Tiger Brokers today announces the official launch of TigerGPT, an AI-powered chatbot developed within its vast spectrum of online services, following a successful beta testing period since April this year.
TigerGPT has been deemed the brokerage industry's first AI-powered investment assistant aimed at providing intelligent decision-making support for investors. Developed by Tiger Brokers’ R&D team and based on OpenAI, TigerGPT is a feature within the Tiger Trade app.
With this launch, TigerGPT introduces a suite of new features aimed at streamlining the pre-investment preparation process. Among these innovations is the ability to perform personalised stock research that enables investors to quickly filter stocks based on their preferred criteria. Additionally, TigerGPT is able to display trending market topics, enabling investors to pinpoint the latest market trends.
Tiger Trade app users no longer need to sift through multiple news sources, TigerGPT assists investors in extracting relevant company news and performing detailed sentiment analyses to distinguish those that are positive from the negative.
Another key feature of Tiger GPT is its capability to provide concise summaries from earnings calls and releases, giving investors a comprehensive overview of a company's performance at a glance. By leveraging Tiger Trade's access to premium data and research, TigerGPT incorporates essential data such as support and resistance indicators, stock trend analyses, and economic calendars, expanding its capabilities to address a wider range of inquiries effectively.
"We recognise the crucial role AI plays in the investment industry today and its potential for future growth, which is why we developed TigerGPT — to revolutionise the investor experience on a larger scale. Users no longer need to rely solely on keyword searches or sift through vast amounts of information to find relevant and concise content, which can be time-consuming. With TigerGPT as their AI investment companion, users can now enjoy a whole new dimension of the interactive experience, empowering them to make more informed and intuitive investment decisions," said Henry Toh, CFO, Tiger Brokers (Singapore).
Furthermore, TigerGPT now offers multi-turn conversations, allowing the chatbot to retain previous user inputs and deliver meaningful responses based on the ongoing dialogue. TigerGPT is seamlessly integrated into Tiger Trade's individual stock page, presenting itself as a pop-up notification when unusual stock activities or significant events are detected.
In line with its commitment to innovation, the TigerGPT team consistently enhances the chatbot on a weekly basis to ensure a seamless and optimised user experience. And utilising advanced machine learning technology, TigerGPT is able to absorb new information and evolve as Tiger Brokers’ engineers constantly update its database with the latest financial data.
The full version of TigerGPT is now accessible to users in New Zealand, Australia, and Singapore.
In conjunction with the official launch, users can actively participate in TigerGPT activities through the Tiger Trade app. By accessing the ‘AI Insights for Earnings Season’ page within the app, users can interact with TigerGPT, ask questions and have a chance to win rewards such as US stock vouchers. Additionally, by posting to the Tiger Community, which is the Tiger Trade app’s in-app discussion platform, and tagging @TigerGPT, users can earn Tiger Coins, which can be redeemed for exclusive gifts and privileges. These activities will be available until 17 October 2023.