|Headquarters||Washington, D.C., U.S.|
Stockato is a privately held firm with its headquarters in Washington D.C.
Launched in August 2011, Stockato LLC is an American company that was founded by industrial engineer, Dr. Uri Kartoun, and his father and electrical engineer, David Kartoun. Stockato, a cloud-based software as a service (SaaS) company, developed a classification technology that was utilized to develop several financial search engines. The search engines are different from ordinary screeners or other financial search engines. New mathematical models and machine learning algorithms were developed to support Stockato's engines.
Machine learning techniques have been used for decades in a variety of quantitative domains, including artificial neural networks and decision tree learning. Stockato uses these methods on large data-sets resulting in financial instrument classification, and real-time methods for recognizing similarities in behaviors among financial instruments. Self-labeling supervised learning enhancement allows the application of supervised learning methods on unlabeled training sets. Signal composition allows classifying long-time series by combining the classification results of separated short-length time ranges. Stockato uses this to evaluate the level of similarity between the behaviors of time series for extended periods. Zack Miller suggested that Stockato will be "The Google of Finance."
- "Uri Kartoun: Turning Robotics Into An Investment Tool, IMPACT Magazine - American Associates Ben-Gurion University of the Negev, Natalie Canavor. Page 9.".
- "Data Firm Testing Performance Tool, Howard Kapiloff, Hedge Fund Alert, February 8, 2012".
- "Building the Google of finance – with Uri Kartoun / Zack Miller".