Israeli startup BridgeWise has inked a strategic partnership with Elon Musk’s X to plug financial conversation feeds into its AI financial intelligence platform to help investors capture market sentiment in real time and make better-informed decisions where to park their funds.
“Markets move on more than just numbers; they move on what people are saying, thinking, and feeling at any given moment,” said BridgeWise co-founder and CEO Gaby Diamant. “By plugging X’s data stream into our engine alongside our deep fundamental and technical analysis, we are helping our clients cut through the noise to see what actually matters.”
Diamant said the partnership with X announced last week provides the startup with access to the world’s largest and most active platform for real-time financial conversation, turning it into a quantifiable tool alongside its fundamental and technical analysis to help investors make well-informed decisions about stock picking.
“The partnership with X fits into our vision to provide full-scope intelligence on every traded security, from fundamental and quantitative analysis to real-time sentiment intelligence,” said Diamant.
Founded in 2019 by Diamant, Dor Eligula (CBO), Or Aligula (COO), and Mor Hazan (CPO), BridgeWise has built a financial intelligence platform that uses machine-learning algorithms trained on more than 20 years of historical data and generative AI to provide analysis and recommendations to wealth advisers, banks, brokerages, trading platforms, and global stock exchanges.
The startup says its platform uses proprietary AI to generate analysis reports of more than 90 percent of global securities, across 20 languages, to help investors act on informed financial insights. BridgeWise’s natural-language AI conversational chatbot adviser — Bridget — provides regulatory-compliant investment insights as well as buy-or-sell recommendations on any security based on users’ existing portfolios and other data.
The startup said the integration of billions of unstructured social conversations by X-users into its generative AI intelligence platform processes them into clear insights that investors can act on. Institutions and investors alike can monitor sudden shifts in market mood and identify emerging trends before they hit the mainstream, Diamant said. It will also help investors spot risk factors around a company’s stock such as short selling, pump-and-dump patterns, or toxic online discourse, he added.
“Up until recently, financial advisers were confined to securities a bank’s research team has researched, and the rest of global securities is a black box for them,” said Diamant. “We are opening opportunities to more than 70,000 different global securities for advisers to act on.”
BridgeWise said its AI investment intelligence platform, including specific buy-and-sell recommendations for stocks, is compliant with regulation in over 15 different geographic territories.
“We are not only enhancing the efficiency and accuracy of investment decisions, but also ensuring that these decisions are made within a secure and compliant framework,” said Diamant.
BridgeWise’s investment intelligence platform is used by 110 financial institutions and reaches 25 million end users worldwide. Among its clients are Israeli banks, including Hapoalim, Leumi, and Mizrahi Tefahot Bank, as well as global stock exchanges in Switzerland, Japan, and Brazil. To date, the startup has raised $35 million from investors, including California-based venture capital firm Group 11, led by Dovi Frances, SIX Group, and L4 Venture Builder.
Source:
www.timesofisrael.com
