eToro Teams Up with Sentifi to Launch Social Sentiment Portfolio

eToro Teams Up with Sentifi to Launch Social Sentiment Portfolio
  • eToro launched its SocialSentiment portfolio of stocks with high ESG and social sentiment criteria this week.
  • The new offering was made possible courtesy of a partnership with alternative data provider – and fellow Finovate alum – Sentifi.
  • Sentifi’s technology analyzes more than 500 million tweet – and two million news articles, forums, and blog – in order to create its social sentiment rating (sentScore) for positive social chatter.

eToro has unveiled a new solution for investors looking for exposure to U.S. companies with strong ESG performance. The social investing network has teamed up with alternative data provider Sentifi to launch SocialSentiment, a new portfolio offering that features the top 10 stocks in the S&P 500 that meet ESG and social sentiment criteria. Rebalanced monthly, the initial roster of stocks in the SocialSentiment portfolio are: Verisign, Teradyne, Northern Trust, Mid-America Apartment Communities, Intuitive Surgical, Fifth Third Bancorp, F5 Networks, Equity Residential, Dollar Tree, and Allstate.

‘With this portfolio, we aim to offer retail investors exposure to stocks that are being discussed in a positive light on social and digital channels, adding an extra layer of insights,” eToro Head of Investment Portfolios Dani Brinker said. “We look forward to partnering with the Sentifi team, and working together to harness the power of social networks.”

Sentifi made its Finovate debut at FinovateAsia in Hong Kong in 2016, and returned to the Finovate stage a year later for FinovateEurope in London. The company’s AI-enabled technology analyzes more than 5,000 stocks, currencies, commodities, and indices – as well as passive and active mutual funds. Sentifi combines market metrics with social sentiment (sentScore) and an ESG score to create a roster of stocks that have both high ESG credentials and positive social chatter and awareness. Sentifi builds its sentScores by analyzing more than 500 million tweets, as well as two million news articles, forums, and blogs.

“The events over the past several years relating to the meme stock rallies are evidence of how the herd can change direction, and where these changes happen, which is largely in social networks and forums,” Sentifi CEO Marina Goche said. “Social networks, news, blogs, and forums are also a valuable source of changing risk for asset classes and offer dynamic views on ESG performance appreciation and degradation for companies globally — essential for constructing portfolios that outperform a benchmark.”

Investors can buy into the SocialSentiment portfolio with as little as $500. Investors can access tools and charts to track the portfolio’s performance, as well as monitor eToro’s social feed to stay up-to-date on developments in the sector. At this time, the portfolio is not available to investors in the U.S.

eToro’s SocialSentiment portfolio is the latest addition to the company’s suite of Smart Portfolios that give investors exposure to a variety of market themes. The portfolios are for long-term investments, feature unique investment strategies, are curated by eToro analysts, and give investors a way to gain exposure to a diverse range of major market trends without having to pay portfolio management fees.

Founded in 2007, eToro has more than 30 million registered users on its social investing network. Among Finovate’s earliest alums, the company won Best of Show in its debut at FinovateEurope in 2011.


Photo by Leeloo Thefirst

Finovate Alumni News

On Finovate.com

  • The ID Co. Unveils its Income Verification Solution.
  • Finicity Partners with Pulte Mortgage to Accelerate Asset Verification.

Around the web

  • CBANC hires Mike Snavely as Chief Commercial Officer.
  • Congrats to 3rd Eyes, ArthaYantra, aixigo, BaseVenture, Capitalise, Entersekt, eToro, Finantix, Fincite, Finhorizon, ForwardLane, Hydrogen, Scalable Capital, Sentifi, Tradeit, Trizic, WealthWizards, WealthForge, and Xignite on being recognized in the Wealthtech 100.
    • Xero’s new invoicing experience available for all Xero customers and partners over the next two weeks
    • Nordigen opens new office in Spain to expand operations.
    • Yseop’s AI solution for Société Générale wins award for most innovative initiative of the year at this year’s Digital Finance Awards. Come see Yseop at FinovateSpring next month.
    • Contovista and NDGIT expand partnership, enabling Contovista to be implemented via the German NDGIT API marketplace.

