Author: Ulrike Haferstroh

Mistakes, misunderstandings and missteps. Most of us will do anything to avoid them. In many cases humans find it uncomfortable, not to say humiliating, to even admit to own fallibility. Nevertheless, mistakes are inevitable, not only to humans but also to algorithms. In the fast-paced world we now live in, a big source of such mistakes could be to easily incline toward optimizing what does not really matter! Given that in the financial domain the weight of influential parameters in the market can vary across time in our world of continuous...

Our TechCode co-working space is colorful and international. Typical Berlin, huh? Well, who walks by our rooms may be pleased to hear a lot of English words and? Chinese! To kick off the Fintech Summit AsiaBerlin, TechCode hosted the "Connecting DLT Communities; the Chinese blockchain delegation visits Berlin"-meetup. We spoke with Christian Trumm, FinTech Advisor, Board Member & Conference Host of the - Fintech Summit AsiaBerlin @ Asia-Pacific Week Berlin. Why having a Fintech Asia Summit in Berlin? “Berlin is an exciting, creative and cosmopolitan FinTech location. This is where consumer...

We launch our News & Trend Lab. It is a web-based application that offers an organized and efficient real-time overview of topics and trends in the financial news. Our product YUKKA News & Trend Lab offers a visualization of sentiments in an intuitive cockpit-style interface, for efficient information processing and easy interpreting of complex contexts and relations between markets, companies and its stakeholders. Multiple search and filter options facilitate access to all relevant topics, news and sentiment trend changes in one screen from the ever-increasing mass of financial and business news. The YUKKA Trend...

How many newspapers can you read? I mean at once, simultaneously? YUKKA reads 3 news stories at once. Per second. Per processor that our machine is running. Ok, this comparison might not look fair. But we love that fun fact about our YUKKA News & Trend Lab. Just to give a little insight into the wide range of newspapers that are aggregated and analyzed in theYUKKA News & Trend Lab: New York Times (US), The Washington Post (US), The Guardian (UK), New Zealand Herald (NZ),  Toronto Star (Canada) and many many more. Plus Top Newswires, plus Journals/Business...

To speak at the Finovate is always special. Not only this conference attracts an amazing high-impact audience of financial and banking executives, it is also straightforward about product demos and pitches, while at most other conferences the product pitch always has to be shamefully hidden behind theses on the latest developments and future scenarios. At FinovateAsia in Hong Kong, we already convinced the audience with the beta of our YUKKA News & Trend Labs and brought the Best of Show award home. Beginning of March, Oliver Berchtold and Andreas Pusch...

Everyone who trades shares knows how negative scandals can be for share prices. Just to mention three examples from the past: 1. Boing´s 787 Dreamliner disaster 2. VW´s emissions scandal „Dieselgate“ 3. Steinhoff accounting scandal In the course of these events, the shares of these companies fell significantly. A costly affair if one was not warned in time. Aggregated sentiment indicators function as a valid early warning system and to estimate the impact of scandals. With these sentiments and on the basis of their development, one can easily recognize when a scandal escalates and when it...

Once upon a time, there was a researcher, an NLP one. Day by day our hero was writing programs, collecting data, processing it, delivering various analysis and extracting information. What? Doesn't sound like a real story full of magic, dragons, and princesses? Then let me pose a few questions: How often do you ask princess Siri to show you the way to the nearest coffee shop? Have you ever used the knight of translate button on Facebook? Do you use autocorrect feature to fight the error dragons on your mobile? Add countless applications related to machine...

The Birds Nest, the innovation laboratory of Berliner Sparkasse, was founded a year ago and on the occasion of this first birthday, interested employees were invited to inform themselves about topics, projects and working methods of the Birds Nest and other working groups. There are various workshops on topics such as technology and trends, innovation and digitization in finance. "So that Berliner Sparkasse can stand its ground on the market for another 200 years to come, we should regularly look at technical changes and new trends and be open to...

The Swiss market is not an easy number for a German company. We at YUKKA are all the more proud of the fact that we were once again able to convince the Swiss. At the beginning of February, we attracted the investors of Equitypitcher and above all Sascha Horrig and Hermann Koch, both start-up entrepreneurs, Business Angel and co-founder of Equitypitcher, for an investment. The motto for the two experienced business angels is:"We love good startups!". Our new investors were particularly impressed by the combination of high added value and enormous...

Falcon Private Bank Ltd, a Swiss private banking boutique with more than 50 years of experience in private banking, was acquired as a client at the beginning of January. Here, the YUKKA News & Trend Lab is now used with the aim of identifying possible corrections to the equity markets at an early stage and positioning the portfolios accordingly. "With the new early detection system, the YUKKA News & Trend Lab complements our broadly based investment process in an important area: the market sentiment. Thanks to YUKKA Lab's innovative approach, our investment...