GTCOM and WeBank signed a strategic cooperation agreement in Shenzhen lately, starting cooperation in the application of alternative data. The two sides will explore the field of intelligent asset-management, such as market-psychology analysis, investment signal generation and sustainable investment, and other innovative fintech businesses.
GTCOM Technology Corporation (GTCOM-US) is a fintech and research data analytical company. With advanced NLP technologies and strong research methodology using Alternative Data, we help clients identify proper data sources, categorize and tag unstructured data, create and evaluate the dataset and deliver the in-depth value in the form of dataset, dashboard and analysis reports for the financial and capital markets industry.
WeBank’s AI team has set up China’s first new-generation intelligent asset-management platform based on AI technology and alternative data, in the process demonstrating its value in financial business scenarios such as quantitative fundamental analysis (real-estate business indexes, vehicle traffic monitoring, etc.), macroeconomic monitoring (e.g., road-network density, regional change monitoring, etc.), agricultural insurance (flood loss assessment, assessment of loss due to plant diseases and insect pests), and bulk commodity tracking (monitoring of crude oil reserves, monitoring of crop areas). Additionally, it has created the “AI + ESG investment platform” so as to use AI technology to identify the investment risks and opportunities in unstructured data based on the rating framework of ESG key indicators.
The two parties, having signed the strategic cooperation agreement, will take “AI + alternative data” as the entry point, combine WeBank’s advantages in AI technology and GTCOM’s alternative data capacity–such as market-psychology data–to create an “AI + alternative data” investment-research solution with core features such as market-psychology analysis, investment signal generation and sustainable investment.