Project Info
A single bad trade can wipe out your business. Is EagleAi watching out for you?
How many headlines appear in Wall Street Journal every year about Wall Street Firms losing a tons of money in bad trades due to human error or technical glitches? This will not stop ever as trading systems are becoming increasingly complex and they are bound to fail every now and then as human errors are bound to happen occasionally as after all people behind these systems are human. But if the businesses think differently, the problems can be mitigated up to 99.999%. Risk Officers can ensure the chance of their name appearing in Wall Street Journal in a negative context is very slim. EagleAi is one such system which helps in mitigation of risks. Serious problems can be detected even before it happens by knowing that trends starts deviating from the norm.
EagleAi's Advanced AI Engine
EagleAi’s cutting edge Anomaly Detection techniques is built for massive scale trading flows. EagleAi will silently watch everything that is happening under the sun and it will automatically learn to detect trends at the client, trader, symbol activity, desk, division and system levels. Abnormal trends i.e. deviations from normalcy that cannot be detected with human eyes or even with any rules based engines is detected by EagleAi. Furthermore, EagleAi’s proprietary triangulation methods identifies the reasons behind the deviations which will help Risk Officers take corrective actions in record time. EagleAi uses 3 or more Advanced Anomaly Detection models under the hood for each Trading Risk scenarios and it uses a voting mechanism to be certain that the issues raised by models have very high certainty of being a serious event or ‘True Positive’. Every ‘False Positive’ identified is used to further refine the model so that EagleAi learns to identify True Positives more accurately. So, you and your business can be rest assured the ‘Big Bird’ is watching out for you 24×7, 365 days a year and will alert promptly if something is amiss and needs immediate attention.
Configuring EagleAi TradeWatch Trading Risk is Easy - as there are ZERO rules to configure
EagleAi doesn’t need to be configured with any rules. It is a self learning engine. All it needs is data to be fed and it is ready to learn from the flows across tens of trading risk scenarios and detect any impending problems based on an anomalous trend.
All the common Trading Risk Scenarios that either are required by the regulators or which has caused many firms to lose a lot of money in the past have been built in in EagleAi Trading Risk module. New trading risk scenarios are constantly being added in Trading Risk module as and when a new Trading Risk related loss was encountered by any firm in the industry or when new regulations are added. Furthermore, firms can custom configure more trading risk scenarios in EagleAi easily.
