QuantumStreet AI Hires Scientific Beta Co-founder
QuantumStreet AI, a fintech firm specializing in AI-powered indexes, has appointed Marc Zieger as Executive Vice President of Investment Solutions. Zieger was a co-founder of Scientific Beta, an index platform he helped grow to $60 billion in assets. His hiring is intended to lead QuantumStreet's expansion into the institutional investment market.
Marc Zieger's career reflects deep institutional experience, with previous roles in quantitative investment solutions at Société Générale and risk management advisory for large European clients at BlackRock. His background combines the establishment credibility needed to engage pension funds and asset managers with the technical expertise from his time at Morningstar's index division. Zieger's previous company, Scientific Beta, was an academic spin-off from the EDHEC-Risk Institute, focused on "smart beta" and factor investing. The firm's 2020 acquisition by the Singapore Exchange for approximately $250 million signaled a major validation for specialized index providers. His move to QuantumStreet represents a shift from academically-derived factor models to strategies driven by machine learning and alternative data. QuantumStreet AI operates as the institutional arm of EquBot and leverages IBM's watsonx platform for its generative AI capabilities. The firm's technology processes millions of news articles and financial filings daily to identify market signals, a technical infrastructure designed to give portfolio managers an informational edge. The company already has more than $7.5 billion in global assets tracking its AI-powered indexes. Its business model often involves collaborating directly with major financial institutions, such as the custom cross-asset index it launched with BNP Paribas to be used as the basis for structured products.
