Algorithma’s FIN-GPT.ai to transform financial decision-making
Kochi / November 30, 2023
Kochi, Nov 30: Algorithma Digitech Private Limited launched FIN-GPT.ai as its latest AI-backed innovation, facilitating swift and wise decision-making for investors as well as business enterprises through unique market intelligence.
The Kochi-based fintech startup unveiled its state-of-the-art financial intelligence platform at the recent Huddle Global summit, positioning itself as an AI co-pilot for investors, akin to the widely-recognized Bloomberg Terminal.
The new feature leverages cutting-edge technology, with Gen AI embodying a business-focused ChatGPT. Its primary objective is to accelerate decision-making through financial intelligence and consolidating fragmented financial data from diverse sources into a unified as well as accessible platform, while serving as a comprehensive solution for both business enterprises and retail investors.
With its role as a one-stop solution for a wide range of stakeholders, FIN-GPT.ai is set to catalyse the rapidly-evolving fields of investment tech and finance, experts said, following its launch at the November 16-18 Huddle Global held by Kerala Startup Mission (KSUM) near Vizhinjam, 30 km south of the state capital.
To Algorithma Co-Founder and CTO Nikhil Dharman, FIN-GPT.ai is poised to be a game-changer. “It will serve as a ChatGPT for business enterprises, enabling better decision-making in less time and seizing opportunities,” he points out. “For investors, FIN-GPT.ai will be an affordable alternative to the Bloomberg Terminal.”
Nikhil, along with T.R. Shamsudheen, established Algorithma in 2022. The previous Huddle Global saw the announcement of Agrima's successful exit through acquisition by BigBasket. While this is Nikhil's second foray into entrepreneurship (having previously steered Agrima Infotech as his inaugural AI venture), Shamsudheen is a first-generation entrepreneur known for turning ventures into successful and profitable businesses. With over a decade of expertise in the stock market, Shamsudheen brings strong business acumen to Algorithma, even as Nikhil’s past tech innovations have been showcased by Google and NVIDIA on global platforms. Nikhil has also served as the Chief Technical Officer, leading the development of Recipebook as a highly acclaimed mobile app with a user base of 4.5 million.
FIN-GPT.ai accelerates financial decision-making both quicker and smarter by delivering reliable and accurate premium financial data as well as allied information in real time at affordable cost. It achieves this by enabling users to search for any company, industry, trend or topic across millions of premium external documents or the platform's proprietary internal content. This encompasses a thorough scan of company filings, event transcripts, broker research reports, news and news articles, trade journals, regulatory documents, press releases and equity research.
Further, FIN-GPT facilitates informed decision-making through market intelligence by consolidating information from multiple sources, placing it at the users' fingertips. Currently, such data is often fragmented, scattered and disorganized across the web and established platforms, FIN-GPT.ai addresses this challenge. This accessibility empowers users to act fast and execute financial decisions with confidence.
The platform's value proposition extends to its affordability, providing comprehensive information that is indexed, searchable and consolidated into one user-friendly interface. FINGPT.ai empowers users to strategically build and refine target lists, expedite due diligence processes, and uncover unique insights behind financials that may not be available elsewhere.
In addition, the platform simplifies complex data, making it easy to comprehend in layman's terms. Notably, when compared to other large language applications, FIN-GPT.ai stands out for its precision. It fine tunes millions of premium financial records, ensuring accurate data and insights. Additionally, FIN-GPT.AI is powered by multiple models and supports multilingual capabilities, enhancing its versatility and effectiveness in serving a diverse userbase.
In a dynamic market, this technology enables business enterprises to rely on a single platform for real-time market analysis — from emerging industry trends to potential opportunities. It achieves this by swiftly filtering through market noise, enabling businesses to make well-informed corporate strategies.
KSUM is Kerala government’s nodal agency established in 2006 for entrepreneurship development and incubation activities in the state.
