Transcript TipTop Solutions for Finance

TipTop Solutions for Finance
Abhijit Sahay
VP Engineering
TipTop Technologies
http://FeelTipTop.com
Confidential - 2011
Drowning in Information
Wouldn't It Be Nice If Someone could…
• filter signal from noise
• discover and suggest important things to
read
• collect, collate, classify content
• identify and track sentiment
Data TIGER
External Feeds
BLOGS
RSS
Dow Jones
Text Feed
Archive
Tool Kit
TWITTER
Dow Jones
Text Feed
Dow Jones
Text Feed
Archive Files
Processed
And
Unprocessed
Data
Database
Data Tiger
Email
Compliance
Internal Feeds
TIBCO
WebSphere
RMDS
Message
Bus
Custom User News
Applications
and / or
MS EXCEL, MS ACCESS,
MATLAB, etc
Reports
Charts
Queries
TipTop Information Gleaning, Extraction and Reporting Platform
Inside the TIGER
Text Articles
&
Unstructured
Content
Metadata & Tags
TipTop
Engine
Refined Metadata
Structured Records
Auto-discovered
Topic
Relevancy
Score
Sentiment
Rating
Supporting
Extracts
GS
75%
35% +ve "...Sachs & Co. may gain
from Fed policies..."
What is TipTop?
TipTop helps anyone connect with the
best people and information in real
time.
Users
TheWorld
Tips
Matching
Most fulfilling, fastest, most accurate matching
(on)
Top
(of their mind)
Founder/CEO Shyam Kapur
Asst. Professor
TipTop
PhD
Adchemy
President & CEO
Chief Scientist
Postdoc
Staff Scientist
Yahoo!
UPenn
Cornell
Infoseek
Research Scientist
MetaLINCS
Principal Engineer
TipTop Technologies, Inc.
http://FeelTipTop.com Confidential
VP, Search Technologies
Relevant Technologies
Data Mining
Language Learning
User Interfaces
Computational linguistics
Inductive Inference
Natural Language Processing
Contextual targeting
Clustering
Text & query classification
Legal discovery
Text Mining
TipTop Technologies, Inc.
http://FeelTipTop.com
Confidential
Search Engines
Cognitive Sciences
Behavioral targeting
Data Visualization
Why are we doing this?
• Everyone deals with a sea of unstructured
information that they can barely cope with
• Amount of relevant data to any situation is way
beyond human brain’s capacity and speed
• State-of-the-art search tools are hopelessly
inadequate
What is unique about TipTop?
• Learns like children learn their first
language
• Fine-tuned to understand conversational
language of the kind found in usergenerated content
• Built from the ground up as existing
technologies are not advanced enough
TIGER Cubs
• Smart news reader
– Cross-document browsing
– Concept discovery
– TipTop It! Snapshots
– Sentiment tracking
• Fish-and-Tips
• TipTop Turns
Smart News Reader
• GS in the news, April 16, 2010
Multi-document topic extraction and sentiment summary
Smart News Reader -- Drilldown
• Headache for Blankfein
Topic-specific sentiment and snippet extraction
Of course, you could also access the
original documents
Goldman Shares Tumble
on SEC Fraud Allegations
By Joshua Gallu and Christine Harper - Apr 16, 2010
Goldman Sachs Group Inc. was sued by U.S. regulators
for fraud tied to collateralized debt obligations that
contributed to the worst financial crisis since the Great
Depression. The firm’s shares tumbled 13 percent and
financial stocks slumped.
Goldman Sachs created and sold CDOs linked to
subprime mortgages in early 2007, as the U.S. housing
market faltered, without disclosing that hedge fund
Paulson & Co. helped pick the underlying securities and
bet against the vehicles, the Securities and Exchange
Commission said today. Billionaire John Paulson’s firm
earned $1 billion on the trade and wasn’t accused of
wrongdoing. The SEC also sued Fabrice Tourre, a
Goldman Sachs vice president who helped create the
CDOs, known as Abacus.
SEC Takes On Goldman
Sachs – A Sea Change
Or A Big Fish To Calm
Waters?
POSTED IN LIBERALAND BY WILLIAM K. WOLFRUM • APRIL 16, 2010,
2:59 PMET • 29 COMMENTS »
by William K. Wolfrum
For the past decade or so, the acronym SEC has better
stood for “Sitting Enjoying Coffee” rather than
“Securities Exchange Commission.” After all, one need
only mention the name “Bernie Madoff” to turn your
average SEC employee into a puddle of apologetic goo.
Goldman Sachs charged with fraud
SEC
Fri, Apr 16 2010
By Jonathan Stempel and Steve Eder
NEW YORK (Reuters) - Goldman Sachs Group Inc was charged with fraud by the U.S. Secu
and Exchange Commission over its marketing of a subprime mortgage product, igniting a ba
between Wall Street's most powerful bank and the nation's top securities regulator.
The civil lawsuit is the biggest crisis in years for a company that faced criticism over its pay a
business practices after emerging from the global financial meltdown as Wall Street's most
influential bank.
It may also make it more difficult for the industry to beat back calls for reform as lawmakers in
Washington debate an overhaul of financial regulations.
Goldman called the lawsuit "completely unfounded," adding, "We did not structure a portfolio
was designed to lose money."
The lawsuit puts Goldman Chief Executive Lloyd Blankfein further on the defensive after he t
federal Financial Crisis Inquiry Commission in January that the bank packaged complex debt
also betting against the debt, because clients had the appeSEC Takes On Goldman Sach
Sea Change Or A Big Fish To Calm Waters?
POSTED IN LIBERALAND BY WILLIAM K. WOLFRUM • APRIL 16, 2010, 2:59 PMET • 29
COMMENTS »
by William K. Wolfrum
For the past decade or so, the acronym SEC has better stood for “Sitting Enjoying Coffee” rat
than “Securities Exchange Commission.” After all, one need only mention the name “Bernie
Madoff” to turn your average SEC employee into a puddle of apologetic goo.
Today, however, the SEC announced it is going after a big fish. Perhaps the biggest, as the SE
fraud charges against Goldman Sachs, accusing the mega-financial outfit of selling investmen
they had secretly planned to have fail. From The Huffington Post:
tite.
"We are not a fiduciary," he said.
The case also involves John Paulson, a hedge fund investor whose firm Paulson & Co made
billions of dollars by betting the nation's housing market would crash. This included an estima
billion from the transaction detailed in the lawsuit, which the SEC said cost other investors m
Fish and Tips
¥
€
$
TipTop
Turns
INTC news now
28%+ve & 37% -ve
more tips
Contact Information
• Shyam Kapur, CEO
o Yahoo, Alta Vista, Infoseek, Adchemy
o U-Penn, Cornell, IIT Kanpur
o [email protected]
• Abhijit Sahay, VP Engineering
o Deutsche Bank, Salomon Brothers
o UC Berkeley, IIT Kanpur
o [email protected]