Semantic system ag commercializes TRATEK, an intelligent financial profiler

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 16, 2009 -- Zurich, Switzerland – July 15, 2009 - Semantic system ag announced today that it signed an exclusive agreement with Xtentus Ltd. that will allow Xtentus the rights to develop, use, and market TRATEK, a financial trading platform that is based on semantic system’s ai-one™ powered Graphalizer product. Walter Diggelmann, CEO of semantic system ag said that he is “very excited about having a partner that can help take this product to the next level with Xtentus’ proven experience in financial systems and computational models.”

TRATEK enables financial experts to supplement their trading platforms by allowing them to look at developing relationships in a real time scenario that will extrapolate from existing data in order to create more accurate and effective financial models.

The power of TRATEK lies in its underlying technology – the Graphalizer, which is an intelligent analyzer and matcher for time related value chains powered by semantic system’s core ai-one™ technology. ai-one™ is the first biologically inspired intelligence algorithm that can self-learn and detect patterns based on the same fundamental generalizing concepts the human brain uses to perform similar tasks.

Andreas Pfister, CEO of Xtentus who has been developing successful technical trading models since 1990, says that he “has been very frustrated with current financial systems because of their limitations.” Unlike existing systems, TRATEK allows users to search financial data aggregated from multiple data sources by defining multiple filter sets. A filter set can contain any number of user defined filtering criteria which may include a combination of predefined criteria such as Market capitalization, P/E ratio, 52 week price ratio, Return on investment, Return on equity, etc. As each data provider uses different nomenclature for their delivered data, TRATEK’s ai-one™ powered engine is able to automatically translate and execute user-defined matching criteria across providers. Moreover, TRATEK is able to act as an intelligent watchdog deducing expert financial perspectives and prevailing patterns from multiple data sources and sounding alerts when certain market situations match corresponding filter sets.

Mr. Pfister says that he is “looking forward to working with TRATEK to address failings in current systems so that Xtentus can leverage a more comprehensive and accurate analysis of events in financial markets.”

About Xentus:
Xtentus Ltd. is an independent Swiss-based alternative investment asset management firm that specializes in Fund Management and global Portfolio Account Management for institutions and high net worth individuals.

About semantic system ag:

semantic system ag is a Swiss based company that provides biologically inspired intelligence computing solutions using a proprietary core technology, ai-one™ that delivers users powerful artificial intelligence and analytics capabilities by emulating complex functions of the brain.

artificial intelligence     financial trading     intelligent automation     intelligent computing