Artificial Intelligence Software Finalist
Company News and Press Releases
VantagePoint Named as Finalist
Wesley Chapel, FL, March 24, 2009 –- Technical Analysis of Stocks and Commodities magazine has named Market Technologies, developer of VantagePoint Intermarket Analysis Software, as a finalist in the category of Artificial Intelligence Software in its annual Readers Choice awards program recognizing dominant players in their niche.
The editors of S&C gather a list of the industry’s top products each year and create a survey for readers to rate their favorite product(s) in various categories. Products are categorized by their primary purpose, while some products are grouped by pricing for a more level playing field. The Reader’s Choice Award acts as a guide to products and services, but due diligence is always recommended for any trader.
Artificial intelligence is a systematic approach to trading. VantagePoint uses artificial intelligence technology involving the pattern recognition capabilities of artificial neural networks to find hidden patterns and relationships between twenty-five related markets and the target market. The software analyzes and forecasts price movements for more than 600 world markets each day, recognizing market relationships and their ability to forecast the price trend of a target market, an important factor in today’s volatile trading environment.
“When I first began trading in the 1970s, trading tools, services, and systems were limited. It’s amazing to see the tremendous growth that has occurred over the years,” said Louis Mendelsohn, CEO and President of Market Technologies. “My research team, The Predictive Technologies Group, has been focused on the accelerating globalization of the financial markets and has continued to make improvements to VantagePoint’s predictive accuracy, which now makes trend forecasts for more than 600 global financial markets with nearly 80% forecasting accuracy. We look forward to being the winner of next year’s category.”
About Market Technologies () Headquartered in Tampa Bay since its founding in 1979 by Louis B. Mendelsohn, Market Technologies is a fast-growing, Inc. 500 company and recognized world leader in market forecasting with trading software customers in more than 90 countries worldwide. Market Technologies researches and develops proprietary trend forecasting and market timing technologies that utilize artificial intelligence applied to intermarket and hurricaneomic analysis to forecast various commodity and financial markets throughout the world. These presently include, but are not limited to, stocks, stock indexes, ETFs, energies, interest rates, currencies, metals, grains, meats, softs and Forex, covering more than 600 world markets.