Press Release: BlueFlame AI Appoints Ed Chu Chief Technology Officer to Accelerate Product Innovation
May 22, 2024
Industry veteran brings decades of financial services technology and leadership experience
New York, NY and London, May 22, 2024: BlueFlame AI (“BlueFlame”), the generative AI platform for alternative investment managers, today announced the appointment of Ed Chu as Chief Technology Officer. A renowned industry technologist, Chu will drive the company’s technology strategy, direction and ongoing innovation and will oversee the engineering teams.
“Generative AI is poised to transform the alternative investment management industry, and BlueFlame AI continues to invest in the best people and technology to ensure our platform delivers the greatest value to our customers,” said Raj Bakhru, CEO and Co-Founder of BlueFlame AI. “Ed’s industry experience from quantitative funds will be critical as we prioritize innovation and accelerate product development to empower our customers to harness the power of generative AI to enhance productivity, efficiency and output.”
Chu joins BlueFlame from Kepos Capital, L.P., a quantitative-focused hedge fund, where he was part of the founding team and ultimately named partner in 2021. He served as its Chief Technology Officer, overseeing the day-to-day aspects of development and architecture and guiding Kepos as it grew to manage over $2 billion AUM. He spearheaded multiple technology innovations including the creation of Kepos' data warehouse and research/portfolio construction system, an electronic platform for OTC trading, in addition to proprietary tools to support investment research, trading, fund operations, and legal and compliance. Chu began his career at Goldman Sachs Asset Management where he held various roles ranging from software engineer to quant developer, ultimately becoming a manager of the technology team within the Quantitative Investment Strategies (QIS) Group. He spent the latter part of his near decade tenure developing proprietary systems across all facets of the QIS business, spanning from portfolio management to trading.
“Alternative investment managers recognize the power of generative AI to revolutionize the industry and need a trusted partner with the industry experience and technology acumen to help them implement it in the safest and most effective manner possible,” said Ed Chu. “I’m thrilled to join this talented team that has demonstrated a clear vision for the future of AI in our industry and look forward to continuously enhancing our platform to give our customers the greatest ROI and customer experience possible.”
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About BlueFlame AI
BlueFlame AI helps alternative investment managers take advantage of AI and Large Language Models (LLMs) to capture significant time savings and efficiency gains in a safe and compliant manner. Our software, purpose-built for the space, is supported by a team of innovators and GRC experts with decades of experience in the alternatives industry. BlueFlame works hand-in-hand with clients to solve their specific workflow challenges, make their data work for them and build for the future of generative AI. For more information visit www.blueflame.ai.
Media Contact:
Articulate Communications for BlueFlame AI
212-255-0081