thelittleshort
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ill have one ready for youOne thing for sure is that their will be plenty of explosive verbal diarrhea being spewed if explosive sales aren't coming real soon. Which if so gives me another opportunity to make that one last top up again
Looking forward to seeing a Ken robot fully blinged out once the sales start kicking in decently.
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Hopefully you have read the above as this is what makes it interesting:The whole extract below is interesting:
Tim Llewellynn![]()
Tim Llewellynn
CEO/Co-Founder of NVISO Human Behaviour…
Published Jun 20, 2017
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We are so proud to announce that our AI-specialist company nViso with our Financial Services lead product “EmotionAdvisor” has been accepted into the excellent FCA Innovation Sandbox in UK! If you missed it here is a quick overview of who got in.
Our application was focused around testing our Artificial Intelligence behavioural and emotion-recognition technology to prove whether we can help enhance financial services customers’ profiles for use in banking and insurance.
Innovation Sandboxes
But first of all, what's an Innovation Sandbox? Just from my personal view, it's the regulator helping catalyze industry with start-ups to innovate faster around core issues. As we are new to this journey I can so far say it's been super helpful even during the application process to get a better feeling for how the regulator works, and what they're looking for.
As a white-label software provider, it's important we know the applicable rules and stand ready to answer financial services companies myriad processes and questions from their legal, compliance and regulatory as well as business and IT functions. As a CEO I run a team who face long lead times and a shadow of healthy scepticism in every meeting - so having started a process directly with a sharp regulatory team gives me much more confidence that we have all our ducks in a row headed into such a challenging environment.
I’ll be giving you more real-time updates here out of the Sandbox as we begin the testing process in late summer.
What Inspired us to Apply?
Until now, customer profiling and risk assessments have relied on static questionnaires and dogmatic questions around financial ability and appetite to withstand loss. Whereas we know from leading academic research that client behavioural reactions to loss and finance more generally are also correlate to other more intimate characteristics such as thinking style. Our technology can “read” and interpret such thinking styles by observing pre-emotional expression reactions in response to a series of stimuli, for example a short video. It's important to note we are not measuring fully processed emotions, but what happens in the 20-40 milliseconds before a person thinks through and expresses a reaction to another human.
"This is a critically important point - computers can read true emotional reactions better than humans can."
My goals out of the pilot are to further explore the use cases across Financial consumers’ life cycle with any given provider. We believe AI-driven emotional recognition has a number of important applications including prospecting for suitable customers, login and authentication, client profiling, creating active recommendations for products/services, and even as a more complete feedback loop to a client advisor and firm.
Emotion and Customers Financial Decisions are Highly Connected
As cited in the FCA’s RDR finalized guidance (2012), client profiling using automated tools must be reviewed carefully by a firm and enhanced where necessary to make a complete picture.
EmotionAdvisor is a set of skills we are developing for banks and insurers, asset and wealth managers to enhance their client profiles with behavioural finance relevant information in order to make sharper product, offering or advisory recommendations.
Our core belief is the better you know your client, the more accurate your recommendations and the more you can prove you aligned to their best interests.
EmotionAdvisor may be just what you're looking for to help plug that important gap between static MiFid profiling and true behavioural finance inputs.
About Us...
We're not your average early stage start-up talking about AI and machine learning. I've been CEO of nViso since 2009, we have 30 employees and are a spin-off and are still based out of EPFL (often called the MIT of Europe) and are an official partner with IBM Watson for machine learning and data analysis techniques development. We are now launching our fourth major client with our mainline Financial Services SaaS called EmotionAdvisor.
I also head up the European Union’s front-end offense as organizer of BONSEYES, the EU open marketplace for AI which has a budget of double-digit millions to build our Europe’s offensive capabilities and use cases across industry verticals such as Finance, Automotive, Consumer Retail and IoT among others. Our team is largely made up of PhDs and business people who know how to build and shape a product set.
Want to Learn More about AI and Finance
● FCA’s RDR Finalised Guidance on Independent and restricted advice
● FCA’s FARM final report
● EmotionAdvisor prospectus on nViso website
● Paul Ekman history
Are you a Head of Strategy, Digital, Innovation or Products & Services at a bank, insurer, asset or wealth manager, or a FinTech with a B2C offering? Send me a DM and I'd be happy to walk you through in more detail how our product set works and the results we've been able to achieve on behalf of our clients to date.
Please comment below with a question or opinion and I look forwards to answering and providing additional insights to all queries.
Tim
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LinkedIn User
Ben Robinson interesting read!
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Richard Sheroff
We are only scratching the surface. The culmination of real time data analytics on truly "big data" with predictive abilities is the disruptive technology that is far past due. It requires a new computing paradigm since the fundamental algorithms involved in handling sparse data is not suitable for Von Neumann architecture with their macho flops running at. 5% peak.
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Tim Llewellynn
Completely agree we haven't even got to a stage where we have "fit-for-purpose" hardware for AI and data-driven software - we are still running around with legacy hardware repurposed. Once a stream of new hardware solutions can into the mainstream there will major disruption and capabilities available that weren't imaginable before.
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LinkedIn User
Patrick Barnert nViso.... and interesting about the FCA Sandbox...
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Priyanka Pawar
Congrats Tim!
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Igor Shaposhnikov
Very good, Tim! Congratulations!
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Denyse Drummond-Dunn
Great news. Perhaps now UBS will realise what they missed last year?!
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LinkedIn User
Congrats Tim & team, this is a huge step to learning the Finance vertical - he who learns most fastest wins!
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Michael O'Sullivan
Kevin Knull, CFP® Anthony Clark-Jones Hester Turton Andreas Bolli Christian H. David Bruno Martin Weis
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So if you have read both then perhaps CHATGpt has some inside information on Raytheon and Lockheed Martin and is not just making it up after all we have a plethora of dots pointing to both companies.Hopefully you have read the above as this is what makes it interesting:
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" data-metric=".object-stats" style="color: rgb(34, 34, 34); cursor: pointer; font-size: 20.799999237060547px;"> Richard Sheroff
- Created: 11/24/2017 by Qube Analyst
- Last Edited: 11/24/2017 by Qube Analyst
Vice President of Sales and Business Development at Emu Technology
Location: Greater Atlanta Area, GA
ADD TO MY LISTS
Richard Sheroff has over 25 years of experience in the computer industry. He was a co-founder and/or executive at several companies including Data General, Cambridge Robotics, MasPar, Convex, Zantaz and OpenText.
Richard and his colleagues were key in developing and deploying the world’s first commercial applications using large-scale parallel processing systems. First, was the interceptor (GBR- Ground Based RADAR) of the Patriot Missile Defense System partnering with Raytheon Corporation. Shortly thereafter, he teamed with Lockheed Martin in the design and successful implementation of the FBI’s IAFIS(Integrated Automated Fingerprinting Identification System) using 128-way parallel computer systems.
Richard has a BS Degree in Engineering from Cornell University
My opinion only DYOR
FF
AKIDA BALLISTA
VB & Green TeaOk quiz time for non subscribers.
Correct answer gets 1 month subscription to TseX
NameBruce Lee's two favorite beverages.
Water and milk.Ok quiz time for non subscribers.
Correct answer gets 1 month subscription to TseX
NameBruce Lee's two favorite beverages.
The actual answer is Punch and Waah TaahWater and milk.
"We have use cases from the Gambit"!Todd Vierra also says in that video-
“We have NASA working with us, we can’t really tell you what they’re doing but they’re trying to do things like realign their outer space things to recognise stars to get orientation”
Now what the hell could that be?