Comments on: Proposal Using Collaborative Filtering to Create a Win-Win-Win Situation and Engage People With UBS Has Been Awarded http://blog.cpoet.net/2010/01/24/proposal-using-collaborative-filtering-to-create-a-win-win-win-situation-and-engage-people-with-ubs-has-been-awarded/ My research and activities Tue, 06 Jul 2010 14:31:50 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Amancio Bouza http://blog.cpoet.net/2010/01/24/proposal-using-collaborative-filtering-to-create-a-win-win-win-situation-and-engage-people-with-ubs-has-been-awarded/comment-page-1/#comment-3793 Amancio Bouza Tue, 06 Jul 2010 14:31:50 +0000 http://blog.cpoet.net/?p=518#comment-3793 Dear Melissa Buono to be honest, I just don't know if any financial service company applies collaborative filtering at all. Therefore, I cannot provide you some further resources. I deeply think, the benefit of collaborative filtering for financial service companies are not higher rate on return. In the domain of investment banking, information advantages is key for higher rates. This advantage would be lost applying collaborative filtering. But collaborative filtering can be used to recommend investors new potential investments, they would be interested to invest. In other words, advisors could easier convince investors to invest in certain financial products and investors have a kind of evidence when similar people invest the same. More transparency and lower risk in exchange for less rate on return. The UBS, for instance, are fascinated by the idea. Especially new potential young investors would be able to discover interesting investments by their own and get some support by advisors in the end. I think, the benefit of collaborative filtering will be the improved interaction between investors and advisors. Dear Melissa Buono

to be honest, I just don’t know if any financial service company applies collaborative filtering at all. Therefore, I cannot provide you some further resources.

I deeply think, the benefit of collaborative filtering for financial service companies are not higher rate on return. In the domain of investment banking, information advantages is key for higher rates. This advantage would be lost applying collaborative filtering. But collaborative filtering can be used to recommend investors new potential investments, they would be interested to invest. In other words, advisors could easier convince investors to invest in certain financial products and investors have a kind of evidence when similar people invest the same. More transparency and lower risk in exchange for less rate on return.

The UBS, for instance, are fascinated by the idea. Especially new potential young investors would be able to discover interesting investments by their own and get some support by advisors in the end. I think, the benefit of collaborative filtering will be the improved interaction between investors and advisors.

]]> By: Melissa Buono http://blog.cpoet.net/2010/01/24/proposal-using-collaborative-filtering-to-create-a-win-win-win-situation-and-engage-people-with-ubs-has-been-awarded/comment-page-1/#comment-3755 Melissa Buono Sat, 03 Jul 2010 21:20:02 +0000 http://blog.cpoet.net/?p=518#comment-3755 Hi Amancio Bouza, I'm doing a project for my MBA on collaborative filtering in the financial services industry. The first half of the report will focus on retail, entertainment and lifestyle and how collaborative filtering is being used on sites / programs such as amazon; netflix; dating sites; overstock and pandora. I haven't found too much on collaborative filtering in financial services until I came across your winning idea. Has collaborative filtering been used in other firms or is UBS the big innovator here? Any additional information, sites or links you can provide to back up my statement would be greatly appreciated. Melissa Hi Amancio Bouza,

I’m doing a project for my MBA on collaborative filtering in the financial services industry. The first half of the report will focus on retail, entertainment and lifestyle and how collaborative filtering is being used on sites / programs such as amazon; netflix; dating sites; overstock and pandora. I haven’t found too much on collaborative filtering in financial services until I came across your winning idea. Has collaborative filtering been used in other firms or is UBS the big innovator here?

Any additional information, sites or links you can provide to back up my statement would be greatly appreciated.

Melissa

]]> By: Amancio Bouza http://blog.cpoet.net/2010/01/24/proposal-using-collaborative-filtering-to-create-a-win-win-win-situation-and-engage-people-with-ubs-has-been-awarded/comment-page-1/#comment-1587 Amancio Bouza Fri, 05 Feb 2010 06:32:50 +0000 http://blog.cpoet.net/?p=518#comment-1587 Who does not have a deadline? ;) You should definitively consider the approach of the UBS how they retrieved innovative ideas. The UBS posed the contest question on www.starmind.com, a Web 2.0 platform. Brainpower, know-how, inventions as well as innovations are traded in the Web 2.0 manner at Starmind. That's a good approach how companies can use the social web such as Starmind to get innovative idea. I guess, that fits better your initial request since Starmind helps companies with innovations. I don't want to have my proposal published because a follow-up project may be started soon. But I can you provide the presentation slides about the contest winners, their names and proposals. You can find the presentations slides at the <a href="http://www.amazee.com/web-monday-zurich" rel="nofollow">Web Monday Zurich</a> page or download it directly the <a href="http://www.amazee.com/node/257/files" rel="nofollow">presenatition slides</a>. For additional information, please refer to http://www.ifi.uzh.ch/special_pages/news/article//ddis-and-seal-phd-student-amancio-bouza-wins-web-20-ubs-competition/?tx_ttnews[backPid]=2&cHash=0b91c09f0d Who does not have a deadline? ;)
You should definitively consider the approach of the UBS how they retrieved innovative ideas. The UBS posed the contest question on http://www.starmind.com, a Web 2.0 platform. Brainpower, know-how, inventions as well as innovations are traded in the Web 2.0 manner at Starmind. That’s a good approach how companies can use the social web such as Starmind to get innovative idea. I guess, that fits better your initial request since Starmind helps companies with innovations.

I don’t want to have my proposal published because a follow-up project may be started soon. But I can you provide the presentation slides about the contest winners, their names and proposals. You can find the presentations slides at the Web Monday Zurich page or download it directly the presenatition slides.
For additional information, please refer to
http://www.ifi.uzh.ch/special_pages/news/article//ddis-and-seal-phd-student-amancio-bouza-wins-web-20-ubs-competition/?tx_ttnewsbackPid=2&cHash=0b91c09f0d

]]> By: Carolina K. Reid http://blog.cpoet.net/2010/01/24/proposal-using-collaborative-filtering-to-create-a-win-win-win-situation-and-engage-people-with-ubs-has-been-awarded/comment-page-1/#comment-1579 Carolina K. Reid Thu, 04 Feb 2010 19:02:51 +0000 http://blog.cpoet.net/?p=518#comment-1579 Can you tell me more about this contest? I am writing an article on how companies are using the social webs to help with innovation. I am interested in seeing a copy of your proposal and the other winners. Please reply as soon as you can. I have a deadline. Can you tell me more about this contest?
I am writing an article on how companies are using the social webs to help with innovation.
I am interested in seeing a copy of your proposal and the other winners.
Please reply as soon as you can. I have a deadline.

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