At Boulder Equity Analytics (BEA), “Our mission is to build an intelligent, enriched and fully interactive database from all the publicly available reports to improve the productivity and insight of the analyst covering an industry sector.”  We call it O.A.K.L.E.Y, collaborative artificial intelligence, a 2nd order of intelligence.  And we’re now creating the services around it.

Convenient, comparative, contextual and interactive services like ours will provide a foundation and no doubt be successful.  But that’s not our end goal.  

Competitive

We build tools for competitive analysis.  But more importantly we want to build tools that help you compete, in your job and in your markets. We can’t stop with a better version of what you can get elsewhere.  While there might be a market for a less expensive Bloomberg, what’s the competitive differentiator for you?  You have the same service as the rest of the market.  Which brings us to an interesting dilemma.  If we build a great service, after the early adopters exploit the advantage, everyone is equal again.

This is where our AI needs to augment your intelligence, not supply its own.

1st order intelligence

With our first products we’re using AI to “read” the market and company information so you can be more efficient in your research. This is the 1st order of intelligence.  It is like going to school to learn finance and then working the back room reading and reporting on company results.  It is the foundation for the next step in your career, using that knowledge to make investment decisions.

As the impact of MIFID II hits, our products will help you build a bigger and faster knowledge base with no bias and 100% recall at web speed and scale. Our products don’t get tired. That alone will help you beat the market.

But here’s where most take the easy way out: focus on speed and trades, not investing.  High-frequency trading (HFT) uses AI  It is in fact one of the most pervasive and advanced AIs in the world, second only to computer viruses and cyber bots.

This is a common execution of an AI strategy.  Go straight from the research department to the 3rd order of intelligence, an AI making autonomous decisions.  Think IBM Watson.  No humans required.

We think that’s the wrong approach. Black boxes powered by AI are as risky as they are powerful.

2nd order intelligence

Our goal is to deliver collaborative AI, a 2nd order of machine intelligence.  Our soon to be announced Boulder Earnings Call Tracker (BECT) for Investor Relations, Analysts, Portfolio Managers and Independent Research is our first offering at the next level.  

Simply, the 2nd order is collaborative and pulls out multiple dimensions of sentiment and tone built with new analytics methods that provide the nuance missing from today’s offerings.  It enables you to create completely new strategies once you’ve been able to look at your markets and competitors at a deeper level and at machine speed and scale.

In the past, long term was long term and even when you were right, it may have been years before the market rewarded you for your positions. Information was created, reported and analyzed from the paradigm of quarterly reports and press releases.  Your technology, economic and geopolitical models were relatively fixed.  Sectors followed predictable patterns.

We think that has changed.  

Markets have moved to the “second half of the chessboard” where exponential changes will create and destroy large enterprises (wealth) in quarters not decades.  What are considered fundamental long term investment decisions today, will look like day trades in the future.

Our goal is to bring the 2nd order of intelligence to you, providing a foundation for contextual decisions.  This will empower you with individualized tools to compete and win, whether against a machine or another trader. 

You won’t be able to read fast enough.  You need to retool.  And the first ones to do it will win.  In the immortal words of Walter Gretzky, as passed on through his son Wayne: “Skate to where the puck is going, not where it has been.” 

Tom 

@tom_semantic

KDD Analytics and Boulder Equity Analytics are partnering to deliver collaborative artificial intelligence to the financial and competitive analysis industries.

The post Read Faster? Researchers Need to Retool to Compete appeared first on KDD Analytics.

Procrastinator?  Maybe.

But one key section of your financial competitive intelligence report is hampered by a lack of standardization in SEC filings.  Moreover, you are struggling with pulling together the financials in a consistent way.   And you still need to make them visually accessible, providing the board with a requested “what-if” analysis capability.

Time is running out…”there must be a better way”.

The State of Financial Competitive Intelligence

Financial data on your U.S. public competitors come from SEC filings (10q/10k) or from data aggregators such as FactSet, Edgar Online, Thomson Reuters and Bloomberg, often in multiple spreadsheets.

But now what?

You may need to standardize these data across companies and reporting periods.  You need to present the data in a visually digestible manner; often to people using different devices (desktop, tablet, mobile).  You need to repeat this process at least every quarter using a consistent visual format.  And you need to be able to deliver several days before a meeting.

This is a tall order for resource constrained competitive intelligence departments.

As a result, “burning the midnight oil” sessions are not uncommon.

So How Do You Avoid This Last Minute Crunch?

Without hiring on more resources, you can achieve this by using a solution that:

• Has taken care of the data standardization issues;
• Has developed the visuals, charts and scenario capability;
• Can update these visuals on a recurrent, frequent and consistent manner;
• Is available 24/7;
• Provides the option to drill down (in real time) to the supporting SEC filings and transcripts.

Then you can focus on what is important, well before the board is scheduled to meet: data insights, trend and contextual analysis.

Boulder Competitive Intelligence (BCI)

Together with our partners ai-one, and Boulder Equity Analytics, KDD Analytics is offering a financial competitive intelligence solution powered by Tableau.

BCI is a set of more than 30 presentation ready, interactive dashboards.

These dashboards display financial competitive intelligence data and KPIs for your company.  And for other public companies critical to your business ecosystem.  All in a consistent, standardized, up-to-date and easily digestible manner.

This unique Analytics as a Service (AaaS) combines data, domain expertise, technology and a secure online portal.  It simplifies your work, speeds up your deliverables and reduces your cost.

Using the financials to spot issues and trends, the AI engine powers drill-downs to the disclosure text in the filings.  You no longer need to pull up a 10k and look for the narrative.

The post Financial Competitive Intelligence as a Service appeared first on KDD Analytics.