Perhaps it seems like a tall tale to some, but our vision is that artificial intelligence can transform the way we approach trading and market analysis. It started with our mission to build an AI/ML autonomous trading system, which evolved into the development of our Trading Co-Pilot – the AI tool for trading which we believe will reshaping the landscape of financial markets.
Of course, over the past few years, we’ve witnessed a huge surge in the application of AI in financial markets yet many solutions fall short of truly enhancing human capabilities. Our motto is simple: let’s radically improve decision time and quality, leading to increased P&L for trading desks.
The birth of our AI tool for trading: Our Trading Co-Pilot
Internally, we had been toying with the idea of an AI-powered trading assistant for some time. Against the odds, our team of experts with backgrounds in financial services and AI/ML set out to create something truly transformative and it was a long time in the making. Initial attempts provided a boost to our confidence as we knew we were onto something exciting, but we knew we needed to go further to have something that was ready to go-to-market with.
And so, as our startup painstakingly developed an AI tool for trading that uses all global news sources to understand the world’s sentiment about an asset. This little (or not so little) guy can swim through oceans of data, extracting valuable real-time insights that enhance the capabilities of human analysts and traders. Our philosophy here is this: there is an edge in the world’s perception of an asset versus its current price. In many ways, this premise has guided our entire approach to developing our AI tool for trading – and if you are a corporate trader, now it can be in your hands also.
From dashboard to Trading Co-Pilot
The first step in our journey was creating a dashboard to explain how our machine was making its decisions. Which makes this transparency crucial – we believe that for an AI tool for trading to be truly effective, it must work in harmony with human traders, not replace them. As debates rage over the role of AI in finance, we’ve taken a clear stance. Our AI tool for trading, evolved into a Trading Co-Pilot, enabling human traders to make better decisions by providing them with unparalleled market intelligence updated every 30 seconds, right round the clock.
The power of global sentiment analysis
Endless hours of development have gone into ensuring our AI tool for trading can accurately capture and analyse global sentiment. The lessons learnt along the way include the importance of diverse yet high-quality data sources, addressing bias and the need for continuous fine-tuning of our algorithms.
Fundamentally, markets are inherently complex and dynamic. Political and economic crises come and go, but our AI tool for trading is designed to adapt and provide valuable insights regardless of market conditions. We believe that less frenzy and more simplicity is needed in the world of trading, and that’s exactly what we’re striving for with our Trading Co-Pilot.
Enhancing human decision-making
One element is clear: our AI tool for trading is not about replacing human traders but empowering them. By providing comprehensive market analysis and sentiment insights through our Trading Co-Pilot, we’re enabling traders to make more informed decisions faster than ever before.
Some of the present chatter in the industry focuses on fully autonomous trading systems. While we’ve developed capabilities in this area, we believe the real power lies in the synergy between human intuition and machine intelligence. Our AI tool for trading processes vast amounts of global news and market data, providing traders with a clear picture of market sentiment. This capability is particularly crucial in today’s fast-paced markets, where information flows at an unprecedented rate.
Looking to the future
As we continue to refine our AI tool for trading, we’re constantly exploring new ways to enhance our offering, always with the goal of providing more value to our users and this is made possible by our early-stage users who are providing us with a continuous feedback loop. Ultimately, the future of trading is undoubtedly intertwined with AI, and we’re proud to be at the forefront of this transformation. We firmly believe that our team’s expertise in both finance and AI positions us uniquely to develop tools that truly understand and address the needs of traders.
Final thoughts: Empowering traders with AI
In a world where market dynamics can shift in the blink of an eye and trading losses can be eye-watering, tools like our AI-powered Trading Co-Pilot are becoming increasingly crucial. By leveraging the power of global sentiment analysis, our AI tool for trading enables traders to stay ahead of market movements and make more informed decisions.
Experience the power of our AI tool for trading for yourself. Whether you’re trading commodities, equities, or cryptocurrencies, our Trading Co-Pilot can provide you with unparalleled insights and a competitive edge. To learn more about how our AI tool for trading and our newly launched API for commodities can enhance your trading strategies, contact us at enquiries@permutable.ai or fill in the form below.
