London-based AI platform, Arkera has announced the launch of its second-generation product Atlas Live which is expected to deliver a live stream of ‘risk-critical’ local intelligence via web and API in a bid to assist policymakers, investment managers, traders at hedge funds, etc. The supplier states that it is currently undertaking a Series A fundraising round with an aim to raise over £5 million for technology investment, product and growth expansion.

Nav Gupta Co-CEO added, “We created Arkera in direct response to our own experiences at some of the world’s largest banks and hedge funds, dealing with the growing information challenges that investors and institutions face today. Our aim is to inform our clients of relevant intelligence in advance of it reaching mainstream media sources, helping them to improve their risk management and decision-making processes. We want our clients to finally anchor their strategy and opinion on a reliable intelligence framework, Arkera’s Atlas Live is designed to be part of their decision process.”

Established in 2015 by Vinit Sahni and Nav Gupta, Arkera is an AI-powered, human enhanced, intelligence platform created to help institutions source and analyze hard to access data pools and aims to facilitate faster investment and risk decisions. The supplier states that it has combined quant hedge fund and banking experience with smart natural language processing (NLP) for managing difficult to access multilingual information.

“We give our clients real-time insight into the entire news cycle and volatility surface of an event, which means they can trade in and out multiple times during the cycle,” commented Vinit Sahni, Co-CEO of Arkera. “With Atlas Live, clients now have the opportunity to capture several price moves, not just the one outcome that other sources provide. Feedback from our existing clients shows that there is a clear arbitrage between what our platform offers and the information available to those relying on other sources of intelligence.”

in 2018, Arkera completed a £4 million pre-Series A funding round which attracted investment from blue-chip investors.

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by Megha Bhattacharya
Market Analyst at IBS Intelligence
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