MaxwellAnne
Regular
Some decent trades this morning. Four buys of more than 50k shares in the first few minutes!
Hi FF,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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Science Fiction is a legitimate way to get a glimpse of the future.
Of course not every scenario comes to fruition and not everything plays out in the reality we share as it may have been envisioned.
Authors will always endeavour to craft their story’s to try and make them entertaining so as to engage an imagined reader.
As in ”true life biography” liberties are taken with time compression, gods eye view and the wisdom and the redrawing of consequence allowed with the benefit of hindsight as well as the imperative of shaping the narrative to fit the authors contention.
However the standard technique revolves around the “what if” scenario whereby the author engages their creative skills with just one or perhaps only a few major impositions upon accepted reality and then proceeds to extrapolate likely consequence.
Ergo, the vast majority of the ‘fiction’ is based on the scientifically verified reality as best it is known/understood at the time of writing.
Many science fiction writers come from the ranks of the various branches of science itself or if not have made an authoritive study of their fields of interest.
So it does not surprise me to hear that prospective authors will be interested in cutting edge technology such as Akida.
It will no doubt become a part of the weft and weave of future imagined worlds as it will be incorporated within ours.
It has been posted by others a number of times over the weekend. Think @chapman89 was the first and @stuart888 above was the last:
Hope this works.
Regards
FF
AKIDA BALLISTA
It's all about the foundation laying. It didn't help immediately but who knows what transpired there that will have future repercussions on the BRN business plan. I'm still more positive than I have ever been before with BRN.CES 2023 didn't help with the SP. What will? Waiting game.
Subscription is sorted mate you should have a notification.Water and milk.
I hope we do a shipload better than DRO - their SP was .44 back in Oct 2019 so they've still got a way to go despite recent announcements. I'm just hoping to see our all time high again in 2023, surely that's not expecting too much.O the days when brainchip will be able to make
announcements like this.
9 January 2023 ASX RELEASE DroneShield Receives Another $11 million Order DroneShield Ltd (ASXRO) (DroneShield or the Company) is pleased to advise it has received a new purchase order for approximately A$11 million for a Government agency customer. The order includes several different types of DroneShield counterdrone/C-UAS equipment. The order is expected to be delivered by mid 2023. The proceeds are expected to be received across March and June 2023 quarters. The order is subject to receiving relevant export approvals. It follows another $11 million purchase order received from a different Government in December 2022.
CES 2023 didn't help with the SP. What will? Waiting game.
And what the f$# you posted. Mate just wrote something . You dont need to be nasty all the time. If cant write then shut the f up.
Mate dont post bull. I have seen it many time wont tolerate again.And what the f$# you posted. Mate just wrote something . You dont need to be nasty all the time. If cant write then shut the f up.
Mate dont post bull. I have seen it many time wont tolerate again.
If i can put him on ignore or admin should not allow this sort of stuff. What was wrong in my message.Sorry but what exactly do you plan on doing now that you won't tolerate it?
Why don't you just ask him for more memes, given thats the message ahahah
Whatever i wont repost to silly posts . People cant just mind their own business.If i can put him on ignore or admin should not allow this sort of stuff. What was wrong in my message.
Maybe read some of the content on this forum rather than ask questions which have already been answeredAnd what the f$# you posted. Mate just wrote something . You dont need to be nasty all the time. If cant write then shut the f up.