Top tools for finance: budgeting, investments, analytics, and automated trading solutions.
So, you've probably heard about AI shaking up just about every industry out there, right? It's wild how much tech is transforming our daily lives. Well, finance is no exception.
Why AI in Finance?
I was just as skeptical as the next person when I first heard about AI tools for finance. I mean, can a computer really make smarter financial decisions than a human? Turns out, the answer is a resounding yes. AI has been a game-changer, offering everything from expense tracking to investment advice.
Tracking Expenses Made Easy
If you're anything like me, managing finances used to be a headache. Remember the days of maintaining an Excel sheet or jotting numbers in a ledger? Those are long gone. AI tools now automate the grunt work, helping you track expenses in real-time, categorize spending, and even spot unusual activities.
Investing with Confidence
What's even cooler is how AI is taking the guesswork out of investing. Whether you're a seasoned investor or just dipping your toes in the stock market, there are AI tools designed to help you make informed decisions. They analyze market trends, predict stock performance, and offer personalized advice.
Ready to dive in? Let's explore some of the best AI finance tools out there!
76. Osfin AI for comprehensive finance automation
77. Schwarzthal Tech for kyc tool for financial crime risks
78. GPT-3 Demo for advanced financial analysis
79. Parsers VC for predictive investment insights
80. Monai for expense tracking made effortless
81. Stocked AI for portfolio risk assessment
82. Pine Script Wizard AI for custom tradingview strategy creation
83. Hoopsai for personalized trading ideas and analysis
84. 8vdX for automate bond screening with ai
85. Query Kitty for profit optimization tool
86. Quordata for advanced text analysis for traders
87. Relay for real-time financial data update.
88. Tradingview for chart analysis and visualization
89. Streamlined Finance for identify undervalued stocks easily.
90. World Store for optimize transaction costs with ai
Osfin Ai is a finance tool that has been highly praised by various teams for its efficiency and effectiveness in financial operations. Users have reported that Osfin Ai streamlines processes such as managing partner compensation, reconciling complex transactions, automating payouts, and enhancing cash flow visibility. It is commended for its comprehensive finance automation, automated accounting, and focus on reconciliation. The platform also helps in identifying revenue leakages, processing various file formats, and ensuring accurate decision-making from unstructured documents. Additionally, Osfin Ai offers features like template-free document processing, complete cash flow audit, and transaction transparency. While it has received positive feedback for its benefits in improving financial operations and efficiency, some users have noted limitations such as limited integrations, lack of real-time support, and the need for advanced security features. Overall, Osfin Ai appears to be a valuable tool for enhancing financial operations and facilitating smoother transactions in various organizations.
Schwarzthal Tech is an AI-driven platform designed for financial crime intelligence, aiming to detect and prevent financial crimes through network assessment, data linkage, flow aggregation, and machine learning. It provides insights into strategic risks related to various financial crimes such as money laundering, tax evasion, and fraud. The platform offers a range of tools for financial crime prevention, including KYC, AML, VAT tools, tracking of carbon fraudsters, and future frauds monitoring. Schwarzthal Tech's machine learning techniques are essential for information extraction and detecting patterns indicative of financial crime. The platform also employs a multi-dimensional risk rating tool for compliance purposes, utilizing semi-supervised learning techniques for a comprehensive risk assessment.
BloombergGPT is a specialized 50-billion parameter language model tailored for the finance industry. It stands out in financial tasks while also demonstrating competitive performance in general natural language processing (NLP) tasks. Some key features include its purpose-built design for financial data processing, superior performance compared to similar models in financial-specific tasks, capability to handle various NLP tasks in finance, and integration with over 12,000 APIs through Apideck. In addition to BloombergGPT, there are alternative models like Tongyi Qianwen, AlexaTM 20B, Koala BioGPT, and BLOOM available in the market.
Parsers VC is a revolutionary venture capital data provider based in New York, USA, established in 2019. The company utilizes advanced AI algorithms to offer unparalleled insights into the venture capital market. Their services include collecting data on VC funds and startups, comprehensive database integration, team analysis, news aggregation, funding rounds identification, investment attractiveness calculation, venture matching, and advanced learning through Reinforcement Learning (RL). Parsers VC has made a significant impact in the industry, catering to top-tier venture capital data providers globally. The platform serves as a vital resource for companies like McKinsey & Company, VentureCap Insights, Startup.Network, TotemVC, ITC Limited, and SKAEL, among others. By providing accurate and relevant data, Parsers VC has gained the trust of over a hundred companies worldwide. For more information on their services and how to engage with them, interested parties can reach out to Parsers VC at [email protected] or visit their office in New York. Parsers VC combines data-driven insights with innovative solutions, paving the way for the future of venture capital.
Paid plans start at $26/month and include:
MonAi is an AI-powered expense tracking application that simplifies financial management by allowing users to input expenses in a voice message-like format. The app automatically categorizes and splits the input into a short description, amount, and category. Key features of MonAi include secure storage on iCloud without the need for login credentials, the ability to share and collaborate on expenses, and a user-friendly design. Users can use MonAi to manage shared financial responsibilities efficiently and securely in 2023.