    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

    Sentifi Secures Top Honors at Swisscom Startup Challenge 2018

    Sentifi Secures Top Honors at Swisscom Startup Challenge 2018

    The votes have been cast and financially-relevant crowd intelligence provider Sentifi is among the winners of the Swisscom Startup Challenge 2018.

    “I would like to send my sincere thank you to the trust of our investors, and to all Sentifiers who have worked hard to make Sentifi a global player,” Sentifi CEO and founder Dr. Anders Bally said. “This would not have been possible without your contribution, commitment and belief in creating the most powerful financial AI and big data based collective intelligence system in the world.”

    Sentifi founder and CEO Dr. Anders Bally demonstrating Sentifi Alerts at FinovateEurope 2017.

    Sentifi bested more than 230 rivals to win the challenge. Along with five other winning companies, Sentifi will participate in a one-week business accelerator program in October, and receive mentoring from Swisscom and venture lab experts. The jury consisted of members of the Swisscom Group Executive Board, Swisscom Ventures, and business angels and investors. Sharing the winner’s circle with Sentifi are AAAccell, an AI-powered asset and risk management solution provider; rovenso, a maker of agile seeing robots; Dotphoton, a raw image compression solution; and Exeon Analytics, a cybersecurity firm.

    Founded in 2012 and headquartered in Zurich, Switzerland, Sentifi demonstrated its Sentifi Alerts solution at FinovateEurope last year. Sentifi Alerts scours more than five million relevant sources from the news media, blogs, and social networks to signal investors when significant events in the financial markets occur. The customizable, real-time alerts give investors the opportunity to make timely adjustments to their asset holdings – whether to seize new opportunities or minimize potential risks.

    Sentifi appointed Marina Goche as Chief Operating Officer in May. The same month, the company announced that Walter Berchtold, an industry veteran with board and executive experience at Credit Suisse and Falcon Private Bank, would join Sentifi’s advisory board. Last month, Sentifi teamed up with Argus Data Insights, integrating its crowd intelligence technology with Argus Predict IndustryScan solution.

    Finovate Alumni News

    On Finovate.com

    • Sentifi Secures Top Honors at Swisscom Startup Challenge 2018.
    • Shoeboxed Acquired by Earth Class Mail.

    Around the web

    • Revolut introduces metal card with crypto cash back.
    • Wisconsin-based Unity Bank will leverage technology from Finastra to streamline commercial and consumer lending processes.
    • Fiserv announces addition of step-up authentication and identity verification to fight call center fraud.
    • Insuritas announces partnership with Androscoggin Bank to launch digitally-powered insurance agency.
    • Baker Hill expands client base, moves to new office.
    • Crypterium to let Australian citizens pay bills and make bank transfers with crypto. Come check out Crypterium at FinovateFall next month.
    • InComm Celebrates 10 Years in the Asia-Pacific Region.
    • National Association of Credit Union Services Organizations accepts Kony as a Gold Partner.
    • Payroll in Xero launches encryption for UK payslip PDFs.

    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

    Sentifi Brings Market Insights from Social Media to Bombay Stock Exchange

    Sentifi Brings Market Insights from Social Media to Bombay Stock Exchange

    Sentifi_homepage_March2017

    Courtesy of a new partnership with the Bombay Stock Exchange, Sentifi will begin providing Asia’s first (“and fastest”) stock exchange with social media updates on 40,000 stocks, currencies, and commodities from around the world. The updates will be available on the Bombay Stock Exchange website and will include a ranking of the most widely-discussed stocks, a longitudinal comparison between market attention and stock price, “most relevant and influential voices,’ trends driving market attention, and more. The goal is to make it easier for investors to take advantage of the most relevant information and market sentiment data available on social media while at the same time avoiding “information overflow.”

    Sentifi_stage_FEU2017

    Pictured: Sentifi founder and CEO Andres Bally demonstrating Sentifi Alerts at FinovateEurope 2017 in London.

