Text-based analysis has long been an indispensable part of the financial technology industry, enabling organizations to quickly and accurately process large volumes of data. It can also identify emerging trends, detect fraudulent activity, and identify potential risks in financial markets. A survey by Accenture found that 78% of financial services companies are already utilizing text analytics, with the majority of them using it for customer service and fraud detection.
However, a new trend today dominates the financial technology industry: voice tone analysis. Text-based analysis alone is missing 38% of the message found in voice tone.
A recent Nasdaq article said of text-based analysis: “The technology once the standard for autonomously analyzing company earnings and other corporate releases, predictive modeling and natural language processing of corporate text-based communications, is becoming increasingly less effective as investor relations specialists and technology providers offer solutions that allow corporates to better optimize their language to maximize the sentiment of these bots.”
Pioneering The Voice Tone Intelligence Sector
Voice tone intelligence is currently the emerging trend in the finance industry, as investors and advisors alike recognize this technology’s potential. Helios Life Enterprises is the vanguard of this new trend, pioneering voice tone intelligence to guide investors toward making more intelligent and profitable decisions.
With Helios’ voice tone intelligence, investment firms and finance professionals can understand the voice features of executives and anticipate the level of volatility that could result in the future just from how executives speak.
“The tone of voice is more complex to manipulate than the spoken and potentially scripted words,” co-founder and chief scientific officer Dr. Gerwin Schalk shares.
“Our technology can identify nuances in the voice tone that may indicate underlying sentiment, allowing accurate analysis of what is being said in corporate calls. This fundamentally enhances the analysis of corporate communication and allows investors to understand the full message better,” he adds.
Helios’ recently launched “Helios Voice Summation Index (VSI)” is a proprietary algorithm that generates a daily index value, representing a forecast of the forward 30-day annualized volatility. The VSI understands the voice features of executives and anticipates the level of volatility that could result in the future based solely on the tone of their voice.
This technology also measures executives’ uncertainty from their voice tone and pools the results across all executives from all public firms that had a call on a particular day, thus improving prediction accuracy.
The Hottest Fintech Tool Today
Helios Life Enterprises has seen a meteoric rise in the rapidly growing financial technology industry with the release of its groundbreaking voice tone AI tool. It has launched three new offerings: Comprehend: Elite, Comprehend: Composites, and the Helios VSI (Voice Summation Index), which enabled the company to grow its sales by 450% year-over-year.
Since its beta launch in October 2020, Helios is now supplying customers with over one million data points for analysis in its flagship Comprehend: Elite product alone. It has also doubled its neurolinguistic tonal features, allowing for improved analysis algorithms; expanded its coverage to include tonal fingerprints for 4,500+ equities and their executives (10K+ executives); and increased the types of audio events covered. As a result of all these changes, the team has seen accelerated adoption from high-profile clients in the institutional investment space.
Furthermore, the company was selected as a finalist in the Artificial Intelligence (AI) category for the 15th annual SXSW Pitch (formerly SXSW Accelerator). The event features leading worldwide startups with the most impressive technology innovations. Out of the 731 companies that applied to present at SXSW Pitch 2023, Helios was selected among the 40 finalists spanning eight categories.
The company’s success has been further solidified by different organizations and news outlets recognizing its technology. Helios was hand-selected out of thousands of applicants by TechCrunch to compete in the Startup Battlefield 200. Te company has been featured in major worldwide publications, including Nasdaq, Entrepreneur, International Business Times, and many more.
Zeynep Yenisey
Director of Marketing
zeynep@helioslife.enterprises
518-212-7163
