APPLICATIONS

Finance Recommendation Engine

The world of finance in the digital age relies on institutions, banks, hedge funds, trading desks, and investors to be able to react at a moments notice when opportunities arise. As financial information starts to become free and ubiquitous, it's not the access to the information that is the problem; it's reviewing the data and overlaying it with trends to find opportunities others have missed. You may also want to create your property feeds that grab from several information sources and combine it with your internal data.

This data can also overlay certain rule sets to recommend specific buy and sell orders, position sizes, grab in contextual information such as articles regarding price movements, and so much more. All this data, combined with your rule sets, can bring recommendations that can provide a strategic first-mover advantage with the help of your current or additional financial data.

If you're interested in improving your financial strategies via the help of a recommendation engine suited to your business, then reach out to us.

How recommendation engines work

Recommendation engines thrive on data, and the more data you can supply, the better the engine's results will be and the more granular you can become with your rule sets.

Add data sources

Add both implicit data and explicit data into a Locstat run recommendation engine through API endpoints, CSV import or custom data plugins at lightning-fast speed to fill your engine with the correct data it needs to improve its service.

Speed

Recommendations work best when done in real-time as they have the goal of tapping into users current thought process. Use Locstat recommendation engine to increase your customer satisfaction and spending with AI-powered recommendations.

Deep learning

Locstat's recommendation engine uses machine learning, and deep learning algorithms recommend content and product to your visitors as per their taste and preference with unmatched accuracy.

Product variations

Our recommendation engine can perform its service using information and digital products or physical products. From e-books and articles to products matched by price range or brand variant to job portals and matching applicants with jobs, the applications are endless. The adaptability of Locstat's recommendation engine is the key to proving your product with superior customer experience.

Applications

Recommendation engines integrate with a range of marketing tools from directly into a website and mobile app to marketing tools like Email or SMS service. These integrations help to get the right recommendations in front of the right customer at the right time.

Contact us

If you’re looking to leverage the latest in smart technology and data management contact us for a consultation today.

Features provided by Locstat

When you sign up to Locstat you will have access to a host of data capturing, data processing and user data capturing features. You are free to choose the feature sets that apply to your business and ensure that your data is accurately captured, attributed and analysed for improved performance and more in-depth insights. 

We currently provide our clients and subscription holders with the following benefits.

Event Source & Data Input Layer

  • Databases
  • Message queues – RabbitMQ, MQTT, ActiveMQ, Apache Kafka
  • Locstat DarkMatter sensor data bus
  • Sensors & Devices
  • Locstat App Framework
  • API Framework

Data Processing & Orchestration Layer

  • Linearly scalable big data storage
  • Graph database
  • Streaming analytics
  • Machine learning framework
  • Geospatial processing engine

Complex Event Processing Layer

  • Computation oriented CEP
  • Detection oriented CEP
  • Rules-engine
  • Machine learning
  • Alerting system
    • SMS
    • email
    • Message services/BPM

User Interface Layer

  • Various User Interfaces
    • 2D & 3D Geospatial Interface
    • Graph Visual Analytics
    • Dashboards
  • Integration to 3rd party visual interfaces

The latest news

Find out more about what we’re up to at Locstat, the latest developments to our core products and services as well as staying up to date with industry news and trends.