    Explaining his company’s technology, Sentifi founder and CEO Andres Bally said “With an AI-based technology platform built over the past four years, Sentifi extracts insights of billions of (data points) while at the same time reduces this information to a summary of a handful (of) events and pattern events driving market attention and (the) valuation of stocks.” Bally credited the combination of the “social media sharing culture” with big data and self-learning algorithms for making technology like Sentifi’s possible, adding that “the financial information market is in a paradigm shift providing a better understanding of market attention and financial value drivers than ever before.”

    Founded in 2012 and headquartered in Zurich, Switzerland, Sentifi demonstrated Sentifi Alerts at FinovateEurope 2017, and unveiled its MySentifi ecosystem last fall at FinovateAsia 2016 in Hong Kong. Winner of the Swiss Fintech Award in 2016, Sentifi has raised more than $7 million in funding from private investors in New York, Hong Kong, and Singapore, as well as the company’s native Switzerland.

    Finovate Alumni News

    On Finovate.com

    • Celebrate the Start of Spring with the Return of FinDEVr New York.
    • Sentifi Brings Market Insights from Social Media to Bombay Stock Exchange.

    Around the web

    • SecureKey and IBM team up to develop digital identity and attribute sharing network using blockchain technology.
    • MarketInvoice announces Zopa co-founder and former CEO Giles Andrews as new board chairman.
    • Ripple joins Bank of England fintech accelerator program to demo blockchain solutions for cross-border payment and settlement.

    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

    FinovateEurope Sneak Peek: Sentifi

    FinovateEurope Sneak Peek: Sentifi

    Sentifi_homepage_February2017

    Sentifi, the largest online ecosystem of crowd-sourced experts and influencers in global financial markets, introduces Sentifi Alerts.

    Features

    • Discover potential risks or opportunities on any financial asset in real time
    • Customize settings to the topics that matter most
    • Access to over five million financial voices from the crowd

    Why it’s great
    Sentifi Alerts is the only product on the market integrating the power of five million financial experts with global stock exchanges, delivering notifications on risks and opportunities in real time.

    Sentifi_AndersBallyPresenters

    Anders Bally, CEO
    With a passion for financial technology and crowd intelligence, Bally has used his 25+ years of experience in global financial markets to connect the world with insights previously unavailable.
    LinkedIn

     

    Sentifi_AngelineGavinoAngeline Gavino, Business Development and Key Accounts Manager
    With 10 years experience at Thomson Reuters in Business Intelligence and Data Analysis, Gavino joined Sentifi in 2016 to connect clients and partners with the power of AI and crowd-intelligence.
    LinkedIn

    Finovate Alumni News

    On Finovate.com

    • Finovate Debuts: InSpirAVE’s Internet of SavingsHelps You Save for What Matters.

    Around the web

    • ACI Worldwide teams up with Chargebacks911 to help merchants handle fraudulent chargebacks.
    • Wipro joins Industrial Internet Consortium (IIC).
    • SS&C Technologies Holdings announces partnership with HedgeCoVest.
    • MoneyGram using Mobile Verify from Mitek to meet AML requirements.

    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

    FinovateAsia Sneak Peek: Sentifi

    FinovateAsia Sneak Peek: Sentifi

    screen-shot-2016-10-25-at-9-35-09-am

    FA2016-V1A look at the companies demoing live at FinovateAsia on 8 November 2016 in Hong Kong. Pick up your tickets today and save your spot.

    Winner of the 2016 Swiss Fintech award, Sentifi generates real-time, actionable crowd intelligence from over 3 million financial sources not yet available via traditional news outlets.

    Features:

    • Real-time insights for your investment portfolio
    • Targeted content and analysis from over 3 million sources
    • Custom solutions for media platforms to increase traffic, revenue, and user engagement

    Why it’s great
    Sentifi makes it simple to maximize your investment strategy. Using the power of the crowd, “Sentifi” your portfolio to gain real-time insights from over 3 million qualified sources. All in one place.

    Presenterscreen-shot-2016-10-25-at-9-44-19-am

    Dr. Anders Bally, CEO
    With a passion for financial technology and crowd intelligence, Bally has used his 25+ years of experience in global financial markets to connect the world with innovative insights previously unavailable.
    LinkedIn