NewsSource:GTCOMDate: 12 November 2018views:276
The Stanford Forum·INSPIRE was hosted by Global Tone Communication Technology Co., Ltd. (GTCOM) at Stanford University, California on November 8, 2018 (local time), on the theme "Alternative Data: The New Oil." Dozens of experts in data science and artificial intelligence from world-renowned universities such as Stanford University, Santa Clara University, UCLA and UC Berkeley, as well as companies such as PIMCO, Google, Facebook and Thinknum attended the event, where they discussed the use of big data and artificial intelligence to promote innovation in the financial sector.
Stanford Forum·INSPIRE held in Stanford University
At the meeting, Hsi-Ping Wang, vice president of PIMCO, introduced the value of alternative data and explained, through examples, the essential role that alternative data plays in optimizing a company's investment strategy.
Hsi-Ping Wang, the vice president of PIMCO,
delivers a speech titled "The Value of Alternative Data"
Katya Chupryna, the chief data strategy officer of Thinknum, highlighted the value of alternative data in tracking financial data and analyzing trends by demonstrating the company's alternative data analysis platform.
Katya Chupryna, the chief data strategy officer of Thinknum,
delivers a speech titled "Strategy and Competitive Intelligence from the Web"
Stefano Ermon, a professor in the Computer Science Department at Stanford University, shared his research results on the analysis of economic development and agricultural conditions through satellite images and other alternative data, thus demonstrating new industry application prospects for alternative data.
Professor Stefano Ermon, of the Computer Science Department at Stanford University,
delivers a speech titled "Measuring Economic Development from Space Using Machine Learning"
Professor Dong Xiaojing, from the Leavey School of Business at Santa Clara University, combined the practice of scientific research projects to demonstrate the application value of alternative data in the field of e-commerce, such as in analyzing consumer behavior and improving the accuracy of e-commerce intelligence recommendation.
Professor Dong Xiaojing, from the Leavey School of Business at Santa Clara University,
delivers a speech titled "Estimation of Preference Heterogeneity in Markets with Costly Search"
Zheng Qingxiao, the chief data scientist of GTCOM, explored the application value of alternative data in quantitative research, securities stock-index forecasting and commodity trading (e.g., crude oil) as well as GTCOM's in-depth research results in sentiment analysis, market-sentiment analysis and panic-index algorithm.
Zheng Qingxiao, chief data scientist of GTCOM,
gives a speech titled "Alternative Data: The New Oil"
Based on artificial intelligence and big data, GTCOM's latest JoveArch quantitative analysis engine not only provides such fundamental data as macro-financial data, financial data, and third-party data, but also calculates sentiment factors, market sentiments, panic indices and other important reference factors and quantitative analysis models of all factors, in order to help investment institutions spot new Alphas, quantitatively analyze transactions, and improve return on investment. The platform is the world's only quantitative research vehicle with the ability to provide cross-language global alternative data and market-sentiment factor calculations.
Thomas Nigro, the head of GTCOM North America Sales,
moderates the forum
In the free-discussion session, the guests gave high praise to GTCOM's financial solutions. Meanwhile, members of the academic and industry circles proposed constructive opinions on quantitative algorithm standards, market-sentiment calculation and the creation of indexing systems.
GTCOM CEO Eric Yu, during his speech at the forum, announced the launch of the North American business and cut the ribbon with the guests, thereby signaling that GTCOM will further intensify its overseas business presence and explore the global financial and scientific research markets.
Ribbon-cutting at the launch of GTCOM's business in North America