Nowcasting.ai, Inc. (20240346597). INTEGRATED INVESTMENT STRATEGY GENERATION AND MANAGEMENT SYSTEM WITH ENHANCED FUNCTIONALITIES simplified abstract
Contents
INTEGRATED INVESTMENT STRATEGY GENERATION AND MANAGEMENT SYSTEM WITH ENHANCED FUNCTIONALITIES
Organization Name
Inventor(s)
Damiàn Ariel Scavo of Menlo Park CA (US)
INTEGRATED INVESTMENT STRATEGY GENERATION AND MANAGEMENT SYSTEM WITH ENHANCED FUNCTIONALITIES - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240346597 titled 'INTEGRATED INVESTMENT STRATEGY GENERATION AND MANAGEMENT SYSTEM WITH ENHANCED FUNCTIONALITIES
The abstract describes a method for generating personalized investment responses using artificial intelligence models and real-time market data.
- The processor receives input from a user, such as text or audio prompts.
- The input is processed using an artificial intelligence model to extract information.
- A plurality of responses is generated using generative AI models with the extracted information.
- The responses are connected to real-time market data and exclusive datasets to enhance quality and relevance.
- A personalized investment recommendation is generated for the user based on the responses.
Potential Applications: - Personalized financial advice - Investment portfolio management - Risk assessment in investment decisions
Problems Solved: - Providing tailored investment recommendations - Utilizing AI to process user input and market data - Enhancing the quality of investment advice
Benefits: - Improved investment decision-making - Customized financial strategies - Efficient use of AI technology in investment planning
Commercial Applications: Title: Personalized Investment Recommendation System This technology can be used by financial institutions, investment firms, and individual investors to optimize investment strategies, improve portfolio performance, and enhance overall financial decision-making processes.
Questions about Personalized Investment Recommendation System: 1. How does this technology ensure the security and privacy of user data?
- The system likely employs encryption and secure data handling protocols to protect user information.
2. Can this system adapt to changing market conditions in real-time?
- By connecting to real-time market data, the system can adjust investment recommendations based on current market trends.
Original Abstract Submitted
a method for generating personalized investment responses comprising receiving, by a processor, input from a user, the input comprising at least one of a text prompt or an audio prompt processing, by the processor, the input using a first artificial intelligence (ai) model to generate extracted information generating, by the processor, a plurality of responses using generative ais with the extracted information as input; connecting, by the processor, the plurality of responses to real-time market data and exclusive datasets to improve quality and relevance of the plurality of responses; and generating, by the processor, a personalized investment recommendation to the user based on the plurality of responses.
