Sentieo Is SOC 2 Compliant!

Here at Sentieo, we continually invest in security and availability best practices to safeguard the valuable data stored by asset managers and Fortune 500 competitive intelligence, IR, and strategy professionals in our corporate research platform.

We are pleased to announce that we have successfully completed our SOC 2 audit, conducted by A-LIGN, a leading compliance and cybersecurity firm. The report produced by A-LIGN confirms the effectiveness of the policies, procedures, and process controls Sentieo has in place to ensure data security, availability, and privacy.

 

Why SOC 2 Compliance Matters

As more and more organizations adopt SaaS solutions to support business critical operations, the American Institute of Certified Public Accountants (AICPA) created the System and Organization Controls (SOC) for Service Organizations standards to govern how SaaS and cloud service providers assure that their customers’ information is secure and available when needed.

The SOC 2 audit process is rigorous, thorough, and has become the gold standard for security compliance for SaaS companies.

Achieving SOC 2 certification means that Sentieo’s software meets the standards for data oversight and monitoring, and that we can proactively identify and address any unusual activity.

 

Sentieo Security Controls at Work

Sentieo’s financial research platform was designed from the ground up to be a secure, multi-tenant solution. Some of the security safeguards we’ve put in place to protect customer data include:

  • Data transmitted between Sentieo’s platform and our users is encrypted data in transmission using transport layer security (TLS)
  • All database data is encrypted at rest. User passwords are further encrypted within the database and different methods of Single Sign-On (SSO) are supported.
  • Sentieo’s production systems reside within a secure Virtual Private Cloud (VPC) within Amazon Web Services
    • VPC access is secured through a password-protected Virtual Private Network (VPN)
    • Sentieo requires 2-factor authentication for access to our AWS consoles
  • All customer data is logically isolated, with a unique set of authorization tokens used whenever customer data is being submitted to Sentieo.

Learn more about Sentieo Security and Availability. 

 

Future Security Enhancements

Sentieo is fully committed to the ongoing security and availability of customer data. We continue to grow our team of data security experts and will further validate our commitment to the highest standard of security controls and availability by completing our SOC accreditation.

Stay tuned, too, for new enterprise security deployment offerings that will be rolled out later this year.

If you have additional questions regarding Sentieo’s security or availability processes and controls, please reach out to us at hello@sentieo.com.

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Disrupting Transcripts: Short Video Example on UPS

Last week, just in time for earnings season, we released Sentieo’s machine learning-based transcript Smart Summary™ feature. In short, we automated what we used to do as buyside analysts: reading through transcripts and classifying information.

This week, we’ve looked at the newest transcripts from Goldman Sachs and Haliburton in detail. Yesterday, we shared an in-depth video discussing Whirlpool: from redlining the 8-K, to looking at the stock price action post-call, to its Smart Summary™. 

Today’s video is shorter, as we only focus on the Smart Summary™ aspect and we discuss UPS. We were able to extract the important information in about 2 minutes.

The Smart Summary™ is one of two major ML-based product releases we had this month: take a look at our synonym suggestion tool as well. Your searches can be a lot more productive with this dynamic addition to our existing large synonym/acronym dictionary.

If you are ready to test out our platform, please get in touch.

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Disrupting Transcripts: A Smart Summary™ Video Tutorial

This week we’re showcasing our new, machine learning-based transcript Smart Summary™, an entirely new way of reading — and more importantly, summarizing — transcripts

Yesterday, we looked at Halliburton’s transcript Smart Summary™In today’s post, we’re sharing a video that covers Whirlpool (NYSE:WHR), a “classic” industrials company. We review the earnings 8-K, discuss the positive after-market reaction to the guidance increase, and then we dive into the transcript to see why the stock actually declined after the call. 

To try using Smart Summary™ in your own research workflow, sign up for a custom demo.

Disrupting Transcripts: How We Used Sentieo’s Transcript Smart Summary™ to Review the Halliburton (HAL) Call

Oilfield services provider Halliburton (NYSE:HAL) is the first installment in this week’s Smart Summary™ showcase. We are applying our newly released machine learning-based tool to improve our own reading while saving time. Below, we will highlight how we picked out the critical pieces of information on the call in just a handful of minutes. 

If you haven’t read this feature’s announcement post, here’s a recap. Smart Summary™ is a one-click application of machine learning that “slices” transcripts in several ways. One of these slices is a broad Classification, like “Guidance” or “KPIs. (See 1 below).

