Company Takes the Guesswork Out of Assessing Societal Benefits of Capital Deployment
Press Release – BOSTON – February 06, 2018 – Distilled Analytics today announced the release of Distilled IMPACT™, an innovative approach to providing quantitative measurement of non-financial factors associated with for-profit investment that uses advanced behavioral analytics supported by artificial intelligence. Founder and CEO David Shrier introduced the product at the ImpactDEALS Conference this week in Washington, D.C.
The rapidly-growing field of impact investing, with more than $60 trillion of assets signed to the U.N. Principles for Responsible Investing, is facing a spiraling need for better tools to measure and manage the nonfinancial factors that accompany investments.
“Efforts to rationalize impact have been going on for more than a decade with limited success, in part because of subjectivity, statistically imprecise techniques, and a reliance on incomplete data,” said Distilled Analytics Founder and Chief Executive David Shrier. “We employ computational behavioral models, derived from big data and refined with machine learning systems. Our methodologies have a track record of successful interventions behind them to provide a granular assessment of impact. In doing so, we tackle those hard-to-measure human factors and provide a granular, numerical assessment of impact where before investors had to rely on surveys, opinion, and other qualitative, subjective approaches.”
Distilled Analytics offers a suite of tools focused on predictive models that can provide deep insight for financial professionals. Its artificial intelligence platform taps machine learning technologies to ingest unstructured and structured data. It analyzes complex patterns to calculate outcomes in areas as diverse as economic development, public health, and crime reduction.
“Our limited partners are demanding transparent, quantitative measures of impact. We wanted to improve on what was readily available, and are excited to partner with Distilled Analytics to create a new generation of impact tools,” said Douglas Monticciolo, founder and chief executive of Brevet Capital. “Our disciplined investment strategies require the rigor found in reliable quantitative measurement to move away from the qualitative guesswork so prevalent in the industry today.”
The proprietary and transparent Distilled IMPACT platform quantifies nonfinancial activities using granular, discrete measures, particularly around human factors, to enable asset growth for impact investing by providing greater trust and transparency. It helps organizations understand impact by analyzing patterns of movement from aggregated and third-party data sources, revealing fundamental insight to human behavior.
About Distilled Analytics
Distilled Analytics (DA) transforms financial services with behavioral analytics, building on decades of research from MIT, University of Oxford, and Imperial College London to address some of the biggest challenges facing the financial industry today. DA’s solutions use AI-driven data science to deliver improved credit risk prediction for consumers and businesses, more efficient anti-money laundering and know-your-customer compliance, and quantified effects of investments delivering both profit and purpose. The company is led by a team of industry veterans and quantitative experts, backed by investors including financial innovation pioneers. To learn more about Distilled Analytics, visit www.distilledanalytics.com.
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