The online broker Etoro Group Ltd. (Nasdaq: ETOR) announced today how the company utilizes artificial intelligence (AI) to redefine social investment.
Yoni Assia, co -founder and chief executive of Etoro, commented:
“There has been a lot of debate about how to reshape AI invests. It’s not just speculation – this is already happening in ETORO, we don’t expect the future to arrive.
Market data in the palm of your hand and AI actions that enlighten you with the most relevant and accurate ideas tailored to your portfolio and your needs. The ability to create tools that help you overcome markets and call others to use them. ”
Etoro launches a series of AI tools that will turn social investment by creating a Community market for investment based on the top of ETOR’s new API.
The AI tools suite will initially be available to ETORO’s popular investors, a subset of users who are a group controlled by leading traders and investors who meet specific criteria and whose investment strategies can be copied by other users through ETORO Copytrader technology.
“This is more than a knowledge created by AI,” Yoni Assia continued. “With these tools we are not just democratizes of access to markets and data, we create democratization of innovation itself.
Popular investors will have access to a series of AI tools, such as an ETORO MCP (model environment protocol), agents -based services and customizable applications and dashboards. These tools provide uninterrupted access to ETORO’s commercial infrastructure and data, allowing popular investors to create tools for themselves and the ETORO community.
The basic capabilities to be developed include the possibility:
- Develop specialty algorithms and automate strategies.
- Automate the execution of commerce: algorithms driven by AI to execute transactions accurately, minimize delay and maximize efficiency.
- Integrate real -time market data and third -party tools, including analytical data and advanced analyzes, to identify trends and opportunities between stocks, encryption and ETFs, in order to create strategic investment.
- Personalization of portfolio optimization: customized risk -based recommendations, purchase conditions and user behavior.
- Create personalized control panels to monitor portfolios and market activity, including sophisticated risk management tools powered by AI, including value-risk (VAR) and stress-test tests.
- They interact with Etoro’s social food through customizable boiler plates e.g.
Etoro’s focus on strengthening the AI-Explement includes the start of Tori, ETORO’s Companion AI. Tori is a powerful AI assistant that transforms the way users interact with ETORO: answering questions, superficial personalized ideas, guiding them across the platform and helping them better understand the world of investment – throughout the physical conversation.
“The utilization of disturbed technology is in our DNA, from the innovative social investment, offering Bitcoin from 2013, to the development of learning machines for building portfolios, we are committed to utilizing new technologies for the benefit of our users and our business.
“Tori, our partner AI, answers questions, personalized ideas and guides users across the Etoro platform. Tori supports all of our innovations and will evolve as our platform evolves, helping our users to exploit in the midst of Etoro.”
Etoro started seven Alpha portfolios as part of the Smart Portfolio offer. These strategies fueled by AI are made using advanced analysis of Etoro’s privately owned retail data to give Etoro users access to exclusive strategies based on percentages commonly used by Risk compensation funds.
“Strategies such as they have traditionally inaccessible for simple investors, as they usually come with high entry barriers, expensive management fees, restrictive locking periods and less transparency in the distribution of assets,” Yoni Assia said. “Our Alpha portfolios combine AI with one of the largest sets of retail data in the world to provide real, active value to retail investors. They show our commitment to exploit the benefit of our community.”