This article was written by the I Know First Research Team.(Source: Pixabay.com)
As computers grow ever-more powerful and high-tech solutions are picked up and implemented across the board in a set of industries diverse enough to include cloud-based speech-to-text applications and robot cafes, the financial sector is keeping up with the trend and embracing the new technologies. And for tech-savvy investors looking to generate impressive returns by tapping into a booming pool of creativity and technological know-hows, there is no better place to start than Israeli FinTech companies scene.
The Start-Up Nation, with its bustling entrepreneurial ecosystem, has seen the arrival
Artificial intelligence (AI) is a branch of computer science
that aims to create intelligent machines that can think and learn for
themselves. In 1950 when computers where just starting Alan Turing was asking
the question “can machines think?” This question is still debated to
this day but there is little doubt that Turing would be incredibly impressed
with modern computing and what it has achieved in this field.
Modern AI is able to beat grand masters in chess and be used to predict financial markets. The term is still pretty loose with no real set of clear boundaries defining it but any machine that is able to think intelligently and learn is generally considered to be an Artificial Intelligent machine.
On August 13, I Know First CEO Yaron Golgher represented the wealth-tech sector at the 1st ever Steering Committee Meeting of the Israel Export Institute (IEI) FinTech sector. The meeting aimed to discuss the activities of the Israeli FinTech sector. Moreover, the meeting sought to discover industry needs and how to fulfill them in the future.
I Know First CEO Represents Wealth-Tech At Inaugural Steering Committee
Investor support tools such as I Know First’s daily market forecasts is one of the myriad ways technology is being implemented to create and sustain
Press Release: Tel Aviv, Israel, March 27th, 2017 – I Know First are Contributing Authors for The WealthTECH Book
I Know First are contributing authors for the WealthTech book, becoming available in April 2018. They will join the team of authors who have collaborated on this project. The WealthTech Book is a handbook that will be part of the Fintech Book Series, which became a Global Bestseller in 107 countries across 5 languages, and can be bought online here.
The Financial Technology Handbook has its main focus to write for investors, entrepreneurs and visionaries in Global Asset Management.
I Know First was selected to write the fourth chapter of the book. Its main topic is “Digital Platforms, Products and Ecosystems”. This part will look at some of the ongoing trends and changes in the financial services industry and how asset managers can (or should) be transforming themselves to stay relevant and ‘ahead of the curve’. The chapter will delve more into discussing AI-powered Wealth Management Products and Investment Vehicles.
Yaron Golgher (Co-Founder and CEO), Dmitry Neginsky (Research Analyst), and Dr. Lipa Roitman (Founder and Partner) will be helping in the construction of this chapter.
Click here to know more about this project. You can also join the waiting list to get the WealthTech book by clicking here.
I Know First, Ltd. is a financial technology company that provides daily investment forecasts based on an advanced, self-learning algorithm. Thus, the company’s algorithm predicts over 3,000 securities (and growing). Thus, it has capabilities to discover patterns in large sets of historical stock market data.
The underlying technology of the algorithm based itself on Artificial Intelligence. It also based itself on machine learning and incorporating elements of artificial neural networks and genetic algorithms. Moreover, the algorithm generates daily market predictions for stocks, commodities, ETF’s, interest rates, currencies, and world indices for the short, medium and long-term time horizons.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