The second slice (2) is based off NLP-powered sentiment (green and red labels). The third application is based on surfaced Key Terms: products, brands, and geographies (3). The fourth and most innovative application is the removal of the chronological flow all together; sentences are sorted in a table view mode, and can be ranked by “signal strength.”(4) 

(1) (2) This is what the clickable Classifications look like for HAL’s transcript:

(3) Top NLP-surfaced Key Terms are clickable as well.

(4) Clicking the Table Icon in the upper right will open the sortable sentence Table View. (Click on image to zoom in).

With this in mind, here is what we are seeing as key pieces of information in HAL’s transcript.

Free Cash Flow has been and will continue to be positive. This is really good news given the FCF challenges in the energy industry:

Directly related to FCF, HAL is cutting back on capex and is focusing on margins:

Increased activity in several regions led revenue growth in the quarter, while the overall outlook is optimistic:

Switching from the full transcript view to the summary view for the Guidance classification, we see the summary at the end of the call: guarded optimism and focus on margins and capex. 

We complete the final review of the transcript using Table View: the non-chronological way to extract information from transcripts. We can see how key sentences on the topics highlighted above are picked up by NLP. Readers can sort sentences along several categories. 

In terms of Guidance “loading,” we see Free Cash Flow ranked highly multiple times:

Ranked purely on sentiment, we can see that the overall business did well in the quarter across several geographies:

Ranking for Products and Markets, we see new product discussions as well as the pricing signals.

Investors can also easily pick up the negatives in the results and in the outlook: large legacy frac fleet, soft pricing seen by competitors, some segments might see revenue declines. 

Reading non-chronologically does not mean reading out of context. Simply click on the Context link to see the phrase within context. 

The Table View is also available for the NLP-surfaced Key Terms. In one glance we can see whether these terms are used more or less quarter-over-quarter, and by whom (analysts vs. management). We see how prominently “North America,” “capex,” and “Free Cash Flow” are featured. An added time-saving convenience is that these Key Terms are click-through: clicking on one will search all HAL transcripts for that term, so you can get immediate historical context in seconds. 

Here we have clicked on Capex, and we can see highlights in the most recent transcript: note how Sentieo’s synonym search picks up various forms of the term.

To learn more about how using the latest ML-based tools can help you and your team be more productive, please get in touch with us

 

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Introducing Sentieo’s New Document Search User Interface

Sentieo users are now able to try the beta release of our brand new Document Search user interface (UI). While it may seem familiar, the UI has been rebuilt using modern tech such as React. This new build enables significantly less memory consumption and greater responsiveness across the board. Plus, we’ve extended Sentieo’s sentiment and natural language processing capabilities to include a host of new AI-powered features detailed here.

AI-Powered Features

 

Smart Summary™

With Sentieo’s new, ML-driven transcript Smart Summary™, we enable analysts to pick up the important information across multiple classifications, such as guidance and KPIs.

To trigger Smart Summary™, users can simply click the “brain” icon on any transcript. To learn more about Smart Summary™, read this post.

 

 

Query Autocomplete

Our data science team has built an algorithm to identify key terms and topics for all companies within our database. Similar to a Google search, when a user starts typing inside of the query box, Sentieo will automatically populate suggested terms for you based on actual terms used by the company. This makes it much easier to find exactly the keywords you are looking for. Autocomplete intelligently populates based on which tickers and watchlists you have selected in the ticker box.

 

Suggested Synonyms

We are very excited to announce a giant leap forward for our Synonyms system. We have been using an NLP + machine learning-based algorithm for the last couple years to help us internally define and expand our deep synonym library. We are now very excited to open up that system to Sentieo users with our new Suggested Synonyms feature.

Using Suggested Synonyms, Sentieo is able to parse your query and automatically suggest possible synonyms to expand your search. While all of these synonyms may not be pertinent to your search, the function lets you quickly decide which you would like to add to your search. Just click the suggested synonym and it will automatically be added to your search query:

General Document Search Improvements

The Sources Selector

When we looked at usage analytics, we realized that the Document Type filter was the most used filter by a large margin. To make this filter more accessible and easier to use, we’ve made it a part of the main search interface. Additionally, we have renamed the filter to “Sources” to more accurately represent the functionality.

We have also added a quick “only” selector to the right of each source that lets users quickly focus on a single source. 

