Best Work From Home Workflow
Citi won the Best Work From Home Workflow award with Citi PSDS (Price Shock Detection System), which was designed to leverage artificial intelligence to stream in data from social media channels, microblogs and chat forums when market-moving events of interest start developing, and deliver the relevant information to traders. These events are defined by the traders who input a set of indicators or keywords to monitor. The updates can be received as a “push” where notifications are sent periodically, or a “pull” where a user can request an update.
The bot was conceptualized due to the challenge that commodities traders face when gathering breaking price-affecting intelligence from a variety of sources such as Bloomberg, Google News alerts, brokers and those mentioned above. All of these sources can be difficult to consume, validate and aggregate.
To that end, PSDS offered a consolidated, fast and accessible way to access multi-language, multi-source event data from social media platforms, message boards and blogs that affect commodities prices in order to generate near-perfect information.
When asked about their participation in the event, Citi’s hacker-in-residence for Citi PSDS, Agrim Singh, had this to say: “Hackathons are a great way to learn about new tools by building for them and Symphony’s APAC hackathon delivered exactly that. Our team had previously utilized the tool as a communication platform, especially so during WFH [Work From Home], but the hackathon gave us the opportunity to not only learn about the Developer platform but also gave us a glimpse of the potential it could possibly unlock across our projects and the organization. We are incredibly grateful to the organizers for hosting this ‘decentralized’ hackathon without hiccups and for the exemplary developer support throughout the event to make building for Symphony a breeze.”