01. Prashant Bhuyan, Alpha Modus Research, Visits #theCUBE!. (00:20)
02. What's Happening With Your Company And What Are You Talking About Here. (00:45)
03. Describe What You Do And The Innovation. (02:22)
04. Do You Have A Predetermined Taxonomy That You Train Watson On. (04:03)
05. Is There A Sequence That You Go Through With The Data. (05:03)
06. What Is Your Secret Sauce. (06:15)
07. How Have You Changed Or Evolved Watson. (09:40)
08. Are You A Typical IBM Customer. (11:31)
Track List created with http://www.vinjavideo.com.
--- ---
The future of investment banking is coming, and it doesn’t wear a suit and tie | #ibmwow
by R. Danes | Oct 25, 2016
The world of investment management is no stranger to predictive gimmicks. There is always some enterprising broker or analyst telling investors he or she has uncovered the way to predict tomorrow’s stock spikes tonight. It’s usually hot air — there are too many variables for a human’s mind to calculate. But what about a machine’s mind?
Prashant Bhuyan, co-founder, CEO and chairman of Alpha Modus Research LLC, said, “Many professional investment managers, many of whom are very, very smart people, are having a lot of difficulty generating alpha these days.” (Alpha is a fund’s excess return relative to a benchmark index’s return.)
“Alpha is beating the market on a risk-adjusted basis,” Bhuyan told John Furrier (@furrier) and Dave Vellante (@dvellante), co-hosts of theCUBE*, from the SiliconANGLE Media team, during the IBM World of Watson event. “And the reason that they’re having difficulty beating the market on a risk-adjusted basis, in our opinion, is because they’re drowning in information,” he explained.
Bhuyan spoke about the new “taxonomy” that his company developed: Curated imbalance indicators from the floor of the New York Stock Exchange together with unstructured data from thousands of sources.
“We apply the domain expertise to the ‘awareness cloud’ to create a point of view or perspective and then fuel our building blocks, which are APIs that we then sell to enterprises,” Bhuyan stated. “You can figure out what’s real and what’s driven by just sentiment. That relationship is very interesting.”
White matter, grey matter, blue matter
Bhuyan said they employ IBM Bluemix and Watson on the back-end as the brains for its APIs.
“They migrated Watson to the cloud, and they were offering it to developers as a service. And that was truly a paradigm shift, because suddenly we could ask more sophisticated questions than ever before,” he said.
Watch the complete video interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of IBM World of Watson 2016.
Forgot Password
Almost there!
We just sent you a verification email. Please verify your account to gain access to
IBM World of Watson 2016 | Las Vegas. If you don’t think you received an email check your
spam folder.
In order to sign in, enter the email address you used to registered for the event. Once completed, you will receive an email with a verification link. Open this link to automatically sign into the site.
Register For IBM World of Watson 2016 | Las Vegas
Please fill out the information below. You will recieve an email with a verification link confirming your registration. Click the link to automatically sign into the site.
You’re almost there!
We just sent you a verification email. Please click the verification button in the email. Once your email address is verified, you will have full access to all event content for IBM World of Watson 2016 | Las Vegas.
I want my badge and interests to be visible to all attendees.
Checking this box will display your presense on the attendees list, view your profile and allow other attendees to contact you via 1-1 chat. Read the Privacy Policy. At any time, you can choose to disable this preference.
Select your Interests!
add
Upload your photo
Uploading..
OR
Connect via Twitter
Connect via Linkedin
EDIT PASSWORD
Share
Forgot Password
Almost there!
We just sent you a verification email. Please verify your account to gain access to
IBM World of Watson 2016 | Las Vegas. If you don’t think you received an email check your
spam folder.
In order to sign in, enter the email address you used to registered for the event. Once completed, you will receive an email with a verification link. Open this link to automatically sign into the site.
Sign in to gain access to IBM World of Watson 2016 | Las Vegas
Please sign in with LinkedIn to continue to IBM World of Watson 2016 | Las Vegas. Signing in with LinkedIn ensures a professional environment.
Are you sure you want to remove access rights for this user?
Details
Manage Access
email address
Community Invitation
Prashant Bhuyan, Alpha Modus Research - World of Watson 2016 #ibmwow #theCUBE
01. Prashant Bhuyan, Alpha Modus Research, Visits #theCUBE!. (00:20)
02. What's Happening With Your Company And What Are You Talking About Here. (00:45)
03. Describe What You Do And The Innovation. (02:22)
04. Do You Have A Predetermined Taxonomy That You Train Watson On. (04:03)
05. Is There A Sequence That You Go Through With The Data. (05:03)
06. What Is Your Secret Sauce. (06:15)
07. How Have You Changed Or Evolved Watson. (09:40)
08. Are You A Typical IBM Customer. (11:31)
Track List created with http://www.vinjavideo.com.
--- ---
The future of investment banking is coming, and it doesn’t wear a suit and tie | #ibmwow
by R. Danes | Oct 25, 2016
The world of investment management is no stranger to predictive gimmicks. There is always some enterprising broker or analyst telling investors he or she has uncovered the way to predict tomorrow’s stock spikes tonight. It’s usually hot air — there are too many variables for a human’s mind to calculate. But what about a machine’s mind?
Prashant Bhuyan, co-founder, CEO and chairman of Alpha Modus Research LLC, said, “Many professional investment managers, many of whom are very, very smart people, are having a lot of difficulty generating alpha these days.” (Alpha is a fund’s excess return relative to a benchmark index’s return.)
“Alpha is beating the market on a risk-adjusted basis,” Bhuyan told John Furrier (@furrier) and Dave Vellante (@dvellante), co-hosts of theCUBE*, from the SiliconANGLE Media team, during the IBM World of Watson event. “And the reason that they’re having difficulty beating the market on a risk-adjusted basis, in our opinion, is because they’re drowning in information,” he explained.
Bhuyan spoke about the new “taxonomy” that his company developed: Curated imbalance indicators from the floor of the New York Stock Exchange together with unstructured data from thousands of sources.
“We apply the domain expertise to the ‘awareness cloud’ to create a point of view or perspective and then fuel our building blocks, which are APIs that we then sell to enterprises,” Bhuyan stated. “You can figure out what’s real and what’s driven by just sentiment. That relationship is very interesting.”
White matter, grey matter, blue matter
Bhuyan said they employ IBM Bluemix and Watson on the back-end as the brains for its APIs.
“They migrated Watson to the cloud, and they were offering it to developers as a service. And that was truly a paradigm shift, because suddenly we could ask more sophisticated questions than ever before,” he said.
Watch the complete video interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of IBM World of Watson 2016.