Additionally, click the > icon at the far right to load up the more granular filters:

All additional filtering is now available with the Filter Button:

 

Configure and Control Your Results Pane

We’ve added the ability for users to easily resize the results panel. Simply drag the divider or use the maximize/minimize button. As you expand, the application will automatically switch to a table view when enough space is present. 

While in the table view, you can also control what columns are visible. Currently, the list of options is limited but the Sentieo team will be adding to this over the coming months. 

For smaller screens, we’ve also added the option to toggle between split pane and results-only views.

 

Company Summary

If you run a search with a ticker but without a query, the Sentieo initial results page shows you all company documents, as well as a company summary and share price performance. We have taken some key metrics and links out of our EDT Summary and provided them within Document Search. Additionally, users can see a historical stock price graph in the company summary.

 

Improved Document Viewer

We’ve made serious upgrades to our Document Viewer as well. You will notice faster load times for documents across the board. Additionally, we have relocated the highlights and the index panel to the right of the document.

We have also relocated the Redlining function to the top right of the document viewer.

 

To try the new Document Search interface for yourself, please log in, or get in touch!

 

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Disrupting Transcripts: Applying Sentieo’s Smart Summary™ During Earnings Season

After last week’s release of Sentieo’s machine learning-based Smart Summary™ for transcriptsthis week we will be highlighting exactly how to use this powerful new feature to ensure that you don’t miss important information this earnings season, and that you also save time.  

The Smart Summary™ tool classifies a document’s language based on several categories such as Guidance, KPIs, and company-specific key terms (like product names) into a convenient, time-saving format. Further, it applies an NLP sentiment filter to highlight positive and negative language. 

Smart Summary™ is the latest machine learning and natural language processing-based tool released by Sentieo this year. We’ve also released a dynamic synonym suggestions feature for Document Search based on our own, internal synonym search tool. Additionally, we added company-specific autocomplete suggestions to our search. And earlier this year, we rolled out Table Explorer, a flexible and auditable tool that identifies, chains and visualizes tables in SEC filings. 

During the next few days, we will be selecting and publishing our highlights from current transcripts to show how effective Smart Summary™ can be in your research workflow. (Stay tuned).

For example, if we look at the transcript from the Goldman Sachs call last week (below), we can pick up essential corporate and macro information (color-coded as needed), under the Financials and KPIs classification. Scrolling down in the Smart Summary™, we see record assets under supervision: good news in green, versus slower Chinese GDP growth in red, a couple of paragraphs down. The full context is right there as well. 

In addition to viewing by Classification group, users can quickly scroll through all positive and negative highlights, regardless of Classification. 

In the Key Terms field, we catch up on Marcus, Goldman’s growing consumer banking franchise. We can see a mix of positive and neutral statements. 

For the next few days, the blog will be highlighting exactly how we’re applying this powerful new functionality. To try it yourself, please get in touch

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Disrupting Transcripts: Introducing Sentieo’s Smart Summary™

Just in time for earnings season, Sentieo is releasing Smart Summary™, a whole new way to read transcripts. 

We all know the problem that analysts and portfolio managers face four times per year: multiple companies reporting on the same day, which creates impossible scheduling conflicts, work overload, and forced prioritization, which then leads to costly missed information.

Analysts might dial into one or two consecutive high priority calls, and then go on to read another four to eight transcripts later in the day, depending on coverage. These transcripts are always read chronologically, starting with the boilerplate language on top, and ending with the analyst questions. 

Until now. 

With Sentieo’s new, ML-driven transcript Smart Summary™, we enable analysts to pick up the important information across multiple classifications, such as guidance and KPIs, while skipping over the “great quarter, guys!” parts. The segments based on these classifications can either be seen highlighted in the transcript itself or extracted, with context, in a special field. The text is also run through an NLP screen and color-coded in green or red, if needed, with enabled clickable user ratings that will continue to improve the accuracy of the learning system. In addition, Smart Summary offers keyword extractions, enabling readers to view text related to these surfaced key terms.

These features empower analysts to get the essential information in minutes, saving valuable time during the busiest periods of the year. The benefit of the ML-driven Smart Summaries does not end with faster information processing or expanded coverage; it also ensures that analysts are not missing important information on their last few transcripts at the end of the workday. 

Below we are looking at Facebook’s latest quarterly call transcript, and scrolling down to the Guidance classification text:

Below we are looking at the same Facebook transcript, but reviewing the Whatsapp key term text:

Another aspect of Smart Summary is “Table View,” which enables active sorting of sentences by the Classification score (ie. “which sentences have the most guidance language?”). This adds another layer of improved accuracy and productivity to the analyst workflow. 

