Viewing profile — kbennatti

Love this!

My personal experience supports a lot of this. I’ve become more practical and less idealistic with age and that’s mostly been a great thing for me.

See response above. And not just fraud detection. We plan to expand to other areas including credit/bankruptcy, ESG and tracking macro changes and trends

A few reasons but the primary one is impact. Our mission is corporate accountability through information transparency. Once you become a hedge fund your incentives for information …

We don't sell to filers. Ever. Got to protect against conflicts of interest. That's one of the reasons we don't have a true free version of the product. That said, we're using lang…

We love footnoted! Michelle Leder of footnoted has been really supportive of our work. She recognizes that it's an important area for tech innovation. footnoted isn't operating rig…

Yeah, people have been doing sentiment analysis of press releases etc for years now and very few corporates bother trying to use software to test/counteract it

You've hit the nail on the head (mostly)...but I'm going to say no more because its part of our secret sauce

I love that. I agree until the "nothing" bit. Some things do get priced in. You can see specific stocks "react" to news, adjusted for market returns etc. ESG factors do appear to b…

Seconding Suhas here. Super rad

So true

It's disclosed in their filings e.g. "Among the vendors were a director of the Company and an entity controlled by such director" At lot of egregious things are disclosed on page 1…

Thanks for website edit! Fixed. We don't rely on XBRL for parsing. It's not very consistent/reliable and its mostly for numeric content. We've definitely considered integrating rat…

Aw cool! Can I hang out with your Dad? ;) We do pick up on overly promotional/jargon-y language to some extent. For the most part, however, word lists haven't worked for us.

just a sample

in-kind services is always a red flag because it's easy to fudge the accounting

Nikola red flags for you! (all algorithmic) 1. "For example, in September 2020, our founder and former executive chairman, Trevor R. Milton, stepped down from his positions with us…

Yes, it did. BUT here's the thing -> Nikola was first a SPAC and by the time it filed its first filing as Nikola, the Hidenburg report was already out so its not a true example of …

Ooh I love MTL. That's the first place I lived in Canada. Great q. We used SEC enforcement actions related to fraud as our gold label (fairly common practice in academia). Really k…

Interesting. Potentially? How do we get in touch?

Our product has two very distinct outputs 1) red flags and 2) a risk score. Our primary value-add is the red flags which are a qualitative input into an analysts process. We find t…

We don't sell to filers. Ever. Got to protect against conflicts of interest. That's one of the reasons we don't have a true free version of the product. That said, we're using lang…

Or this? John Rohner, claimed that he'd developed tested and patented a "plasma engine" fueled by inexpensive and abundant noble gasses. He also claiming that he graduated from Har…

Like this? This Oxford City Football team, a boiler room operation, duped people by saying that they were bound by a voice recognition and proved it by using the phone to make some…

Re: alpha -> our focus is on extracting red flags that are similar to what a forensic accountant/analyst would find. AI-assisted research rather than AI driven. trading on fraud si…