Luxemburg, Paris, Manama: “We believe our vision which focusses to make more transparent the financial system will protect investors, whether they are big or small”. By 2025, TheMarketsTrust Ratings shall be recognized as the best analytical company providing timely ratings and financial information on all corporates and complex financial products. Our competitive advantage arising from our strong expertise in machine learning, natural language processing, and credit risk modelling will allow us to provide credit risk analysis and early alerts in real time making markets function better”, Mr. Evangelos PAPADOPOULOS, Founder and CEO of TheMarketsTrust Ratings said.
In the past decade, the investment industry and the technological environment have witnessed radical changes. The industry must cope with a need for cost efficiency that no one has ever seen, an increased burden of regulatory rules and the disruptive impact of new technologies. At the nation level, France and the UAE region have initiate their digital transformation. In Europe, Paris is the global hub and first stop for startups. Bahrein has become the preferred gateway for Gulf and Middle East expansion.
TheMarketsTrust is pleased to announce the appointment of Bahraini Knowledge Economy Expert, Mr. Mohammed Ebrahim Al Fardan in the position of the Global Strategy and Investment Executive Vice president of TheMarketsTrust. He is an Award-Winner Global Knowledge Economy, ICO, Blockchain, Internet-of-Things, Artificial Intelligence Expert, Advisor, Mentor.
Mr. Evangelos PAPADOPOULOS, CEO added: “Mr. Mohammed Al Fardan is a great value and asset to our businesses worldwide, his knowledge, experience and achievements will no doubt contribute to the growth and success of our FinTech and Hi-Tech ventures globally.”
“I am honored to be approached and chosen to this executive and important position in a such advance technology and specialized company focused on RegTech and financial systemic risks prevention. It is a great startup with great potential and very advanced technologies. I will focus on expanding the company and its offerings to the Middle East region, then will move to other continents globally”. Mr. Mohammed Al Fardan said.
Founded in 2014, TheMarketsTrust
Founded in 2014 in Luxembourg, TheMarketsTrust was established to evaluate the credit risks of listed and non-listed companies, SMEs and large corporate organizations. Its specialty lies in its ratings, which are recalculated daily. The ratings include an index which reflects the sentiment/perception of end users.
This index, known as the TMT-Index, is extracted from sources like the daily news as well as social media. The company’s methodology is non-intrusive and relies only on openly-available data that is collected from over 20,000 different sources. TheMarketsTrust makes use of advanced machine learning algorithms (neural networks) for scoring.
TheMarketsTrust Advisory Board has vast experience in the development of highly complex and critical mission technological solutions. Recently, the company has been approached to integrate its technology on the Etherum blockchain via smart contract. Such opportunities enable the company to contribute to the next revolution and contribute as well as on the development of a new Credit portal that will enable the financial inclusion of +30 million SMEs.
TheMarketsTrust join in 2017 the RegTech 100 and RegTech 50 directories. These awards have contributed significantly to its worldwide branding. Its CEO, Evangelos Papadopoulos was recognized as Most Influential CEO of the Year 2018 – Technology.
The Differentiating Factor
Incumbents are still using mostly human-driven manual processes, which are very time intensive and sometimes subjective. In addition, with the explosion of the data economy, humans are unable to effectively analyze very large quantities of data. For instance, an Analyst requires an average of two days to get the data and give an opinion on a corporate.
On the other hand, TheMarketsTrust’s approach simplifies the original data so one only needs an average of two hours to complete an analysis.
All incumbents currently use the same approach for risk valuation, which makes it is impossible to get an independent second opinion of any consequence.
TMT stresses that this is a major shortcoming. Their solution is to provide a real second opinion that is based on machine learning (AI) and advanced quantitative models reevaluated on a daily basis.
The company’s models are far more accurate than existing ones. It has been established that classical models have an accuracy ratio of 65%, whereas TMT’s AI approach offers an accuracy ratio greater than 90%.
This is a major achievement that allows it to be more predictive, as well as to create new types of loans that rely on a continuous assessment.
Forging the Future Roadmap
The company will incorporate its Mena’s HQ in Bahrain (Q2 2018) with the target to serve by 2025 1 Million of SME’s in the grand region and reach a yearly revenue of 500 M$. That expansion will also create 500 highly qualify Bahraini jobs. Investors could expert an ROI > 12 x.
Press contact details:
Mr. Evangelos PAPADOPOULOS
Chairman
MyHippocrates
121 rue de Muehlenbach
L-2168 Luxembourg
Tel: +352 661 118 417
evangelos.papadopoulos@themarketstrust.com
Mr. Mohammed Al Fardan
Global Executive Vice president, Strategy and Investment
mohammed@venture-coms.com
