Author: TechRules

TechRules in the new covid era: helping companies achieve their goals

By TechRules

While adapting its own team to the new challenges imposed by the pandemic, TechRules has been key in the improvement of innovative digital tools that have been helping companies like santalucía to interact with their clients in the most effective way.

 

The Media and IT director of  santalucía Asset Management,  Damián Fraire, has talked about how they have been ahead of the pandemic, working in solving  new customer needs with specific innovations that will impulse talent in the new scenario.

 

In terms of the future of the wealth management Freire talked about how the Covid has affected the industry and how santalucía was already facing this new challenges: “ the wealth management industry has to address those problems the pandemic has exposed, and santalucía Asset Management was already born as a 100% digital manager,  having a digital relationship with our saving agents and what is more important, with our direct customers through our digital platform. This digital interaction has allowed us to communicate with intern and extern clients in an agile and proactive way, making this a key feature in the situation we had been living. Our technological adaptation also allowed us to have a complete team teleworking in a short period of time.

 

The main digital advantage for santalucia´s customers is that they are the centre of their strategy. This is why they have an onboarding solution (digital registration) for customers based on Cloud (contract management, online documentation, KYC (know your customer), MIFID profiling, etc) and they offer a digital version of their products and services, with an electronic signature advanced process, and all the protection and security mechanisms that keep all the client´s information safe.

 

As other digital projects to highlight in with TechRules has been closely working with this financial entity we have the actual personalized relationship digital model and new Cloud solutions for developing a wide range of “front to back” activities. For the post Covid era, Freire says they are making an strategic review to identify which economic and social changes are coming and be ready to fulfil the digital needs. The main pillars are focused on supporting customers on their digital transition, creating new tools and apps that will empower them and constructing new ways for managing documentation and contracts.

 

Artificial Intelligence, Machine Learning, Big Data or Blockchain are some of the tools companies like this are using to achieve their new goals, and TechRules has years of experience helping enterprises to be every day more efficient on their communication with clients, helping them and their agents to take the best investment decisions.  This company is always working in a continuous improvement process, and their vision is centred on seeking and generating cases that allow them to accelerate the implementation of this new helpful technologies. It is very important to give managers and saving agents artificial intelligent tools to identify systematic biases in investment decisions, use Blockchain to optimize fond distribution and enforce our cyber security using new algorithms to analyse and detect fraudulent activity.

Get ahead of the market with our new market sentiment tool

By TechRules

Market sentiment is usually a blurred expression, because it appeals subjective appreciations about investors and markets and non-defined explanations about their actions. Everything that is weird is linked to “market sentiment”. However, market sentiment exists and it can be analysed in a useful way for investment strategies. Artificial Intelligence and computing tools, as Natural Language Processing and Machine Learning help us measure it and get interpretations to take decisions based on unbiased data.

 

Is it only a solution for professionals? No, T-Advisor has added a new feature in the interface to offer market sentiment data. How does it work? We have developed our own algorithm that reads all texts from Twitter and Google News related to listed companies in a market. Then, it measures the positive, neutral or negative meaning associated to those texts and words and the companies and translates into points from 0 to 10. Every T-Advisor user can see a ranking with the top-5 expressions and words for each company.

 

At the end, the algorithm produces a sentiment score. Our platform provides a chart where each company appears in a place depending their combination between sentiment score and the T-Advisor score. Both figures are compared, one related to subjective sentiment and one based on quantitative analysis. So, investors can watch at a glance all companies: the better companies are the ones with higher T-Advisor score and sentiment score, that means, on the upper right side of the chart.

 

 

 

 

This historical chart shows the evolution of the market sentiment through Natural Language Processing against the price of the asset. As it is easy to perceive, market sentiment is an advanced indicator of the price.

 

 

 

Currently, the solution is working only in English for listed companies in Nasdaq and FTSE, but it will be progressively applied for more international markets and other languages. Additionally, every top-5 market sentiment expressions about a company is linked to its own T-Report. This is just a tasty bite about what T-Advisor offers their users to take the best investment decisions with top information from the cutting-edge technology for finances.

 

Many could wonder if this market sentiment feature is useful for their investment strategies. Of course, it is! Because what is spoken or published about a company may predict future trends and anticipate to markets. This kind of information was available only in expensive and exclusive delivery reports. Technology has contributed to democratise access to this data and offer the same opportunities for small investors to maximise their returns.

 

T-Advisor has done it again!

Introducing TechRules, by the Wealth Mosaic

By TechRules

The Wealth Mosaic, one of the most powerful resources of information and knowledge for the global wealth management industry, has published its new Wealth Tech Views Report, focused on how companies use technology to engage with clients, and in this opportunity TechRules has had the honour to be featured among the most influent teams of the moment.

