Project FIN.I.S. of Specisoft S.A. under the Programme “Development of Digital Products and Services”
“The project was implemented under the programme “Development of Digital Products and Services” of the National Recovery and Resilience Plan “Greece 2.0″ with funding from the European Union – NextGenerationEU.”
Project details
| Project title | Development of the AI application FIN.I.S. – Financial Intelligence Software |
| Beneficiary | SPECISOFT S.A. |
| Programme | “Development of Digital Products and Services” – Action 16706 “Digital Transformation of Small and Medium-sized Enterprises”, National Recovery and Resilience Plan “Greece 2.0” |
| Total Budget | 628.490,86 € |
| Public Expenditure | 313.978,61 € |
| Official portal of the Action | Digital Transformation of SMEs – digitalsme.gov.gr |
“The project concerns the implementation of innovative & modern stock-market software, a machine learning system which learns from each stock exchange how it works, ‘its secrets’, and indicates the profitable portfolios.”
The project FIN.I.S. of Specisoft S.A., which is designed and implemented under the Programme “Development of Digital Products and Services”, is an innovative solution that uses the information of the efficient frontier of optimal portfolios (efficientfrontier) of Markowitz, in order to create efficient and profitable stock portfolios.
The innovative approach of the project seeks to create efficient trading strategies, combining the principles of Markowitz with analysis and machine learning technologies, enabling users to design and manage portfolios with scientifically documented investment strategies.
This business field has inexhaustible economic potential, because every innovative solution is also a purchase target, alongside earlier ones, provided it is judged to produce profitable portfolios, in a global market in the order of trillions of Euros.
Given that innovations have been developed and there are very significant application results, the project is developing, alongside the required and specified artificial intelligence Algorithms, a platform for all the G20 stock exchanges (since these account for the bulk of transactions), so that a solution can be offered by monthly / annual subscription as well as in other ways. The proposed project is developed in three phases:
1. In the first phase, the research activity needed to define the general characteristics of the application will be carried out, as well as research and industrial implementation to create the highly innovative proposed model.
2. In the second phase, the analysis, design and implementation of the integrated system for managing stock-market processes and operations will take place FIN.I.S.
3. Finally, in the third phase, the pilot operation of the application platform will take place FIN.I.S. and the procedures needed to promote the system will be applied.
Visit the project website: https://finis.specisoft.gr/