The Table View is also available for surfaced keywords. Analysts can see useful statistics, like whether a keyword is new, or whether it got dropped. They can also see whether usage, by either management or analysts, is going up or down. This type of quantitative insight for keywords was previously so labor-intensive that it was rarely done, and only for one or two key terms at most.

 

How did we build Smart Summary™?

We spent countless hours training a machine learning model on a very large number of transcripts across all industries, effectively automating what an analyst would do. Once the model was up and running, we spent a lot of time on corrections and fine-tuning for this official release. 

Smart Summary™ is a blockbuster new addition to the Sentieo platform that serves our overarching mission: augmenting human decision-making through the latest technological tools. The release is a part of the latest ML/NLP update to our industry-leading Document Search, which now also includes the surfacing of synonym suggestions based on a machine learning tool trained on millions of corporate documents. (We will discuss this in an upcoming blog post).

 

To see how Sentieo’s complete workflow solution can work for you, please get in touch

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Missed Our “Ask Us Anything” Webinar? Here Are Your FAQs About Sentieo’s Dashboard, EDT, Screener, and Mosaic

Last month at Sentieo’s New York office, our Head of Research, Nick Mazing, hosted a two-hour “Ask Us Anything” live webinar. Nick answered questions from Sentieo’s current and prospective users, covering the many functionalities of the platform. In this post, we will share a few FAQs about Sentieo’s Dashboard, EDT, Screener, and Mosaic features.

Dashboard FAQs

How do I customize my Dashboard to fit my personal research workflow?

The Dashboard is the highly customizable screen that a Sentieo user can utilize to:

  • Monitor multiple financial and alternative data metrics for a list of stocks
  • See internal work being done on positions
  • See any documents coming in (such as new press releases or sell-side reports)
  • Get alerts on their saved searches

Extensive customization allows this screen to be just the way you need it to be, and it lets you save time with one quick look over everything that matters to you.

Mosaic FAQs

Mosaic is Sentieo’s alternative data module. Sentieo takes several data sets and does correlations against past performance to determine the optimal weights of these sets in the “basket.” We are completely transparent: you can see past performance (R-squared and hit rate), and you can see the basket weights.

Can you show us a couple examples on how to use Mosaic?

In this example, we looked at the individual brands mapped for Capri Holdings (formerly Michael Kors), Abercrombie and Fitch. We also looked at how investors could have avoided a 90%+ loss in Blue Apron shares by monitoring the Sentieo Index.

How did you come up with the Sentieo 11 stock picks in January?

Nick went over the popular eleven stock picks that we released in early January, which did really well. We look at the performance of the list, the alternative data that was used, along with the fundamental “overlay.”

Equity Data Terminal (EDT) FAQs

Sentieo’s EDT has everything you’d expect in terms of data for an individual equity, plus a lot more.

How do I try online “consensus” income statement models in EDT?

Nick showed how users can quickly enter their own assumptions about future growth, margins and multiples, and compare against the consensus. This function enables fast idea pre-qualification, saving you and your team time to focus on ideas that could “work” at a first pass.

We show a specific example, Royal Carribean, where we use our own estimates for sales growth, gross margin, and multiples to arrive at an internal price target above the current.

We also looked at the estimates/surprises and seasonality of returns for Royal Caribbean (RCL).

How do I use Plotter to visualize this?

Nick went to Sentieo’s data visualization tool, Plotter, to analyze further. He explored revenue and EBIT seasonality, compared it to the actual underlying cash flow, and then he calculated EBIT margin along with some descriptive statistics.

Revenue, earnings and other estimates are a popular feature in Sentieo’s Equity Data Terminal (EDT). We go over one example of the beats/misses function along with the classic “estimates revisions” page that shows changes in estimates by year and rolling NTM. Finally, we show how to export these to Sentieo Plotter, where users can overlay many other data sets.

Screener FAQs

Sentieo’s Screener is very powerful. There are thousands of possible options to screen on: not just by widely available financial metrics, but also by CAGRs and percentile ranks inside these metrics. Nick showed his “Large Cap Quality and Momentum” saved screen to illustrate.

Want to try using Sentieo yourself? Request a trial here.

