TipRanks, an Israeli firm specializing in algorithmic-drivel investment analytics and information, has announced a partnership with Stockal, the first online investment platform in India to offer retail investors access to US stocks.
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Stockal is the first India-based financial institution based in India to feature TipRanks' technology, whcih uses Natural Language Processing (NLP) algorithms to aggregate and analyze financial data online.
"Our priority is to bring Stockal users the best financial resources available globally, to ease their decision making process" said Stockal co-founder and co-CEO Sitashwa Srivastava.
TipRanks CEO Uri Gruenbaum called the new partnership a "significant milestone."
"Our goal is to level the playing field for investors by offering them simplified access to institutional-level tools. This is game changing, and I'm delighted that Stockal clients can now make better, data-driven investment decisions," Gruenbaum said.
