Listen to this articleBelow is our recent interview with Balkrishna Shagrithaya, Chairman at ForeSCITE:
Q: Could you provide our readers with a brief introduction to your company?
A: ForeSCITE delivers AI-driven SaaS solutions for the retail and enterprise through its ensemble of mobile and web based digital personal investing applications for the retail, and TAMP solutions for the enterprise. ForeSCITE’s AI-driven platform can create model portfolios, by optimizing existing portfolios to hedge against risk. ForeSCITE’s mobile application delivers the most comprehensive AI-powered digital personal finance tools including self-directed investment decisions, directed Robo investing, goals planning, and intelligent budgeting.
Q: Any highlights on your recent announcement?
A: Our recent announcement was the launch of our AI-powered digital personal finance application that enables retail investors to make intelligent self-directed investments using ForeSCITE’s projected future price predictions. In addition, they can use directed Robo investment using the same technology previously available only to hedge funds and large financial institutions. The technology intelligence behind this app is not just limited to purchasing stocks but also empowers users to do goal planning and intelligent budgeting.
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Q: Can you give us more insights into your offering?
A: Our offering revolves around 8 major touchpoints.
1. Access the technology used by hedge funds and major financial institutions use; Our technology is used by major financial institutions. We are now making that same technology available to the retail investor.
2. See into the future with state-of-the-art stock price trend predictions; ForeSCITE provides AI-driven 30-day medium-term price forecast for the stock that retail investor is about to purchase, allowing the investor to more confidently make the purchase.
3. Aggregate and monitor all your financial accounts in one place; ForeSCITE not only supercharges your investing, but aggregates all of your financial accounts. ForeSCITE provides holistic view of all your investments accounts along with aggregate risk.
4. Keep total control of your funds; You maintain custody of your capital and are the ultimate arbiter on all investment decisions. You can unlink from the robo or group trader whenever you want.
5. Link to to thousands of financial institutions; With ForeSCITE, users can easily link any brokerage account to start trading or simply create a new one in the app with DriveWealth, an award-winning independent custodian and broker-dealer.
6. Grow your savings with AI-Powered financial planning; Set a dollar amount goal for your portfolio and make a lump sum investment or recurring investment.
7. Outperform your traditional financial advisor; ForeSCITE is one of the top performing robo advisors. We help you better manage your investment accounts with AI-powered cutting-edge tools.
8. Stay informed with 24/7 Risk Monitoring & Reporting; Our AI provides proactive risk monitoring and disciplined execution of investment decisions to keep you informed about your portfolio every step of the way.
Q: What can we expect from your company in next 6 months? What are your plans?
A: At ForeSCITE, we are constantly enhancing our product to expand the experience of retail investing. Today, clients can do self-directed stock investments using ForeSCITE’s 30-day medium term price forecast before purchasing a stock. In the future we will provide the same type of functionality for options and cryptos.
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Q: What is the best thing about your company that people might not know about?
A: ForeSCITE’s AI-driven 30-day medium term price forecast that investors can use before purchasing a stock. This provides the investor greater confidence in doing self-directed investing.