Missed Our “Ask Us Anything” Webinar? Here Are Your Most Common Questions About Sentieo’s Table Explorer and Plotter

This month at Sentieo’s New York office, our Head of Research, Nick Mazing, hosted a two-hour “Ask Us Anything” live webinar. Nick answered questions from Sentieo’s current and prospective users, covering the many functionalities of the platform. In this post, we will share a few FAQ’s about Sentieo’s Table Explorer and Plotter features.

Table Explorer FAQs

How do I save time when handling 6, 9, and 12-month cumulative reported numbers (such as Cash Flow Statements) using Table Explorer’s “Quarterize” function?

Unsurprisingly, this was the first question that came in. Table Explorer is a very popular feature that we released earlier this year. It identifies and chains similar tables for fast collection of “as reported” financials in an easily auditable and workable format. One of the challenges with using reported financials is adjusting cumulative cash flow line items; it is not hard, but it takes time. Here, we show how to do this in literally two clicks. Add a Q4 column and Quarterize.

How do I analyze reported KPIs?

Table Explorer will chain all “similar” tables in the filings going back years. So as long as the company has been reporting KPIs in a somewhat consistent format, Sentieo Table Explorer will chain them going back 10+ years. You can then export the tables to Plotter and add other data series (ie. rolling valuation, or alternative data such as search trends, or macro indicators).

How do I explore an idea from macro to micro?

To answer this question, we started with a transcript search searching for wage inflation, identified the restaurant industry as an industry that talks a lot about wage inflation, showed the search statistics in Plotter, overlaid with a macro indicator. We then used the search statistics to identify The Cheesecake Factory as a company that talks about the topic a lot. So we located the labor expense line with one query that saved us time digging through filings and tables. Once there, we used Sentieo’s Table Explorer to chain that table going back for a few years. We quickly visualized the trends in labor expenses and in operating income, as a percentage of revenue, to get an idea of what is going on.

How do I use Table Explorer to chain and visualize line items and KPIs from reported financials?

We dig into Royal Caribbean (RCL) and visualize many reported expenses to get insights on what has been going on with the business. We utilize our easy switch to Common Size and YoY% growth for all line items to see the full picture.

Plotter FAQs

Can you show financials in Plotter?

Sentieo’s Plotter is our versatile data visualization tool. In addition to choosing from a wide menu of available data sets, users can also do a variety of calculations using these data sets. In this example, we pulled the past and estimated quarterly revenues for Home Depot and Lowe’s, and ran a correlation between these two data sets in three clicks.

Does Plotter integrate FRED macro data?

Our clients welcomed the recently expanded FRED macro data integration in Sentieo Plotter. We went over a quick example how to combine macro data with price data for a sector ETF.

How do I chart multiple datasets in Plotter?

Sentieo’s Plotter offers many data sets, from financials to macro series, to alternative data, to your own uploaded data sets. We show how to bring up KPIs in the tool for three casual dining stocks, and how to calculate a “mini-index” KPI average.

Missed the part of the webinar about DocSearch? Get updated here.

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The Sentieo Dashboard: A Customizable Home For Your Research

Modern investment processes require the consumption of vast amounts of information from disparate datasets, including news, documents, financials, and your own data. Since these datasets are often living in different places, you might be incurring an accumulation of switching costs that is losing you hours of productivity per week.

Sentieo’s new Dashboard aggregates relevant information across datasets so that you don’t miss key information or lose efficiency from switching contexts to find information. This new interface is comprised of widgets that you can customize to fit your workflow. Whether you are using Sentieo for documents, note-taking, financials, or alternative data, you will want to utilize your Dashboard.

Prices, Financials, Thesis and Alternative Data

The Price Monitor helps you prioritize your portfolio down to your most important companies or tickers. In addition to providing prices and financials, the Price Monitor integrates your alternative data and custom thesis data for a truly cutting-edge process.

For the first time, you can figure out which of your watchlist companies have upside to your own price target, which are trading cheap relative to historical multiples, and which show sentiment at all time highs!

Documents, Saved Searches, Notes, and News

With so much information disseminated across documents, broker research, news, and tweets, it’s really easy to miss pieces of information that could impact your decision making. The Dashboard integrates all of these content sources so that you’re getting the best insights.

A New Way to Work

Gain productivity by accessing the data (from multiple sources) that is most relevant to your entire portfolio. In addition to surfacing the new insights you find from accessing a broader range of data, you will also get back hours of time savings. Try out Sentieo today.

Watch our Webinar all about Dashboard!

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