Selerity, a workflow automation company, is launching the Private Context Engine (PCE) and Trade Opportunities, a suite of A.I. powered analytics for bond sales & trading.
PCE uses proprietary natural language processing (NLP) to extract trade-related metadata from digital communications (chat, e-mail) between the sell-side and buy-side, powering next generation analytics for credit professionals.
“The bank of tomorrow relies on data rather than memory," says Ryan Terpstra, Founder & CEO, Selerity, "Our technology enables credit professionals to target opportunities in a data-driven way and generate more revenue while using less balance sheet."
In addition to detecting financial entities and instruments in digital communications, Selerity PCE is the first NLP engine capable of extracting comprehensive trade objects: inquiries, quotes, executions, price, size, direction, and amendments specific to bond sales & trading. This capability unlocks powerful analytics like Trade Opportunities.
Trade Opportunities is an analytics module that finds revenue generating prospects by detecting client inquiries for which there was no subsequent execution or response. The solution helps sell-side professionals better understand the industries, sectors, companies, instruments, and other financial concepts their clients are interested in. This enables credit desks to cross trades quicker, perform customer analytics, and make more money.
“We take a differentiated approach in applying machine learning to chat and other digital communications," says Florian Leitner, CTO of Selerity, "trader talk is short, informal and full of industry-specific vocabulary. Our A.I. is trained specifically for this domain which gives us an edge."
Selerity is a financial technology company using proprietary A.I. to deliver content and data solutions designed to automate inefficient workflows in finance. The Company’s clients range from sophisticated asset management firms and banks on Wall Street to innovative media and technology companies serving retail investors. Selerity’s flagship product, Selerity Context, offers contextual search & automation solutions for the capital markets and digital wealth industries, while the Company’s event data powers trading, risk, and investment models used by retail and institutional investors.