Artificial Intelligence Model Guiding Open-Bank Customers in Stock Purchases
Openbank, a leading financial institution, has taken a significant step forward in its innovation strategy by introducing an AI-based analysis model for its securities portfolio offering in Germany.
The new offering, developed in collaboration with EyePerformance, aims to provide customers with the latest technology for making informed investment decisions. Christopher Oster, General Manager of Openbank Germany, announced that this AI-based tool is a key component of their ongoing commitment to innovation and customer service.
The AI model is designed to support investors by providing comprehensive information for investment decisions. It offers price targets for over 1,000 European and US stocks, including those from the STOXX Europe 600 and S&P 500 indices. The models are based on historical data and are trained, optimized, and updated daily to ensure continuous improvement in the accuracy of price forecasts.
The AI offering from Openbank utilizes artificial intelligence to capture and analyze a large amount of data. This allows it to provide insights from a wide range of parameters, giving customers a competitive edge in investment decisions. The models are intended to help customers make informed decisions and stay ahead of market trends.
The new tool is part of Openbank's ongoing efforts to bring the latest advancements in technology to its customers. The AI offering is designed to give customers access to the latest advancements in technology, enabling them to make informed investment decisions with confidence.
The AI models are designed to improve on a daily basis, ensuring that customers always have access to the most up-to-date information. This continuous improvement process is a key feature of the AI offering, ensuring that customers can make informed decisions based on the most accurate forecasts available.
In summary, Openbank's new AI-based investment tool offers a comprehensive solution for customers looking to make informed investment decisions. By providing access to a wide range of data and insights, the AI offering from Openbank aims to give customers a competitive edge in the investment market.
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