Das Kuratorium des KWF hat in seiner Sitzung vom 25. Juni 2024 nach einem erfolgreichen Pitch der Startup-Gründer das von der Universität Klagenfurt eingereichte Projekt »vor.GRÜNDEN 2024« genehmigt. Im Rahmen dieser Förderung werden drei Gründungsvorhaben für die Dauer von neun Monaten finanziert, um zur Marktreife zu gelangen. Das Startup „Markets Flare“ von Andrii Ivanov und Amirreza Badpa ist unter der wissenschaftlichen Betreuung von Prof. Martin Wagner am Institut für Volkswirtschaftslehre / MQW angesiedelt und beschäftigt sich mit der Entwicklung einer App / Web Solution zur Aufarbeitung und Bereitstellung komplexer Finanzdaten unter Verwendung speziell dafür entwickelter Lernalgorithmen. Für genauere Informationen siehe die nachfolgende Beschreibung. Wir gratulieren den künftigen Jungunternehmern!

Executive Summary

Markets Flare is a solution that gives real time access to complex financial data with a particular focus on a user-friendly interface, thereby providing access to financial data also novices. Markets Flare is based on recent advances in artificial intelligence and machine learning that allow it to transform raw data into insightful, easy-to-understand, and manageable information. The underlying basis of the Markets Flare decision support system is the iterative application of tailor-made learning algorithms to financial information retrieval and processing. The focus on a user-friendly interface supports not only professionals in strategy development, but also helps novices to retrieve financial information without the steep learning curve traditionally associated with using financial information systems. The retrieved information is seamlessly combined with numerous financial models that are provided in the Reporting Assistant tool; one of the six integral tools of Markets Flare described below. Capitalizing on the scale advantages generated by applying machine learning algorithms to big data, Markets Flare is a cost-effective integrated suite of information retrieval and processing tools to support the entire financial decision-making cycle, from news coverage and analysis (including alerting) to financial data visualizations, data analysis to financial planning and reporting. Furthermore, Markets Flare is designed for collaboration across flexible teams.

Innovation

Markets Flare: Innovative Financial Analytics Platform

Market Screener: Harnessing Artificial Intelligence algorithms for news filtering and sentiment analysis, it provides real-time insights into market trends, facilitating informed decision-making and enhances portfolio management.

Portfolio Assistant: Seamlessly integrated with the Market Screener, it tracks financial assets, identifies patterns in market fluctuations, and delivers timely updates on news impact, ensuring users stay well-informed about their investment decisions.

Research Tool: Utilizing public data, it streamlines company research by aggregating relevant information from various sources, minimizes time spent on research, and facilitates informed decision-making. Reporting Assistant: Offers pre-built Excel templates of popular financial models, automating the modeling process, reducing errors, and enhancing efficiency in financial analysis.

Workspace Tool: Facilitates team collaboration through a centralized workspace, enabling efficient communication, document sharing, and task management for enhanced productivity.

Event Tracker: Proactively monitors the internet for significant events related to users‘ assets, providing insights into upcoming events‘ potential impact on stock prices, and letting users make informed investment decisions.