The firm uses machine learning and natural language processing to help prevent financial crime.
The granular data can publish minute-by-minute scores on ESG themes and controversies.
Financial firms aim to uncover value from unstructured data.
Nearly three quarters of firms’ models were negatively impacted by the pandemic.
The new business combines AI technologies to uncover hidden insights within data and alert investors.
The Cobalt programme launched in 2018 to help fintechs collaborate with the asset manager.
Between 80-90% of enterprise data is unstructured so most firms cannot unlock its value.
Eigen’s NLP technology is already used by ING in areas such as Libor transition and loan operations.
More than half of capital markets professionals expect to spend more time analyzing data.