TL;DR:
- Investor Technology Group introduces Mosaic Vision™, an AI-powered financial model reader and translator.
- Mosaic Vision™ streamlines financial analysis by enabling adjustments, scenario replication, and deal return calculations without spreadsheets.
- The technology frees investment professionals from time-consuming data entry tasks, allowing them to focus on strategic diligence.
- Private equity, investment banks, and corporate development teams can leverage Mosaic Vision™ to identify promising opportunities swiftly.
- The responsible use of Generative AI ensures accuracy and eliminates hidden errors.
- Mosaic Vision™ prioritizes security and confidentiality, adhering to strict standards and using only publicly available data.
Main AI News:
Investor Technology Group, the masterminds behind Mosaic, the globe’s premier Digital Deal Modeling platform for private equity investors, proudly introduces Mosaic Vision™. This innovative release marks the debut of the world’s first AI-powered financial model reader and translator, synergizing the capabilities of OpenAI with Mosaic’s proprietary models.
With Mosaic Vision™, investors can now simply capture financial projections from diverse sources such as CIMs, pitch books, public company investor presentations, and more. By uploading these snapshots to Mosaic Vision™, users gain instant access to a suite of capabilities: (i) adjusting growth rates, margins, and other forecasted elements; (ii) replicating upside, base, and downside scenarios; and (iii) incorporating transaction assumptions to compute deal returns, including IRR and MOIC. Remarkably, all these actions can be executed without the need to open a spreadsheet, making financial analysis more efficient than ever before.
Ian Gutwinski, Founder & CEO of Investor Technology Group and former Principal at Onex Partners, expressed the significance of this innovation, saying, “Since our inception, Mosaic’s mission has been to liberate investment professionals from mundane clerical tasks and redirect their focus towards strategic business diligence. Few tasks epitomize tedium more than the laborious process of entering and formatting financial data, a precursor to any model construction. For decades, this has occupied the time and mental energy of countless investment professionals who could have better utilized their efforts engaging with management teams, customers, suppliers, or delving into commercial due diligence. With Mosaic Vision™, we believe we have ushered in a new era of productivity within our industry.”
In an era of heightened competition for top-tier acquisition opportunities, private equity firms, investment banks, and corporate development teams seek AI-powered solutions like Mosaic Vision™ to streamline their operations. This technology enables them to evaluate a wider range of prospects and identify promising targets more swiftly, all without the need for a substantial increase in manpower.
Matt Satorius, Mosaic’s Chief Technology Officer, emphasized the responsible approach to AI adoption, stating, “We are thrilled to introduce this revolutionary technology to the private equity sector while prioritizing safety, security, and ethical considerations. By harnessing Generative AI for its strengths, particularly data capture and classification, and combining it with Mosaic’s dependable, human-approved rules for calculations, Mosaic Vision™ delivers unprecedented speed without the risk of concealed ‘hallucination errors’ that can sometimes occur with Large Language Models.”
Notably, Mosaic Vision™ adheres steadfastly to the stringent security and confidentiality standards upheld by its parent company, Investor Technology Group. It implements encryption at all levels and adheres to the SOC 2 Trust Services Criteria for Security. Additionally, it exclusively relies on public company data collected and managed by Mosaic employees outside of the production environment, assuring customers that their data remains private and secure.
Conclusion:
The launch of Mosaic Vision™ represents a significant advancement in financial modeling and analysis. By automating tedious tasks and enhancing speed and accuracy, it empowers investment professionals to make more informed decisions efficiently. This innovation is poised to reshape the market by increasing productivity and enabling better-informed investment strategies.
