Introducing Finpilot Beta
Updated: Nov 2
We are pleased to introduce Finpilot, an AI co-pilot for financial analysts to help in researching and analyzing companies faster than ever before.
Financial analysts are all too often bogged down by tedious yet essential tasks, such as sifting through extensive company documents and aggregating and analyzing data from various sources, which can include financial data providers, SEC filings, earnings calls, web sources, and investor presentations.
As we worked closely with many analysts, we learned that these tasks tend to consume a significant portion of their time, sometimes as much as 70%. This leaves less time and energy to focus on the more strategic aspects of financial analysis.
We have designed Finpilot to speed up these cumbersome tasks by orders of magnitude, saving analysts hours every week. We want analysts to focus on their true value-adding work and leave everything else to Finpilot.
To achieve this, we have trained our own AI models to deeply understand data and the process of researching and analyzing companies. Finpilot can understand your queries and find just the information you need from hundreds—even thousands—of documents to give a succinct answer. Finpilot can also guide you through an analysis with recommendations about questions and topics important to the company or industry.
Trust has always been a top priority for us and is critical in how we built our AI models and designed the tool. All answers and numerical values can be traced back to the original sources with a single click. You can click on any number in this conversation about Doordash and Uber Eats and see it highlighted in the original document.
And so we are thrilled to open our beta to the public! With Finpilot, you can:
Get Direct Answers to Financial Questions: Analysts can ask specific questions about companies and get direct answers from verifiable sources. Here are some sample conversations: Understanding the "why" Why have gross margins for Insteel fallen over the last year? Compiling data from multiple documents into a table with a single question Discussing Peakstone REIT’s debt schedule, maturity calculations and interest rate implications. What are the segment revenues for Haliburton for the last 5 years?
Compare Companies: Finpilot facilitates the straightforward comparison of companies. Analysts can extract detailed comparative insights by posing a single question. What was the net retention rate for Snowflake, Crowdstrike, Datadog and Cloudflare for 2022?
Chat with Documents: You can chat with specific company documents like annual/quarterly reports, proxy statements, etc. See this conversation about the executive compensation program of Curtis Wright.
Upload your own documents: Critical information is often not present in official company documents. You can upload your own documents, such as market research reports, investor presentations, etc., and start chatting with your knowledge base.
Export Data to Excel: You can ask Finpilot to compile information into tables that can be easily exported to Excel with a single click.
We sincerely hope Finpilot helps speed up your research and analytical work, and we would love to hear about any tasks that you would like Finpilot to perform for you. Please drop us a message here.