will be on expanding Qraft's presence in the APAC markets, particularly in hedge funds and global banks. Lin will be based in Qraft’s Hong Kong office.
About Qraft Technologies
Qraft Technologies is a fintech company aiming to drive growth in the asset management industry through its innovations in artificial intelligence (AI) and investing. Qraft offers a variety of AI-powered investment solutions, including a security selection engine, asset allocation engine, robo-advisory solution and an AI order-execution system. From data processing to alpha research and portfolio execution, Qraft has an established track record in developing cutting-edge AI solutions that have been adopted by over 20 financial institutions worldwide. In 2022, Qraft received a US$146 million investment from SoftBank Group, entering into a strategic partnership to accelerate AI in the asset management industry.