Clueda AG, a spin-off from the Helmholtz Zentrum München, develops software solutions for big data analysis based on artificial neural networks. Unique algorithms not only gather vast amounts of data from varied sources, but also structure and evaluate them in a similar way to the human brain. ‘The approach appealed to us right from the beginning,’ says Uto Baader, Chairman of the Board of Directors at Baader Bank. As a leading investment bank and market maker in Germany, his team quotes more than 800,000 financial instruments. ‘We have a vital interest in smart solutions that help us transform the endless bits and pieces of information into actionable business knowledge,’ Baader explains. As seed investor and strategic partner, the bank has worked closely with Clueda’s team since 2012. Under the umbrella of Baader bank, the teams will now continue their fruitful collaboration to fully exploit the technology’s potential.
