Empowering Traders Daily
Headquartered in Wesley Chapel, Florida, just north of Tampa, Vantagepoint AI remains at the forefront of trading software research and development. Following their success in AI’s Global Excellence Awards 2019, we profile the firm and catch up with Vantagepoint AI’s President, Lane Mendelsohn for detailed insight into innovative solutions the team delivers to their clients.
Vantagepoint AI just celebrated it’s 40th year in business. It was was founded in 1979 by Louis Mendelsohn who is still actively involved in the firm, however he has transferred the leadership of the company to Lane Mendelsohn, his son.
Since their inception, Vantagepoint AI have been focused primarily on developing software to assist individual traders and investors in becoming more successful by giving them tools, indicators, and information to help them make the right decisions at the right times. Going into further detail, Lane begins by informing us of how the fintech firm focuses on using artificial intelligence.
“Here at Vantagepoint AI, we focus on utilizing artificial intelligence to analyze massive quantities of data, sifting through very complex market relationships and linkages to determine how certain markets can affect other markets, as well as how certain stocks can affect other stocks, because there are patterns in data. If you can mine that data, which we’ve been able to do with artificial intelligence, the data will provide clues to help traders and investors make more intelligent decisions.”
With a primary focus on helping individual traders and investors, Lane’s dad, Louis, established what would become Vantagepoint AI to level the playing field for investors that were like him. Many independent retail traders do not have the unlimited budgets to do research and developments, nor do they have highly sophisticated tools at their disposal. After initially developing what has become the firm’s software program for himself, Louis expanded it because he realized how many other people there were like him, who needed the same thing he had.
“At the beginning, we made a mandate for ourselves: focus on the individual trader/investor. We want to help the person who says, “Look, I’ve worked hard all my life. I’ve saved. I want to protect the money I saved, and I want to make that grow. But, I want to do it in a way where I’m not betting the farm or taking unnecessary risks.” That’s who we’ve been able to help. That’s who we’re empowering on a daily basis.
“We make it known on different financial websites that we have technology that uses artificial intelligence, but there’s a lot of people in our industry who offer different trading products or education or newsletter services. They want their clients to be successful because if their clients are no longer trading, then their clients are not going to continue to purchase from them. We’re a little different, we give people a tool that helps them trade smarter; even if they never buy anything else from us. But because we deliver on our promise, they usually do!”
Another element which has contributed to the firm’s impressive success, is the dedicated, experienced and innovative team which forms the backbone of Vantagepoint AI. When discussing the internal culture, Lane highlights the significant role the team play in the overall success of the firm.
“Our team has a passion and care for our customers and for our company; they fully believe in what we’re doing.”
“Our team is more like our family and they play a tremendous role in our success. We see our success as dependent on our customer’s achievements. Our customer’s success is dependent on our technology and our staff who teach them, train them and coach them along the way on how to use the information from our artificial intelligence. This is why we’ve really put an emphasis on culture and why our culture is regularly recognized as amazing. Our team has a passion and care for our customers and for our company; they fully believe in what we’re doing.”
Looking ahead to what the future holds, the team at Vantagepoint AI hopes to build upon the numerous remarkable accomplishments they have achieved since their inception four decades ago, which includes their most recent win in Acquisition Intl.’s Global Excellence Awards 2019 where they were righteously awarded the accolade Most Innovative AI-Based Market Forecasting Software Provider – 2019. Bringing the interview to a close, Lane signs off by revealing how the firm hopes to expand their services, as well as utilizing any new developments which may occur in the industry.
“Moving forward, for 2019 and beyond we’ll continue to refine and perfect our technology to stay on the cutting edge of technology, artificial intelligence to increase accuracy and make the software even easier, more intuitive. We also give a portion of our revenue to Shriners Hospitals for Children, so as we increase sales, we give back even more in our community – we consider that part of being successful too!
“And of course, we look forward to bringing even more value to our customers. We are constantly soliciting and receiving feedback about different features or functionalities they’d like to see. Currently, we have our own on-site research and development team that works very hard to incorporate those suggestions and requests. Ultimately, it’s about empowering traders daily and giving them a tool they can use to change their lives.”
Contact: Lane Mendelsohn
Address: 5807 Old Pasco Road, Wesley Chapel, Florida, 33544, United States
Telephone: 813 973 0496
Web Address: www.Vantagepointsoftware.com
