Aurexia and SESAMm join forces to democratize the use of big data by financial institutions

SESAMm, a leader in big data and AI solutions for asset management, and Aurexia, one of the leading financial services consulting firms in France, have just signed a partnership.
PARIS - Jan. 12, 2021 - PRLog -- Their goal: provide to financial institutions specialized tools and indicators to process and exploit alternative data, extrafinancial data traditionally not exploited in the investment process, for example from blogs, specialized information sites or social networks. By leveraging a set of technologies based on natural language processing (NLP) for quantitative management applications, ESG analysis, e-reputation on portfolios or issuers among others, SESAMm ensures the highest level of access and information processing through millions of data sources. Aurexia brings then its specialization, its complementary knowhow in many facets and segments of the investment process makes it possible to respond to the industry's issues in a more comprehensive way.

In order to make the most rational strategic and financial decisions possible, financial institutions must collect and process considerable volumes of data. If the information is of poor quality, partial or obsolete, it can represent a double-edged sword. Accessing millions of alternative data sources from the web with more than 10 years of history helps overcome this challenge and better understand market sentiment in realtime. Leveraging its data lake containing several billion messages, SESAMm relies on the analysis of this textual data to create innovative analytics and indicators applicable to numerous investment case studies. Extracting value from Big Data and textual analysis enables the creation of powerful decision support tools while saving huge budgets in data collection, management, analysis and classification.

"The AUREXIA-SESAMM partnership brings value to the financial industry by combining a good understanding of the business challenges on the investor offer and risk management, with a complete solution for alternative data collection, positive or negative scoring on ESG criteria with data traceability and early detection of weak signals.," explains Dominique Herrou, partner at Aurexia."Our clients have been using alternative data for years to identify and analyze relevant and contextual information using the technologies of our TextReveal and SignalReveal tools, bringing solid business benefits to financial institutions. These include ESG data, portfolio and alpha construction, asset allocation, early warnings in credit and other applications in areas such as private equity. "unveils Sylvain Forté, CEO of SESAMm.

With offices in London, Paris, Luxembourg & Asia, Aurexia operates exclusively in the field of financial services and provides consulting services to companies through its 10 dedicated markets: Capital Markets, Transaction Banking, Securities Services, Asset Management, Private Banking, Retail Banking, Insurance, Finance and Risks, Compliance & Data Management.
Cases where the firm has used SESAMm solutions include extracting relevant information that can improve customer management services, minimize risks or speed up compliance with regulations in force.
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