REDWOOD CITY, Calif.--(BUSINESS WIRE)--Yewno, Inc., a leading provider of AI-driven knowledge discovery solutions, today announces its alliance with Nasdaq to create innovative indexes and research strategies driven by Yewno’s core AI technology and data packages. Nasdaq will run and calculate the indexes in real time and can productize the indices for use as Exchange Traded Funds or Structured Products.
The first set of indexes are launched today and capture technologies that are poised to disrupt the real economy. They capture 35 unique emerging technologies including blockchain, 3D printing, satellites, solar power and electric vehicles.
The initial indexes are:
- Nasdaq Yewno Global Disruptive Technology Benchmark Index
- Nasdaq Yewno Global Innovative Technologies Index Family
Yewno created the methodology for the Emerging Technology indexes by aggregating a large amount of structured and unstructured data, identifying key concepts inferentially related to each technology, then leveraging its artificial intelligence framework to correlate them to public companies. Constituent weightings were assigned based on each entity’s level of involvement in emerging technologies. Nasdaq applied the methodology to their global benchmark Nasdaq NQGI Index. The result is global coverage of over 1,000 listed emerging technology companies.
“Yewno is able to surface connections between increasingly fragmented, structured and unstructured data sets, using our proprietary dynamic knowledge graph. As we tailor products for the financial services space, we are deeply engaging with key partners such as Nasdaq to build solutions that are both innovative and actionable,” said Yewno CEO Ruggero Gramatica.
“Emerging and disruptive technologies have developed into a powerful force in the modern economy, driving change at a rapid pace,” said Dave Gedeon, Vice President and Head of Product Development and Research for Nasdaq Global Indexes. “Partnering with Yewno in creating new indexes will enhance benchmarking and classification of companies engaged in emerging and disruptive technologies across all industries.”
Additionally, Yewno and Nasdaq are collaborating on the distribution of Yewno’s alternative data through Nasdaq’s Analytics Hub. Nasdaq will be launching the Yewno Alpha Matrix and Emerging Technology products suites to the Hub in the second quarter.
Founded in 2015, Yewno is helping the world to uncover the undiscovered through its new inference engine, which introduces an entirely new approach to knowledge discovery. Yewno inference engine incorporates machine learning, cognitive science, neural networks, and computational linguistics into an intelligent framework to enhance human understanding by correlating concepts across vast volumes sources. Headquartered in Redwood City, CA, and with offices in London and New York, Yewno is backed by leading investors including Pacific Capital and currently has numerous partnerships across the finance sector, top research universities, publishers and content aggregators worldwide. Yewno was recently named Outsell’s 2017 Emerging Company of the Year, and was chosen from among 250 major disruptors in the global information industry.
For more information, visit www.yewno.com