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Fintech

Aiera, The Street’s Leading Event Intelligence Platform, Launches AI-Powered Event Summarization Across its Full Coverage of Earnings Calls and Conference Presentations

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Users can now view quick and digestible “Cliff Notes-style” recaps of the most pertinent details from any event, increasing discoverability and boosting the productive consumption of management commentary on the Aiera platform.

New York, New York–(Newsfile Corp. – January 19, 2023) – Aiera, the Street’s leading financial event intelligence platform, is announcing the launch of AI-Powered Summarization of all Wall Street events, including earnings calls, conference presentations, shareholder meetings, and more. Aiera built this first-of-its-kind Summarization tool across its superior coverage of earnings calls and corporate transcripts (50,000+ events per year across 12,000+ global equities), automatically distilling every event down to the key points in a clean, digestible format.

This advancement is further evidence of the company’s continued expansion into new markets and the deepening role of speech technologies across all areas of finance.

“Aiera began by making investor event access easy and intuitive,” said Ken Sena, Co-Founder and CEO of Aiera. “Summarization, which is available now for public and private events, including collections of events such as conferences, extends this journey. Further, it highlights the importance of our leading coverage breadth and years of KPI and topic detection work, which are key not only to summarization but to our quest in delivering our clients a better insight and experience.”

Aiera’s Summarization offers notable utility to its users:

  • Easy Access & Speed: Aiera users can view these automated summaries by simply opening any event via the desktop or mobile app. Summaries are found at the top of the transcript, and are populated in near-real-time following an event’s completion.
  • Direct-to-Inbox Delivery: Summaries can be emailed directly to a users’ inbox.
  • Conference Intelligence: Users can view high level takeaways on an entire conference by reviewing summaries of all presentations from a certain event.
  • Systematic Ingestion: Event summaries are able to be programmatically pulled via API into a firm’s internal system, RMS, or data model.
  • Private Event Summarization: Customers who utilize Aiera’s speech-to-text tools for their own private events can have summaries built for their events.

While there has been a significant amount of recent press coverage with the release of several major conversational chatbots that collectively represent an enormous leap forward in summarization and abstraction, it’s worth noting that Aiera’s new summarization does not utilize any of them. Rather, Aiera’s approach blends an extractive and abstractive approach to surface what is truly important to the discussion from a financial perspective.

“There are still inherent limitations to succinctly summarizing financial transcripts using a highly generalized model,” said Bryan Healey, Co-Founder and CTO of Aiera. “Instead, we sought to create our own hyper-specialized models that leverage Aiera’s leading universe of earnings calls, conference presentations, shareholder meetings, and other major events. Aiera’s extractive and abstractive modeling work in tandem to deliver an intelligent explanation of any event with unprecedented speed-to-market, always tailor built for our customer’s needs.”

To learn more about Aiera Summarization, read the one pager or watch the 30-second video.

About Aiera:

Aiera is the only live event monitoring & financial search platform covering all available Wall Street events, providing real time transcription, one-click audio streaming, DVR-style live audio controls, smart document search, dynamic alerts, and seamless team collaboration via bookmarks and note-taking. Aiera covers over 50,000 earnings calls, investor events, and conferences annually (with a 95%+ live connection rate), spanning more than 12,000 global equities; all accessible via desktop, mobile app, API, and iFrame. To learn more, please visit aiera.com.

Contact Info:
James Setzer
Vice President of Marketing, Aiera
[email protected]
(646) 960-8207

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151876

Fintech

Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator

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Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.

GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”

Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”

The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.

The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .

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Fintech

Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets

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Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.

As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.

With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.

Supervision by International Regulatory Institutions to Ensure Top-Tier Safety

As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.

Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.

Dedication to Shape the Industry with Innovative Solutions

Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.

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This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.

Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.

Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!

E-mail: [email protected]

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Fintech

Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation

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Fintech is on an accelerated trajectory of investment, collaboration, and innovation. This pulse tracks the most significant developments in the sector, from high-profile investments to global platform expansions. Each update in this briefing serves as a key indicator of where the industry is headed.


1. European Fintechs Face Regulatory Pressures Amid New Investment Surge

The European fintech sector finds itself at a crossroads with increasing scrutiny and rising costs due to stringent regulations. While investments continue to flow into the continent’s financial technology companies, challenges in meeting new compliance requirements, especially around data privacy and cybersecurity, create a complex landscape for scaling. This tension between opportunity and operational limitations might affect European fintechs’ growth strategies.

Source: Financial Times


2. Shopify, Slack Founders Join Peter Thiel in Fintech Investment Push

Tobi Lütke of Shopify and Stewart Butterfield of Slack, along with investor Peter Thiel, have co-invested in a new fintech initiative that aims to bolster small business access to capital. By merging technology with a streamlined funding model, this new initiative targets underserved SMBs, highlighting a broader trend of high-profile tech leaders pivoting to fintech investment. The participation of Lütke and Butterfield signals increased cross-sector collaboration in fintech, bringing expertise from e-commerce and communication technology into the financial arena.

Source: Yahoo Finance


3. Lean Technologies Raises $67.5 Million to Drive Fintech Innovation in the Middle East

Riyadh-based fintech platform Lean Technologies recently secured a $67.5 million Series B investment round, aiming to expand its operations across the Middle East. This funding reflects growing investor interest in emerging markets and the potential of Middle Eastern fintech to bridge regional gaps in financial services access. As Lean Technologies broadens its service offerings, the funding will support further technological integration and scalability across financial ecosystems in the region.

Source: Fintech Global


4. Apollo Global Management Invests in Fintech for Private Offerings Support

Apollo Global Management has taken steps to enhance its services for private offerings by investing in specialized fintech solutions. This development signifies a growing trend among private equity firms to adopt fintech as a core component in their service expansion, particularly for personalized client services. Apollo’s strategy of integrating fintech solutions into private offerings marks a strategic shift toward digitalization within traditional financial sectors.

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Source: Bloomberg


5. Juniper Research Names 2025’s Future Leaders in Fintech

Juniper Research has revealed its picks for the top future leaders in fintech for 2025. This list emphasizes innovation in fields such as AI, open banking, and decentralized finance, highlighting startups that exhibit potential for reshaping industry standards. As these up-and-coming firms push the boundaries of traditional finance, they exemplify the rising tide of next-generation financial technology poised to become industry mainstays.

Source: Globe Newswire


Conclusion

The convergence of seasoned tech giants with fintech, new funding rounds for region-specific platforms, and the rise of future industry leaders underscore the momentum of the fintech sector. Each of these stories reflects a broader narrative: fintech is not only diversifying in services but also rapidly integrating into traditional finance and tech, paving the way for a transformative era.

 

The post Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation appeared first on HIPTHER Alerts.

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