ACCESS Newswire
17 Jul 2019, 18:19 GMT+10
ATLANTA, GA / ACCESSWIRE / July 17, 2019 / Cognovi Labs, the leading provider of AI-extracted consumer emotions and behavioral insights, and Lucena Research, a leader in predictive analytics for the financial markets, announced today that they have partnered to bring new signal-based data offerings to the financial markets.
The announcement follows Cognovi's recent win as one of the best alternative data providers for investment managers at the Battle of the Quants competition. Colin Butler, Cognovi's Global Revenue Officer, accepted the award at the Big Data Awards Gala in New York on May 21st.
"Cognovi Labs' proprietary blend of Artificial Intelligence and Behavioral Psychology quantifies how people make decisions and what they will do next, at scale and in real-time. Whether you are a fundamental analyst, discretionary trader or quantitative portfolio manager, Cognovi's Emotion AI adds a new and unique source of alpha to your investment process. By quantifying consumer purchasing intent, Cognovi provides a powerful way for our clients to predict sales growth and product performance like never before," said Cognovi's Co-founder and CEO, Beni Gradwohl, Ph.D.
''We are thrilled to welcome Cognovi Labs into our selective data provider partners and provide the buy-side with further empirical evidence of their data's predictive power. I am excited to note that our research uncovered both long and short signals that can be used effectively for both KPI forecasting and/or algorithmic trading strategies. Moreover, users can now consume Lucena's Smart Data Feed of trend signals, based on Cognovi's behavioral data," said Erez Katz, Co-founder and CEO of Lucena Research.
"While the use of alternative data is still in its infancy, we see a significant opportunity for Cognovi's Emotion AI to be integrated across a wide spectrum of investment processes. At the same time, it is a powerful new tool for corporations, ad agencies and political organizations," said Butler.
Lucena's Data Analytics Suite hosts a collection of carefully vetted elite datasets ready for consumption by a variety of investment professionals. Users can efficiently automate the assessment and deployment of big data with comprehensive assessment reports and empirically validated data signals historically and perpetually into the future.
Cognovi Labs' signals have been validated by Lucena's AI platform and are now available for assessment and consumption through derived offerings such as Smart Data Feeds, or Model Portfolios. Cognovi Labs' underlying emotion and behavioral data is available directly from Cognovi Labs.
About Cognovi Labs
Cognovi Labs is an early innovator in Emotion AI. It is globally recognized for its successes in predictive and prescriptive analytics using topic-specific emotion and intent algorithms. Given that the majority of human decisions are made by the subconscious mind, based on emotions, Cognovi's Emotion AI goes beyond common sentiment tools and extracts people's emotional undertone from free-flowing textual conversations and translates them into insights about their future behavior.
Cognovi's core and patented technology was developed at Wright State University's Kno.e.sis Center, a top-10 global research institution in natural language processing and machine learning. Cognovi Labs took over the technology in its fourth generation and owns an exclusive and perpetual commercial license to the technology.
Media Contact
Colin Butler
Global Revenue Officer
Cognovi Labs, Inc.
[email protected]
About Lucena Research
Co-founded in 2014 by entrepreneur and technologist Erez Katz and machine learning expert, Tucker Balch, Ph.D, Lucena Research partners with data providers to develop algorithms that validate and enhance investment strategies through advanced analytics of big data. Lucena's cloud-based AI platform enables investment professionals to form, refine, or validate their strategies with confidence and unprecedented visibility into the data. As an industry leader in machine intelligence, Lucena applies science to Finance and provides solutions for clients worldwide.
Media Contact
Katherine Riddick
Marketing and Communications Manager
Lucena Research
[email protected]
SOURCE: Lucena Research, Inc.
Get a daily dose of Cleveland Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cleveland Star.
More InformationOTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...
(Photo credit: Troy Taormina-Imagn Images) Angel Martinez hit his first career grand slam with two outs in the top of the 10th inning,...
(Photo credit: Katie Stratman-Imagn Images) Xavier Edwards had two hits and three RBIs for the visiting Miami Marlins in their 12-2...
(Photo credit: Connor Hamilton-Imagn Images) Gavin McKenna just accelerated the growth and relevance of NCAA men's ice hockey. ...
(Photo credit: Albert Cesare/The Enquirer / USA TODAY NETWORK) The Los Angeles Dodgers recalled Alexis Diaz, the former All-Star...
(Photo credit: Kyle Terada-Imagn Images) With the New York Knicks coming off their first conference finals appearance in 25 years,...
(Photo credit: Eric Canha-Imagn Images) The New York Yankees placed relief pitcher Mark Leiter Jr. on the 15-day injured list on...