For Immediate Release
NEW YORK, NY, July 09, 2024 (GLOBE NEWSWIRE) — Markets EQ, a pioneering AI fintech company, announces a strategic partnership with Google Cloud aiming to transform the way investor relations and financial communications professionals interpret earnings conference calls through advanced speech analytics technology.
Listed and available now on the Google Cloud Marketplace, Markets EQ leverages the power of generative AI to decipher sentiment in tones of voice, revealing hidden signals and emotions that are often overlooked by traditional financial strategies. Acting as an AI lie detector for the finance industry, the company provides unparalleled insights by analyzing the vocal nuances of executives during earnings calls.
“Partnering with Google Cloud marks a major milestone for Markets EQ,” said Sean Austin, CEO of Markets EQ. “By combining our sophisticated AI algorithms with Google Cloud’s secure, reliable infrastructure, we will be able to provide hedge funds and financial analysts with the world’s most unique datasets, enabling data-driven decision-making and forecasting accuracy.”
Key features of the Markets EQ platform include:
Innovative voice analytics: Markets EQ uses sophisticated AI algorithms to analyze the nuances in executives’ voices during earnings calls, revealing hidden signals and emotions that often go unnoticed.
Data-driven decision making: By combining tone of voice analysis with traditional financial data, Markets EQ provides a comprehensive view of a company’s performance and potential, improving forecast accuracy.
The world’s most unique dataset: Markets EQ analyzes the tone of voice across thousands of earnings calls, along with reports on S&P 500 earnings (and extending to the Russell 2000), to uncover insights that go beyond traditional metrics.
Using a dataset spanning 16,000 global stocks and over 500,000 hours of rigorously sampled audio at the utterance level, Markets EQ deciphers the alignment between linguistic expressions and quiet undercurrents of emotion. This unique approach delivers a clear view of a world where every tone reverberates with revelation and every inflection lights the way forward.
“Nearly 40% of a message’s meaning is embedded in the nuances of its tone,” Austin added. “Tone intelligence is a relatively untapped market, but as the first company to use tonal intelligence in finance, we are changing that. We’re excited to be at the forefront of this innovation, and our collaboration with Google Cloud will expand our capabilities and reach.”
Markets EQ’s integration with Google Cloud Marketplace allows clients to benefit from a secure and reliable service that leverages cutting-edge speech analytics technology to forecast important events, assess leadership sentiment and anticipate market shifts. By becoming available on Google Cloud Marketplace, Markets EQ is now more accessible to financial professionals looking to transform their analytical and decision-making processes.
About Market EQ
Markets EQ is a pioneering AI fintech company dedicated to transforming the way investor relations and financial communications professionals interpret earnings conference calls. By leveraging generative AI and speech analytics technology, Markets EQ provides unparalleled insight into the hidden language of tone sentiment, enhancing forecasting accuracy and data-driven decision-making in the financial sector.
CONTACT: Zeynep Yenisey Markets EQ, Inc. zeyney.y@marketseq.ai
