FinovateFall 2011 / RobotDough
Presenter Profile:
How they describe themselves: RobotDough is a startup focused on providing easy-to-use stock market analytical tools to global individual investors. We have data on 45,000 companies traded on almost every major market, including London, Hong Kong, China, India, and 130 other smaller exchanges. Our product line includes a sophisticated stock screener, an investment strategy builder that allows users to develop and backtest investment strategies, and a strategy marketplace.
How they describe their product/innovation: RobotDough is launching a portfolio monitoring service that checks your portfolio companies for any accounting red flags. We’ve developed an extensive set of accounting rules based on forensic accounting analysis that looks for hidden accounting red flags. Every night, after we receive new financial data from our providers, we apply those rules to our database of 45,000 companies to find hidden accounting problems. Users can link their brokerage accounts directly to RobotDough and we will automatically crosscheck our database of red flags with their portfolio companies. If we find any problems, we notify the user immediately, so they can take action before the stock price moves.
Contacts:
Bus. Dev. & Press: Wilton Risenhoover, CEO, wilton@robotdough.com, 213-458-9141