 

Jaime Bolívar´s interview: modular solutions for advisers and final customers

By TechRules

The Duomo Initiative interviews our Managing Director, Jaime Bolívar, who talks about how TechRules has provided knowledge and technology for more than 20 years in financial for all market segments, as private banking, retail banking and professional advisers. How the company has  enlarged its portfolio solutions with T-Advisor and the new robo-advisors for professionals and final customers. In this video Bolívar talks about  how can you use very helpful tools  to create your own portfolios and monitor the main ratios just in a click.

 

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TechRules, ready to show their solutions in the Private Banking Conference: Switzerland 2016

By TechRules

 

TechRules, the leading consultancy and wealth management software provider for financial entities, is ready to show their solutions in the next “Private Banking Conference: Switzerland 2016”, that will take place next Thursday 8th December

 

TechRules will take part in an active discussion about the future of the wealth management industry. We are living steady and quick changes due to the technological evolution and as companies as customers wonder a huge list of questions: meeting the customer demands, effects of a great deal of regulations, new challenges under the current market conditions, amongst others. In the Conference, industry experts will discuss about the answers.

 

The company will take part in the Conference with a keynote session about the role of digitalisation and new technological developments: global platforms, innovative solutions or the role of the broadly known roboadvisors. In our stand in the Conference, we will also show demos and solutions that have provided the current success with cutting-edge technology developed by a team of experts in both fields: ICT and finances.

 

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The TechRules Business Development Director, Mr. Borja Chapa, who will hold the session, explains that “our company has a long history of successful stories with their customers, because we develop specific and flexible solutions to tackle a wide range of activities. We consider that accurate reporting, modular easy-to-use platforms and value added services that improve the relationship with the final customer are key to develop a strong business in the current financial landscape. We think that the private banking industry faces a turning point, as people ask for more technology, although they do not reject the direct relationship with the wealth manager. On the contrary, they are looking for a new model that combines the best of both. This model is what TechRules always promoted and still do it. We provide the appropriate technological solutions, so that wealth managers uses them as a tool to improve the contact with the current savvy investors”.

 

Key references for TechRules in the Private Banking Conference: Switzerland 2016
• Contact: Mr. Borja Chapa, Business Development Director
• Session 3: “The Next Wave of Digital Investors and the Role of Roboadvisors” at 15.00h
• Marriot Hotel, Zurich.

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TechRules will take part in the discussions about the future trends of retail banking in Vienna

By TechRules

 

TechRules, the leading consultancy and wealth management software provider for financial entities, will take part actively in the discussions about the future trends of retail banking in the 14th Annual Forum that will take place next 12th and 13th October in Vienna.

 

In this new edition, the forum proposes relevant panels about hot topics in the financial industry, as the digital disruption, regulation, fintech boom or mobile innovations, amongst others. TechRules, a company that provides solutions in this field for more than 15 years, considers that the event is key to learn and show the next trends that will be dominant in the branch. In this long time, TechRules has had several retail banks in its portfolio . The company has developed solutions focused in improving the customer management, offer new products and implement cutting-edge technology.

 

The TechRules Business Development Director, Mr. Borja Chapa, explains that “our company has a long tradition working with retail banks. The business in this field has substantially changed, because the customer asks for more technology instead of going to the office”. That is why these banks have to implement powerful global platforms to manage their investments products, contact the customers and offer a full service. Banks have also to tackle with digitalisation and mobile developments. We consider that the retail banking industry has to focus in new implementations of easy-to-use digital tools that can be managed by the customer in their smartphones. Our solutions suit this trend, which is more than a trend: is the current reality”.

 

Key references for TechRules in the 14th Annual Retail Banking Forum in Vienna.

 

Contact: Mr. Borja Chapa, Business Development Director.

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TechRules participating in the Innovative Finance Global Summit in London

By TechRules

 

The Innovate Finance Global Summit 2016 celebrated the latest developments in FinTech at the historical heart of financial services: London

 

  • Global participation: 1000 + key decision makers in FinTech and financial services
  • Member and Community Pavilion: 100 + FinTech startups and global FinTech hubs exhibiting at #IFGS2016
  • Plenary Stage: VIP keynotes and compelling panel discussions from FinTech visionaries
  • Innovate Finance Member Showcase Stage: Dedicated stage featuring demos and discussions showcasing the best in FinTech by our members
  • Bespoke sessions by Programme Partners: Workshops and roundtable discussions by world-class organizations

 We want to thank to all the organizations we had the opportunity to meet and exchange ideas.