Expert calls and management meetings are just some of the tools that professional portfolio managers have utilized for decades to quickly get insights on market moving news. Spending over $600m annually in 2015 on this type of research, financial institutions are able to intelligently invest in a broad range of companies using expert knowledge. By grouping members together, Slingshot similarly empowers individual investors with access to these same experts at a fraction of the cost.
LexisNexis Risk Solutions, the global big data, technology and analytics firm, has teamed with Elliptic, a blockchain intelligence company, to promote the ubiquitous adoption of Bitcoin and other virtual currencies by exposing money launderers, human traffickers, terrorists, and drug dealers who use Bitcoin to make dark web purchases.
Manulife’s Lab of Forward Thinking will use Nervana intelligent applications to develop an artificial intelligence (AI) and deep learning tool to analyze the high volume of online information, financial news, emails and documents that portfolio managers receive each day when researching investments.
The new arrangement will help position Sun Life Financial at the helm of insurance industry innovation and closely follows a partnership struck with MaRS Discovery District, one of North America’s largest urban innovation hubs. Plug and Play Tech Center is a U.S.-based global technology accelerator that connects top start-ups from around the world to corporations and investors.
NextAngles has launched a fintech solutions suite for financial institutions that includes: Anti-Money Laundering (AML) Alert Investigation, Trade-Based Money Laundering (TBML) Alert Generation and Investigation, Know Your Customer (KYC), Financial Crimes Investigation, and Liquidity Risk Management.