Artificial Intelligence Model Guiding Open-Bank Customers in Stock Purchases
Openbank, a leading financial institution, has taken a significant step forward in the world of investment with the introduction of an AI-based analysis model for its securities portfolio offering in Germany. This innovative tool, developed in collaboration with EyePerformance, provides investors with valuable insights and support in their investment decisions.
The AI tool offers price targets for over 1,000 European and US stocks from the STOXX Europe 600 and S&P 500 indices, capturing and analysing parameters and insights from a large volume of data. The models used by the tool are trained, optimized, and updated daily, ensuring that customers have access to the most current and comprehensive information.
Christopher Oster, the General Manager of Openbank Germany, emphasized the importance of this offering, stating, "We are committed to providing our customers with the best possible tools to make informed investment decisions. This AI-powered tool is a testament to our innovation strategy and our dedication to delivering cutting-edge solutions."
The models used in the AI tool are designed to continuously improve the accuracy of price forecasts, based on historical data. This means that as more data is analysed, the tool becomes increasingly accurate and reliable.
The new tool is part of Openbank's broader innovation strategy, offering customers a unique opportunity to make investment decisions based on comprehensive information. With the AI tool, investors can make more informed decisions, potentially leading to better returns and a more secure financial future.
The partnership between Openbank and EyePerformance marks a significant milestone in the development of AI-based investment tools. The exact duration of their collaboration is not specified in the available information, but it is clear that this is a long-term commitment to revolutionizing the investment landscape.
In conclusion, Openbank's AI-powered investment tool offers a game-changing opportunity for investors. By providing price targets for over 1,000 European and US stocks, the tool supports investors in their investment decisions, enabling them to make informed choices based on comprehensive information. This innovative offering is a testament to Openbank's commitment to delivering cutting-edge solutions and is a significant step forward in the world of investment.
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