Press Release

Fintech Company “I Know First” is using artificial intelligence and machine learning algorithms to predict financial markets.

FOR IMMEDIATE RELEASE:

Tel Aviv, Israel, Aug 21st, 2016– Fintech company “I Know First” is using artificial intelligence and machine learning algorithms to predict financial markets.

I Know First, Ltd. is a financial technology company that provides daily investment forecasts based on an advanced, adaptable, self-learning algorithm. The company’s algorithm predicts over 3,000 securities (and growing) with capabilities to discover patterns in large sets of historical stock market data.

The algorithm is largely based on artificial intelligence, machine learning, and incorporating elements of artificial neural network and genetic algorithms through which I Know First is able to analyze, model and predict the stock market. The algorithm produces for each asset not only the expected direction, but also the predictability indicator, which is used to identify the most predicable assets. From the start of 2016 until July 15, 2016, I Know First’s algorithm brought in a 42% return versus the S&P 500’s 8.6%.

The algorithm provides both retail and institutional clients with the opportunity to garner strong returns. Retail clients receive investment opportunities on a daily basis as identified by I Know First’s algorithm. There are different stock package options ranging from e.g. best Tech stocks to Top 10 S&P 500, allowing investors to choose specific sectors and industries for tailor-made investing for each individual. Institutional clients have an extended access to algorithmic predictions, which covers not only the best but all of their investment universe, and is tailored to their specific investment approach.

The algorithm was developed by I Know First co-founder and CTO Dr. Lipa Roitman. Dr. Roitman holds a Ph.D. from the Weizmann Institute of Science and has over 20 years of experience in the artificial intelligence field. Dr. Roitman leads I Know First’s Research & Development team to further develop and enhance the algorithm.

CTO Dr. Roitman: “The algorithm is able to create, modify, and delete relationships between different financial assets. Based on the relationships and the latest market data, the algorithm calculates its forecasts. Since the algorithm learns from its previous forecasts and is continuously adapting the relationships, it adapts quickly to changing market situations.”

Led by CEO Yaron Golgher, I Know First has been able to grow its clientele by 400% between 2014-2016: “Utilizing artificial intelligence and machine learning, I Know First helps its clients not only to get an analysis of their portfolio by a self-learning algorithm, but also to identify the next great investment opportunity.”

For more information, visit I Know First.

CONTACT:

Email Address: [email protected]

http://Iknowfirst.com