Customer stories

Fintool brings real-time market intelligence to equity research with Perplexity Sonar

Fintool

Fintool is an AI-powered public equity research platform. Their customer base includes hedge funds, large consulting firms, and banks.

Fintool’s conversational interface allows users to ask complex financial questions and receive near-instant responses. Projects that typically take analysts several hours can be completed in mere seconds with Fintool.

Fintool analyses millions of documents, from earnings reports to 10-K filings, while also utilising web data to ensure investors have access to relevant market information. With three levels of agent peer-evaluation, Fintool maintains zero hallucinations, allowing investors to unlock efficient AI solutions without risk.

The Problem

What Fintool is solving for

Public equity stakeholders are faced with three major challenges:

  1. Time-critical decision making: When dealing with public securities, every second counts. Accessing and interpreting comprehensive data can be a cumbersome process, slowing down investors when agility is essential.
  2. Information overload: Financial professionals must synthesise overwhelming amounts of data every day. For context, the SEC receives over 3,000 filings a day.
  3. AI hallucination risk: While AI use has grown tremendously, hallucination risk can be a non-starter for institutional investors with significant capital on the line.

The Solution

Powered by Sonar Pro*

For every query, Fintool selects the most relevant sources. By integrating Perplexity Sonar, Fintool gains the ability to pull real-time web data to answer complex questions.

Sonar powers answers requiring current market intelligence and search capabilities.

Examples of queries where Sonar excels include:

  • Track product launches in the defence tech space
  • Who are the private competitors of Nvidia?
  • Analyse the landscape and largest players in fintech

*Sonar Chat Completions is now Agent API with more models, tools, and research-backed presets. Get started with our docs here.