Perplexity and Quartr Team Up to Innovate Retail Investment Analysis Tools

Revolutionizing Investment Analysis for Retail Investors

In a significant move aimed at enhancing investment analysis for retail investors, Perplexity has entered into a partnership with Quartr, a premier provider of qualitative research data and tools. This collaboration is set to introduce a pioneering feature that gives users real-time access to earnings calls from publicly traded companies, integrating Quartr’s advanced API into Perplexity’s sophisticated AI search engine.

The integration is not just a technological upgrade; it's a game-changing approach to democratizing investment insights. Historically, detailed analytical tools have been reserved for institutional investors with deep pockets. However, the new offerings from Perplexity will make powerful resources accessible to all retail investors, leveling the playing field in the investment landscape.

Unveiling the Partnership

Launched during NVIDIA’s recent earnings call, this innovative feature provides live transcriptions and AI-generated summaries of earnings calls. Users can now dive into real-time insights while accessing archived transcripts, which provides a comprehensive view of a company's financial health and strategic direction.

Oscar Küntzel, co-founder and CEO of Quartr, expressed pride in the collaboration, stating, "Partnering with a forward-thinking company like Perplexity highlights the quality of our API offerings. In a time when data is crucial, we are proud to deliver clear narratives and improve qualitative research for everyone."

Features Designed for Investors

Brooker Belcourt, General Manager of Finance at Perplexity, underscored the advantage that this new functionality brings. By stating, "So often, these deep analytical features are only available to large institutional investors, but we’re making them available to anyone," he emphasizes the aim to facilitate better investment decisions without the need for extensive resources. The new finance widget saves users time while providing key insights, making it a valuable tool for anyone looking to stay informed about public companies.

Additionally, the Quartr API supports the construction of custom solutions adaptable to individual or organizational needs, pushing the envelope on what retail investors can achieve. The mobile application also allows users to engage with these insights on-the-go, ensuring that critical information is always at their fingertips.

About the Companies

Quartr has established itself as a leader in providing access to first-party information from over 11,000 public companies worldwide. Their product suite includes various tools, such as the API for real-time earnings calls, extensive databases, and a research platform used by hedge funds and asset managers alike. Their mobile app is complimentary on both iOS and Android platforms, aimed to suit modern investors’ lifestyles.

Perplexity, on the other hand, is a recent innovator in the AI-driven search interface realm. Founded by ex-members of notable tech firms like OpenAI and Meta, Perplexity engages users by answering queries with reliable, real-time sources. During its operations, the platform addresses over 100 million questions per week, showcasing its ability to bridge the gap between traditional search engines and conversational AI.

Conclusion

Through the partnership of Perplexity and Quartr, the investment landscape is poised for a transformation that empowers individual investors. The integration of sophisticated tools typically reserved for institutional users marks a notable shift toward inclusivity and efficiency within the investment community. As financial technology continues to evolve, such collaborative efforts highlight the importance of accessibility in financial information, enabling informed investments for all.

For more information on the powerful capabilities of the Quartr API, interested parties can visit quartr.com/api or connect with David Dag, co-founder and Head of Corporate Relationships at Quartr, for personalized inquiries.