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Sentifi Brings Market Insights from Social Media to Bombay Stock Exchange

Sentifi Brings Market Insights from Social Media to Bombay Stock Exchange

Sentifi_homepage_March2017

Courtesy of a new partnership with the Bombay Stock Exchange, Sentifi will begin providing Asia’s first (“and fastest”) stock exchange with social media updates on 40,000 stocks, currencies, and commodities from around the world. The updates will be available on the Bombay Stock Exchange website and will include a ranking of the most widely-discussed stocks, a longitudinal comparison between market attention and stock price, “most relevant and influential voices,’ trends driving market attention, and more. The goal is to make it easier for investors to take advantage of the most relevant information and market sentiment data available on social media while at the same time avoiding “information overflow.”

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Pictured: Sentifi founder and CEO Andres Bally demonstrating Sentifi Alerts at FinovateEurope 2017 in London.

Explaining his company’s technology, Sentifi founder and CEO Andres Bally said “With an AI-based technology platform built over the past four years, Sentifi extracts insights of billions of (data points) while at the same time reduces this information to a summary of a handful (of) events and pattern events driving market attention and (the) valuation of stocks.” Bally credited the combination of the “social media sharing culture” with big data and self-learning algorithms for making technology like Sentifi’s possible, adding that “the financial information market is in a paradigm shift providing a better understanding of market attention and financial value drivers than ever before.”

Founded in 2012 and headquartered in Zurich, Switzerland, Sentifi demonstrated Sentifi Alerts at FinovateEurope 2017, and unveiled its MySentifi ecosystem last fall at FinovateAsia 2016 in Hong Kong. Winner of the Swiss Fintech Award in 2016, Sentifi has raised more than $7 million in funding from private investors in New York, Hong Kong, and Singapore, as well as the company’s native Switzerland.