MIPT: AI news service for financiers

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2024: AI service development for financiers

Innovators from MIPT have developed an AI news service for financiers. The university announced this on December 10, 2024.

The technological solution proposed by the development team from MIPT is able to quickly analyze the news flow on the topics "investing" and cryptocurrencies"." Collection and processing information takes place without human involvement, which minimizes the risks of making a false idea of ​ ​ the current situation in the financial market. 

Analyzing the news stream exclusively using AI will eliminate emotional color and the ability to skip some of the information from view. But this applies only to one of the scenarios for using the AI service, namely, the preparation of a brief operational report. If we are talking about deep market analytics, then you cannot do without a person. The initial report, prepared using digital tools, comes to the editor, who already complements it with the assessments of industry experts. In this case, if instant multiple analytics is needed, you can skip the stage of transmitting content maker information. 

No, we don't think emotionality in messages is always bad. But it is difficult to argue that people react more to bright news, so often authors turn the slightest news into armageddon to recruit an audience. Emotions on the part of the author are also part of the analysis, so, undoubtedly, he should be present in the reviews. But due to the excessive emotional color, the essence of the news can elude readers or simply mislead them, continues Dmitry Deryugin.

An AI service is only a digital assistant that simplifies the search, systematization and analysis of the semantic field of content in the media. Also, thanks to the use of language models, the consumer will be able to quickly, if not instantly, process the newly released news, as well as receive statistics on a huge amount of news from various sources. 

The problem of predominance in the news flow of information noise is characteristic of the entire media field, but in the financial and cryptocurrency spheres this situation has direct economic consequences - it leads to significant temporary costs for making investment decisions. In the conditions of market trade, every minute has its own value and a huge number of traders face this problem, many of whom draw information from social networks, "said Dmitry Deryugin, author of the project, student of FACT MIPT.