Artquant Ltd., a Skolkovo resident company that develops software for financial markets, has launched a new version of Portfolioand.Me (http://portfolioand.me/en). The website, which allows users to create and edit securities portfolios, is based on artificial intelligence. The new version of the product includes upgrades of the site’s basic features, as well as new functions, from “search by subsector” to sets of pre-made portfolios.
PortfolioandMe strategic menu
Portfolioand.Me makes complicated fundamental analysis easy. Users do not have to be financial experts in order to understand how the website works – knowing the basics of financial markets is enough. Portfolioand.Me features several convenient functions that make working with securities simple. One such function is dialogue mode for creating portfolios – it lets users make a portfolio by answering a few simple questions. Users don’t need to understand complicated financial terminology and dig through every company’s financial reports. Another helpful function is the option to choose a pre-made portfolio from Algolibrary.
Several changes have also been included for those who want to put a portfolio together on their own. Separating stocks by subsector, the option to sort by any field in the “screener” section and the search bar is the header enable users to find the securities they need quickly and effortlessly. After creating a portfolio, users will get advice on how to improve it. The site will also suggest securities that meet the user’s requirements and fit well with the portfolio.
Access to basic functions is completely free and extended functions are available to subscribers. Subscriptions range from $20 to $100 per month.
Pavel Novikov, Head of FinTech Division, IT Cluster, Skolkovo Foundation: “Portfolioand.Me is interesting because it makes the complex things simple. An important advantage of the product is its flexibility: You can create portfolios of securities manually, you can take the help of an algorithm and to build a portfolio by answering a few simple questions, and you can use ready-efficient portfolio. We hope very much that the new tool will be useful not only for novice investors, but also to professionals.”
About Portfolioand.ME
Portfolioand.Me is a tool for the fundamental analysis of the US stock market that is based in artificial intelligence. It is a project of Artquant Ltd. – a Skolkovo resident company that specializes in software development in the field of financial technology.
http://portfolioand.me/
http://artquant.com/
About the Skolkovo Foundation
The Skolkovo Foundation is a non-profit organization founded in September 2010 by the Russian government with the objective of accelerating Russia’s transformation from a resource-intensive to an innovation-based economy. To achieve this objective, the Foundation is overseeing the creation of the Skolkovo Innovation Center, composed of more than 1,000 high-tech startups, Skolkovo Technopark, the Skolkovo Institute of Technology (Skoltech) - a new graduate research University established in collaboration with the Massachusetts Institute of Technology - and Skolkovo city, located near Moscow. Together, these entities establish a vibrant ecosystem of technology innovation and entrepreneurship. Fifty global corporations including Boeing, Cisco Systems, EADS, GE, Johnson & Johnson, IBM, Intel, Microsoft, Siemens, Nokia, Samsung, and Panasonic have already recognized the opportunity Skolkovo presents by signing R&D partnership agreements with the Foundation. The cumulative revenue of Skolkovo’s startups through December 2014 reached $1 billion. They brought in more than $220 million in investment, creating 13,500 jobs and filing over 1,300 patent applications along the way. By 2020 over 2 million square meters of residential and office space will be built in Skolkovo with 35,000 people working daily in the Innovation Center. For more information: http://www.sk.ru/en
Press contacts
Artquant
Alina Chunaeva, Director of Communications
+7-495-792-55-95
info@artquant.com
Skolkovo
Taisiya Yarmak
+79166948826
tyarmak@sk.ru