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Helios Life Enterprises Launches Voice Summation Index (VSI) to Measure the Market’s Belief in Corporate Communications Using Tone of Voice Exclusively

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New York, New York–(Newsfile Corp. – February 6, 2023) – Helios Life Enterprises, a leading AI-driven analytics company, recently announced the launch of the Voice Summation Index (VSI), an innovative tool that measures the market’s belief in corporate communications using tone of voice exclusively.

Helios Life Enterprises

The VSI takes advantage of advanced analytics to provide an accurate and comprehensive assessment of the market’s belief based on the tone of the voice of executives at corporate events like earning calls.

“We are very excited to launch the VSI,” said Dr. Gerwin Schalk, co-founder and chief scientific officer of Helios Life Enterprises. “It is the first of its kind, giving investment firms and finance professionals the ability to measure the sentiment of corporate stakeholders and to understand how their messages are being received.”

The VSI measures the tone of voice in various ways, including pitch, speed, and volume, to determine the overall sentiment of the communication. The data collected can then be used to develop a predictive model that can accurately identify market volatility.

This groundbreaking technology has the potential to revolutionize the decision-making process of investors and has already been featured by various media outlets for making it available to all.

Helios Life Enterprises is a pioneer in voice-based tonal analysis. “Our aim is to discover a new set of technologies that will improve the connection between humans and machines,” says Dr. Schalk.

The company conceives and devises a widely available data platform that delivers systematic analytics of an executive’s voice during critical corporate events. These analytics provide novel helpful information for predicting future earnings surprises, company performance, and cumulative abnormal returns in the context of M&A events.

About Helios Life Enterprises

Since October 2020, Helios has experienced a ten-fold increase in data and now offers over one million data points for analysis in its Comprehend: Elite product. The company has also doubled its neurolinguistic tonal features and expanded its coverage to include tonal fingerprints for over 4,500 equities and 10,000 executives, earning the company a 450% year-over-year increase in sales. TechCrunch’s editorial staff selected Helios Life Enterprises to participate in the 2022 Startup Battlefield 200 competition. The firm was also a speaker at the 2022 Benzinga Fintech Deal Day Conference, which recognizes the year’s top fintech innovations.

Contact details:

Zeynep Yenisey
Director of Marketing
[email protected]
518-212-7163

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/153725

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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THXLAB and IZUTSUYA Announce Strategic Partnership

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OZANK Joins Forces with RevoluGROUP to Enhance Global Payment Infrastructure

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Blockchain

Financial industry bodies defend permissionless blockchains against Basel Committee’s classification

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Five financial industry bodies have pushed back against the treatment of permissionless blockchains by a global banking supervision authority.

In December, the Basel Committee on Banking Supervision (BCBS) published a report on proposed amendments to bank capital requirements for digital assets, stablecoins, and tokenized assets.

The report classified all permissionless blockchains as high-risk, claiming that some risks could not be mitigated through existing solutions. BCBS was particularly concerned about banks’ lack of control over third parties who conduct most operations on these blockchains. It also warned about their privacy, finality, liquidity, and political, legal, and policy risks.

In response, five global financial industry regulators have defended permissionless blockchains. In a joint response, they stated that the industry “has all necessary expertise and robust compliance frameworks to fully identify, manage and mitigate these risks.”

The five are the International Swaps and Derivatives Association, the Global Financial Markets Association, the Institute of International Finance, the Futures Industry Association, and the Financial Services Forum.

Blockchain’s application in the financial industry is evolving, and regulators must not disincentivize banks from exploring the technology, the regulators stated. By putting up unnecessary hurdles, the BCBS would only push these institutions to the non-regulated shadow banking space, which would be riskier for them.

The regulators further noted that dozens of global banks have conducted successful pilots using permissionless blockchains. These pilots have shed more light on the technology’s application and allowed them to understand and control emergent risks.

The BCBS approach is unfair to blockchain and veers away from the regulator’s long-held “same asset, same risk” approach, they added.

“While we acknowledge that risk mitigation techniques are evolving for permissionless crypto assets…we are confident that solutions already exist in respect of specific use cases,” the five stated.

They believe deciding whether to build on permissionless blockchains should be left to the banks.

The financial sector has been a leader in blockchain adoption, with some, like JPMorgan (NASDAQ: JPM), developing their own permissioned networks, albeit unsuccessfully. However, most have relied on existing solutions to build applications spanning settlement, bond issuance, tokenization, etc.

Source: coingeek.com

The post Financial industry bodies defend permissionless blockchains against Basel Committee’s classification appeared first on HIPTHER Alerts.

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