Northern Trust (NTRS Quick QuoteNTRS ) has launched an artificial intelligence (AI) powered tool to derive unstructured investment information from alternative asset documents, in a bid to further digitize its alternative asset servicing business. This underpins the company’s efforts to enhance its asset owner clients’ experience as well as abate operational risk in the alternative asset servicing business.
The proprietary solution has been built in collaboration with Microsoft Azure Applied AI Services, which hastens time to value for companies formulating AI solutions, and business and consulting firm Neudesic. The solution transfigures important information, such as cash and stock distribution notices, capital call notices and capital account statements, from an array of unstructured formats into automated, actionable judgements for the investment teams.
The AI-powered data extraction competencies will read the saved documents as well as fund managers’ reports on holdings and operations of the alternative assets. It will also extract data points, including currencies, asset names and market value. The solution deploys two functions — document capturing and data extracting as well as creating an end-to-end, innovative, cloud-induced process adept at moving document receipt notification to digitized, accounting-ready data in a flash. This will facilitate the company to streamline the workflow and reduce the need for manual intervention.
Best Value Stocks To Watch For 2023: Hostess Brands, Inc. (TWNK)
We are a blank check company incorporated on June 1, 2015 as a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”). We have reviewed, and continue to review, a number of opportunities to enter into a Business Combination with an operating business, but we are not able to determine at this time whether we will complete a Business Combination with any of the target businesses that we have reviewed or with any other target business. We also have neither engaged in any operations nor generated any revenue to date. Based on our business activities, we are a “shell company” as defined under the Securities Exchange Act of 1934 (the “Exchange Act”) because we have no operations and nominal assets consisting solely of cash and/or cash equivalents. Advisors’ Opinion:
- [By Motley Fool Transcribers]
Hostess Brands, Inc. (NASDAQ:TWNK)Q4 2018 Earnings Conference CallFeb. 27, 2019, 4:30 p.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Max Byerly]
Hostess Brands (NASDAQ:TWNK) was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Wednesday.
Best Value Stocks To Watch For 2023: BEAZLEY PLC(BZLYF)
Beazley plc provides risk insurance and reinsurance solutions in the United States, Europe, and internationally. Its Cyber & Executive Risk segment underwrites management liabilities, such as employment practices risks and directors and officers, cyber and technology, and media and business services. The company's Marine segment underwrites various marine classes, including hull, energy, cargo and specie, piracy, satellite, aviation, kidnap and ransom, and war risks. Its Market Facilities segment underwrites portfolios of businesses. The company's Political, Accident & Contingency segment underwrites terrorism, political violence, expropriation, and credit risks, as well as contingency and risks associated with contract frustration. This segment also underwrites life, health, personal accident, sports, and income protection risks. Its Property segment provides commercial and homeowners' insurance. The company's Reinsurance segment specializes in writing property catastrophe, property per risk, casualty clash, aggregate excess of loss, and pro-rata businesses. Its Specialty Lines segment underwrites a portfolio of businesses comprising architects and engineers, healthcare, lawyers and environmental liability, market facilities business, and international financial institutions. The company was founded in 1986 and is based in London, the United Kingdom.
- [By ]
Shares of Beazley plc (OTCMKTS:BZLYF) have been assigned a consensus recommendation of “Buy” from the thirteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company.
Best Value Stocks To Watch For 2023: Porter Bancorp Inc.(PBIB)
Porter Bancorp, Inc. operates as the bank holding company for PBI Bank that provides commercial and personal banking products and services in Kentucky. The company?s deposit products include checking accounts, savings accounts, term certificate accounts, time deposits, negotiable order of withdrawal accounts, money market accounts, fixed rate certificates, and certificates of deposit. Its loan portfolio comprises residential mortgage, commercial, consumer, and agriculture loans; and real estate loans, including commercial and residential real estate, and real estate construction loans. The company also provides drive-through banking facilities, automatic teller machines, night depository, personalized checks, credit cards, debit cards, Internet banking, electronic funds transfers, domestic and foreign wire transfers, travelers? checks, cash management, vault services, loan and deposit sweep accounts, and lock box services. In addition, Porter Bancorp offers personal trus t services, employer retirement plan services, and personal financial and retirement planning services. As of July 28, 2011, it operated 18 full-service banking offices in Kentucky. The company was founded in 1988 and is headquartered in Louisville, Kentucky.
- [By Max Byerly]
Media stories about Porter Bancorp (NASDAQ:PBIB) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Porter Bancorp earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 44.3359026173577 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
- [By WWW.GURUFOCUS.COM]
For the details of PATRIOT FINANCIAL PARTNERS GP, LP’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=PATRIOT+FINANCIAL+PARTNERS+GP%2C+LP
These are the top 5 holdings of PATRIOT FINANCIAL PARTNERS GP, LPBanc of California Inc (BANC) – 2,850,564 shares, 32.49% of the total portfolio. Meta Financial Group Inc (CASH) – 397,069 shares, 25.6% of the total portfolio. Guaranty Bancorp (GBNK) – 1,391,767 shares, 23.3% of the total portfolio. MBT Financial Corp (MBTF) – 2,060,302 shares, 13.08% of the total portfolio. Sterling Bancorp (STL) – 323,980 shares, 4.31% of the total portfolio.
Best Value Stocks To Watch For 2023: Snap Inc. (SNAP)
Snap Inc., formerly Snapchat, Inc., is a camera company. The Company is engaged in advertising business. The Company’s customers can create Snaps using Sponsored Creative Tools, such as Sponsored Lenses and Sponsored Geofilters, or view them by watching their friends’ Snaps that contain the advertising creative. The Company’s product, Snapchat, is a camera application that is created to enable people communicate through short videos and images, that are called as Snaps. The Company’s Snap advertisements are vertical full screen video advertisements in the Snap format. The Company offers a range of third party and in-house solutions to measure advertising effectiveness. The Company works with partners to verify that an advertisement was in fact delivered to a given user. The Company works with third parties to measure the reach and frequency of a campaign, and the demographics of the users that viewed the campaign. Advisors’ Opinion:
- [By Thomas Yeung]
Since July, daily volatility of the video game retailer has declined by around half. On a per-day basis, GME stock now moves only as much as tech firms like Etsy (NASDAQ:ETSY) and Snap (NYSE:SNAP), lulling short sellers into a sense of false security. Short interest now sits at 51.1 million shares, a 63% increase from this time last year. The put-call also ratio remains bearish; 1.52 puts now exist for every January 2023 call outstanding.
- [By Money Morning News Team]
But similarly to Snap Inc. (NYSE: SNAP), Pinterest is a target for Facebook. And Facebook will do just about anything to smother the competition. Just look at the addition of Instagram stories when Snap became popular.
- [By Max Byerly]
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