Intelligent Recommendations develops a recommendation system for financial investments.
The Hamburg-based fintech is building an intelligent recommendation system for financial investments based on Big Data analytics and the principle of collective intelligence. A very good example of this collective intelligence is the audience joker in a TV quiz show. And even that is merely based on an experiment from the early 20th century, because if you ask different people an estimation question, the averaged answer value is always close to the result. This is exactly what IR takes out for its investment solutions. With its innovative solution and bank-independent approach, Intelligent Recommendations says it holds a global monopoly position.