FRONTEO’s AI Engine KIBIT Adopted to Enhance Asset Management Capabilities at Daiwa SB Investments
FRONTEO (FTEO)
US:NASDAQ Investor Relations:
fronteo.com/global/ir
Company Research
Source: GlobeNewswire
TOKYO, June 26, 2017 (GLOBE NEWSWIRE) -- FRONTEO, Inc. (“FRONTEO” or the “Company”) (NASDAQ:FTEO) (TSE:2158), a leading provider of artificial intelligence (“AI”) based big data analytics services, announced today that Daiwa SB Investments Ltd., one of the largest investment management companies in Japan, has decided to adopt “KIBIT,” the AI engine independently developed by FRONTEO. Daiwa SB Investments will first employ KIBIT in July 2017 in the management process of Japan Growth Theme Focus (or “Grand Chef”), an open-ended fund that Daiwa SB Investments manages. Since January 2017, Daiwa SB Investments and FRONTEO have conducted a proof of concept (“PoC”) to investigate if KIBIT can learn the tacit knowledge of fund managers while selecting the shares in which to invest. The two firms have also worked together to further verify whether KIBIT can analyze the knowledge it has learned from the experienced fund managers and provide effective support throughout the management pr
Show less
Read more
Impact Snapshot
Event Time:
FTEO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FTEO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FTEO alerts
High impacting FRONTEO news events
Weekly update
A roundup of the hottest topics