Getting in on the Lucrative AI Pastures

Human beings are capable of doing a lot, and yet there is little we do better than growing on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up our experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown substantially more evident in recent times, and assuming one new fintech development shakes out just like we envision, it will only make that trend bigger and better moving forward.

MDOTM Ltd, the global provider of AI-driven investment solutions for financial institutions, has officially launched a new ChatGPT integration for its proprietary investment platform called Sphere. According to certain reports, the value proposition of this integration revolves around using Sphere’s innate insights and explainability data to generate bespoke portfolio commentaries. By doing so, it will, on a more practical note, make it easier to understand every single portfolio’s unique risk-return profile, positioning, exposure to risk factors, along with other relevant aspects. Talk about Sphere and what does it stand for, it is basically a no-code platform that leverages MDOTM Ltd’s well-known artificial intelligence framework to provide unbiased investment inputs and manage portfolio quite efficiently, while also remaining mindful in regards to conducting the whole operation at a big scale. Interestingly enough, the platform can either be used independently or you can also install it into an existing investment process through a set of specialized APIs. Such a feature, alongside MDOTM’s intuitive AI tools, empowers investment professionals to perform market regime forecasts, build custom market views, create forward-looking investment portfolios, and do much more.

When quizzed regarding the development, Tommaso Migliore, CEO & Co-Founder of MDOTM Ltd, responded by saying:

“Combining OpenAI ChatGPT’s capabilities with our AI platform Sphere is a key step forward to provide portfolio and investment managers with the most sophisticated investment decision-making solution. By leveraging Sphere’s proprietary information and metrics, this new integration will support our clients in having a more holistic picture of what drives their portfolio’s positioning and, ultimately, navigate the investment landscape with unparalleled precision and confidence.”

The launch of a new ChatGPT integration follows up on one CFA Institute report, which revealed how explainable AI is a top priority among Asset and Wealth Management companies. To give you concrete numbers, the report states more than 80% of surveyed investment professionals are looking to integrate AI by the end of 2023. The same is validated through another report where it was Forester’s team of analysts that claimed the market for AI software will grow 50% faster than the overall software market, reaching $64 billion by 2025.

Founded in 2015, MDOTM Ltd’s rise to prominence has arrived on the back of its ability to provide Portfolio Advisory and Asset Allocation services to banks, insurance companies, family offices, pension funds, and wealth and asset managers. Boasting a global presence, the company, at the moment, has a team of around 60 physicists, data scientists, engineers, and finance professionals.