- Big data and AI company SESAMm has announced that it will integrate Generative AI into its platform.
- This integration will enable SESAMm to offer enhanced ESG risk mitigation.
- Founded in 2014 and headquartered in Paris, France, SESAMm won Best of Show for its 2022 Finovate debut.
sesameis an AI company that provides investment firms with key insights on ESG, risk controversy and other important events, and has integrated Generative AI into its platform. This addition is designed to enable financial institutions to apply enhanced ESG risk mitigation. The integration will allow the company to streamline processes with automation tools and other enabling technologies.
“With Generative AI, we are not only enhancing our internal processes, but also focusing on developing new capabilities that redefine industry standards,” explained Sylvain Forte, co-founder and CEO of SESAMm. . “These include intuitive dashboards, automated ESG/SDG event analysis tools, and client-interaction chatbots, all created to streamline data interactions and increase the efficiency of risk management. I did.”
SESAMm’s technology enables users to gain insight from web data about millions of companies in less than a minute. The company’s platform allows users to generate transparent, real-time her ESG and SDG insights about portfolio companies, suppliers and even their own organization. Risk alerts and monitoring keep users up to date on potential controversies, and users can leverage this technology to build thematic strategies for ETFs and other index-related initiatives. SESAMm provides data from his 20 billion articles on 5 million public and private companies and his 4 million public and premium his sources. Over 100 languages are also covered.
This week’s announcement means that interacting with data on the SESAMm platform will be faster and more intuitive. New features include his ESG/SDG event summaries for both public and private companies and automated competitor search. SESAMm has announced that it will release a set of capabilities powered by Generative AI in the second half of 2023. SESAMm’s Forté hosts online fireside chat. Generative AI and the future of finance Later this month.
Founded in 2014, SESAMm won Best of Show for its Finovate debut at FinovateEurope in 2022. The company, based in Paris, France, demonstrated at the conference. Text publication Solved. TextReveal is an alternative data platform that leverages NLP (Natural Language Processing) to provide daily sentiment and ESG data for public and private companies.
In May, SESAMm announced a partnership with Compass Financial Technologies. The two companies are working together to leverage web sentiment data to build a new cryptocurrency-based thematic index. SESAMm closed its Series B2 round in March, securing $37 million. The investment brings the company’s total equity to more than $65 million (€50.5 million), according to Crunchbase. SESAMm’s investors include Elaia, Opera Tech Ventures and NewAlpha Asset Management.
Photo credit: Pavel Danilyuk
