Today, anyone who wants to invest in the capital market needs to gain access to quality research, pay an asset manager, talk to a banker, broker, or some chatbot on a trading site, and all that before considering investment strategy or how much money to invest.
For most of us with a job, family, friends, and a long list of errands, this is too big a task. And so, most people just leave their money in a savings account or turn to a financial middleman. But savings accounts yield low returns, and middlemen often maximize their own good, are one-off sales-oriented, and prefer to serve only the rich.
For this reason, Eldad Tamir, a leading figure in Israeli high-tech and global financial markets, has decided to shake up this old-fashioned investment system by thinking up an alternative that will be science-based, transparent, and totally unbiased, which could serve everyone with any sum. This was the origin of FINQ.
Building on Eldad's decades-long experience in both tech and finance, he gathered a team of experts who could harness the power of AI to develop a 100% objective platform that offers top-of-the-line investment solutions and allows anyone to become a smart investor.
FINQ's engine first collects every bit of data from every source possible, such as hundreds of analysts (professional wisdom), media and social media traffic and trends (crowd wisdom), and company-specific financial information (fundamentals).
It then peels off the marketing wraps of complex products, breaks them down into their basic assets, and, accordingly, assesses their true value and risk.
After pooling together all the data, it uses the power of AI to learn the patterns hidden in such a massive dataset.
This way, we can gain scientific insights about different investing strategies and offer the best solutions suited for every risk level. And since using AI is a continuous learning process that only gets better with time, it allows FINQERS to always keep up to date with the market and respond promptly to changes.