Synechron launches AI data science accelerators for FS firms

#artificialintelligence

These four new solution accelerators help financial services and insurance firms solve complex business challenges by discovering meaningful relationships between events that impact one another (correlation) and cause a future event to happen (causation). Following the success of Synechron's AI Automation Program – Neo, Synechron's AI Data Science experts have developed a powerful set of accelerators that allow financial firms to address business challenges related to investment research generation, predicting the next best action to take with a wealth management client, high-priority customer complaints, and better predicting credit risk related to mortgage lending. The Accelerators combine Natural Language Processing (NLP), Deep Learning algorithms and Data Science to solve the complex business challenges and rely on a powerful Spark and Hadoop platform to ingest and run correlations across massive amounts of data to test hypotheses and predict future outcomes. The Data Science Accelerators are the fifth Accelerator program Synechron has launched in the last two years through its Financial Innovation Labs (FinLabs), which are operating in 11 key global financial markets across North America, Europe, Middle East and APAC; including: New York, Charlotte, Fort Lauderdale, London, Paris, Amsterdam, Serbia, Dubai, Pune, Bangalore and Hyderabad. With this, Synechron's Global Accelerator programs now includes over 50 Accelerators for: Blockchain, AI Automation, InsurTech, RegTech, and AI Data Science and a dedicated team of over 300 employees globally.


wired-Google DeepMind's Untrendy Play to Make the Blockchain Actually Useful

@machinelearnbot

For Silicon Valley, the headline was sweet nectar: Google DeepMind, the world's hottest artificial intelligence lab, embraces the blockchain, the endlessly fascinating idea at the heart of the bitcoin digital currency. The lab's re-imagining of the blockchain has very little to do with AI--or the blockchain, for that matter. If you want AI crossed with the blockchain, try wrapping your head around Numerai, the world's strangest hedge fund. To DeepMind's credit, its new project depends less on trendy ideas than an apparent desire to solve a real problem in the real world--one that involves the most private and personal information. That may not sound sexy, but it matters.


allegro.ai to showcase its deep learning perception platform

#artificialintelligence

Deep learning computer vision startup allegro.ai is set to showcase its latest product offering, hosted at the Intel partner booth (booth #307), during the Embedded Vision Summit which will take place in Santa Clara, California on May 20-May 23, 2019. The company's platform and product suite simplify the process of developing and managing deep learning-powered perception solutions - such as for autonomous vehicles, medical imaging, drones, security, logistics and other use cases. The platform enables engineering and product managers to get the visibility and control they need, while research scientists focus their time on research and creative output. The result is meaningfully higher quality products, faster time-to-market, increased returns to scale, and materially lower costs. The company's investors include Robert Bosch Venture Capital GmbH, Samsung Catalyst Fund, Hyundai Motor Company, and other venture funds.


Affectiva raises 14 million to bring apps, robots emotional intelligence

#artificialintelligence

Affectiva, a startup developing "emotion recognition technology" that can read people's moods from their facial expressions captured in digital videos, raised 14 million in a Series D round of funding led by Fenox Venture Capital. According to co-founder Rana el Kaliouby, the Waltham, Mass.-based company wants its technology to become the de facto means of adding emotional intelligence and empathy to any interactive product, and the best way for organizations to attain unvarnished insights about customers, patients or constituents. She explained that Affectiva uses computer vision and deep learning technology to analyze facial expressions or non-verbal cues in visual content online, but not the language or conversations in a video. The company's technology ingests digital images--including video in chat applications, live-streamed or recorded videos, or even GIFs--through simple web cams typically. Its system first categorizes then maps the facial expressions to a number of emotional states, like happy, sad, nervous, interested or surprised.


Deep Modeling Complex Couplings within Financial Markets

AAAI Conferences

The global financial crisis occurred in 2008 and its contagion to other regions, as well as the long-lasting impact on different markets, show that it is increasingly important to understand the complicated coupling relationships across financial markets. This is indeed very difficult as complex hidden coupling relationships exist between different financial markets in various countries, which are very hard to model. The couplings involve interactions between homogeneous markets from various countries (we call intra-market coupling), interactions between heterogeneous markets (inter-market coupling) and interactions between current and past market behaviors (temporal coupling). Very limited work has been done towards modeling such complex couplings, whereas some existing methods predict market movement by simply aggregating indicators from various markets but ignoring the inbuilt couplings. As a result, these methods are highly sensitive to observations, and may often fail when financial indicators change slightly. In this paper, a coupled deep belief network is designed to accommodate the above three types of couplings across financial markets. With a deep-architecture model to capture the high-level coupled features, the proposed approach can infer market trends. Experimental results on data of stock and currency markets from three countries show that our approach outperforms other baselines, from both technical and business perspectives.