BSE has launched an artificial intelligence to track news related to listed companies – Tech2

Stock market major BSE on Monday said it has launched an artificial intelligence mechanism to track "news related to listed companies" on digital media. According to BSE, the artificial intelligence mechanism based on a systemic solution has been envisaged to deepen its regulatory oversight on newer channels of communication. "The primary objective of verification is that the mechanism will detect and mitigate potential risks of market manipulation, rumour, and reduce information asymmetry arising from it on digital media platforms, including social media," the BSE said in a statement. "It provides accurate information involving listed companies and BSE through the exchange website for the benefit of investors." According to the regulated stock exchange, the solution employs an advanced level combination of statistical modeling and big data analytics.