Stocked AI is an advanced platform designed for stock market enthusiasts, blending sophisticated neural network machine learning algorithms with daily updates to provide precise stock predictions. The platform emphasizes affordability, making its subscription-based service accessible to individual investors. It offers transparent reporting of the mean squared error (MSE) of predictions, ensuring trustworthiness in decision-making. Stocked AI features advanced neural networks, daily model retraining, an affordable subscription model, transparent error metrics, and continuous performance monitoring to maintain and improve prediction quality over time.
Pinescriptwizard is an AI-powered tool designed for generating Pine script strategy or function code for TradingView. It provides a quick and efficient solution for traders seeking high-quality code by utilizing the power of AI. The tool operates through a chat-based interface where users can input their coding objectives in text format, specifying the type of trading system they are looking for (e.g., trend-following, mean-reversion, breakout system, or indicator), preferred indicators and settings, trading rules, market side (long or short signals), and take profit/stop loss levels. Once the input is provided, Pine Script Wizard generates optimized and accurate Pine script code suitable for the TradingView platform.
The process involves users copying and pasting the generated code into the TradingView Pine Editor. In case of errors during code saving and compiling, users can paste the error back into the chat interface, and the AI will provide fixes. It is important to note that the generated code is intended for educational purposes only and should not be used for actual trading without thorough testing and analysis. Traders are advised to consider their objectives and experience level before making any trading decisions.
Paid plans start at $9/USD and include:
HoopsAI is an AI-powered web application designed for retail investors in the stock market. It utilizes advanced AI technology to provide personalized trading ideas, asset recommendations, and strategies based on fundamental, technical, and social sentiment analysis for various assets like stocks, currencies, commodities, and cryptocurrencies. The platform aims to empower investors by offering tailored insights to make informed decisions and maximize their understanding of the markets. While HoopsAI does not provide investment advice, it delivers real-time trading analysis and encourages users to explore a wide range of investment opportunities beyond traditional assets like Tesla and Apple.
8Vdx is a finance tool designed to assist hedge funds in navigating complex debt markets with ease and insight. It offers AI models fine-tuned on the investment thesis and intellectual property of each fund, allowing for streamlined screening of bonds and efficient investment analysis. The tool also provides continuous learning from surveillance, advanced AI solutions for credit underwriting, and turbo-charged due diligence through AI technology. Moreover, 8Vdx enables fast, custom analysis to test hypotheses about potential alpha generation strategies.
Query Kitty is a platform designed for traders and crypto enthusiasts, offering advanced trading tools and insightful research resources tailored to the needs of a diverse client base seeking efficiency, accuracy, and depth in their trading strategies and market analysis. The platform features a Trading Terminal for high-level trade execution and market monitoring, a Discord Bot & Mobile App for on-the-go connectivity and community engagement, as well as tools like Profit Taking and Relative Valuations to support informed decision-making based on market trends and investment optimization.
Quordata is an AI-powered investment research tool that streamlines the process of making investment decisions by providing real-time, actionable insights from online text. It can analyze text from various sources, including social media platforms like Twitter and LinkedIn, online forums like Reddit, and reputable news sources like the Wall Street Journal. Quordata offers advanced text analysis using proprietary spam, sentiment, and biterm topic models, presenting the insights in easily digestible formats through custom dashboards. The tool is available in Basic and Pro plans, with the Pro plan offering unlimited access to real-time metrics on social sentiment for all publicly traded companies, advanced AI-driven analysis, and priority access to new features and updates.
Future plans for Quordata include a lineup of groundbreaking feature releases for 2023, with active alerts provided through a dedicated mailing list. Users can sign up for Quordata on their website and explore the tool's functionality before signing up. Quordata can analyze text from any company and track public sentiment by analyzing text from various sources like Twitter, Reddit, LinkedIn, and the Wall Street Journal. The community of like-minded investors on Quordata is expanding, providing a platform for interaction and sharing insights among investors. Quordata is praised for its streamlined research process, actionable insights, custom dashboards, and plain-English explanations, making it a valuable tool for investment research.
Paid plans start at $9.99/month and include:
Relay is a finance tool that utilizes AI to assist users in managing and analyzing investment documents and company updates. Users can extract key details by forwarding emails to Relay, which then automatically parses information like pay-to-play provisions, revenue metrics, and other terms from the documents. Relay offers document management capabilities, portfolio tracking dashboards, team permissioning features, and ensures the security and privacy of user data stored on AWS services.
If you need any more information or details about Relay, feel free to ask!
TradingView is a comprehensive financial platform used by traders and investors to analyze markets, create and test trading strategies, and connect with other traders worldwide. This tool offers a wide range of features including advanced charting tools, real-time data, customizable indicators, and social networking capabilities. Users can access TradingView through web browsers or mobile apps, making it convenient for monitoring and trading activities on various devices. Overall, TradingView is a popular choice for individuals interested in technical analysis, market insights, and social trading within the financial markets.
Paid plans start at $83.40/year and include:
World Store is an ultimate asset aggregator that provides users with the fastest and easiest way to buy any token or NFT from any currency to any asset on any chain. It is powered by AI Asset Agents (AAA) offering personalized asset recommendations, supports purchases with fiat or crypto, and optimizes transaction routes to minimize costs through AI Asset Agents. Users can connect their wallet to earn points and benefit from comprehensive on-ramp, swap, bridge, and settlement methods.