AlpacaTech launches “AI Data Cloud” jointly with MINKABU THE INFONOID & Snowflake
AlpacaTech, a subsidiary of FOLIO Holdings that provides innovative financial solutions within the SBI Group, is building a new data cloud…
AlpacaTech, a subsidiary of FOLIO Holdings that provides innovative financial solutions within the SBI Group, is building a new data cloud utilizing Snowflake’s AI data cloud platform through a business partnership with MINKABU THE INFONOID and its subsidiary MINKABU Solution Services. By integrating access to MINKABU Group’s diverse data into the Snowflake environment, they will begin providing AI data cloud solutions to customers through advanced analysis, including fact-checking of news data using generative AI, report creation, and decision support through qualitative analysis.
The MINKABU Group possesses diverse data sets related to Japanese stocks, US stocks, foreign exchange, and futures, including high-quality Japanese and US stock news and access analysis data from “Kabutan,” Japan’s largest investment information platform (hereinafter “MINKABU data”). “Kabutan” has approximately 6 million monthly unique users and delivers swift, comprehensive, and accurate news.
AlpacaTech, recognized for its advanced data analysis technology and generative AI expertise, will begin providing AI data cloud solutions to meet diverse customer needs as MINKABU’s distribution partner for MINKABU data on the Snowflake platform. This includes analysis packages for non-engineers developed through PoCs with institutional investors. All solutions developed will be available to more customers at reasonable prices with secure in-house usage.
Solutions Offered
- News Analysis Solution: Analysis solution using generative AI with access to news data tailored to customer needs for Japanese stocks, US stocks, forex, and futures
- Basic Analysis Solution: Solution enabling data access to a basic package including stock master data, fundamentals, and dividend information
- Data Cloud Solution: Individual package subscriptions available for various alternative data including news, themes, and CrowdInput information
About FOLIO Holdings
FOLIO Holdings upholds the mission “Designing Tomorrow’s Finance” and aims to realize a prosperous future through the creation of financial solutions required by future society.
Currently, the company oversees FOLIO, which provides discretionary investment management solutions to general customers and financial institutions, and AlpacaTech, which develops AI solutions for investment management and trading.
Under the strong business synergy of both companies, they are expanding their financial solutions utilizing advanced technological capabilities. The group will continue to sincerely address customer and social challenges, designing new solutions with their technological strength and creativity to provide value to more stakeholders.
FOLIO Holdings is a group company under SBI Holdings, which is listed on the Prime Market of the Tokyo Stock Exchange.
About MINKABU THE INFONOID
The company promotes business growth through both media and solution businesses. Through its holding company structure, it provides high-value services to respective customer bases, including media services that realize new user experiences and solution services that solve customer challenges, incorporating the latest Web3 technologies such as AI, blockchain, and NFT.
This is done through Livedoor, which oversees the media business with a monthly user base of 100 million users, and MINKABU Solution Services, which oversees the solution business with a client base of over 400 domestic and international financial institutions.
About MINKABU Solution Services
The company operates “Kabutan,” Japan’s largest stock information media, and provides financial services contributing to the expansion of asset-building demographics by leveraging this expertise through information solutions and system/package solutions for financial institutions, as well as financial instruments intermediary services. Furthermore, they are expanding their business beyond the financial sector with solutions such as NFT solutions based on blockchain technology.
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