The STAIRS project has been selected for the MeluXina early-access program
We are proud to confirm that the large scale version of the STAIRS project has been accepted for MeluXina early-access program. The University of Luxembourg and the European Investment Bank (EIB) through the STAREBEI programme are working together to encourage private equity partners to invest in innovative and sustainable technologies. The funded research project “Sustainable and Trustworthy Artificial Intelligence Recommitment System (STAIRS)” proposes an innovative approach to generate efficient recommitment strategies to guide institutional investors with the aid of AI-based algorithms. STAIRS is a simulation-based approach relying on a tremendous number of simulated private equity portfolios to tackle different market conditions. The multi-objective nature of the recommitment needs (ESG, liquidity, etc.) increases the computational requirements to provide robust and trustworthy strategies. Intensive simulations can only be sustained using a scalable and distributed A.I. algorithm taking advantage of High-Performance Computing platforms. This project would demonstrate the potential of STAIRS at large scale while revealing HPC to the financial world.