Voltsail Pandemic Event Forecaster
Our technology uses AI-driven tools to help governments understand the economic impact of future pandemics on economies.
Dr. Michael Kotarinos, Chief Technology Officer, Oxyml
- Recover (Improve health & economic system resilience), such as: Best protective interventions, especially for vulnerable populations, Avoid/mitigate negative second-order consequences, Integrate true costs of pandemic risk into economic systems
Oxyml's proposed solution are designed to provide clarity and insight regarding the true financial and economic costs of pandemics, letting policymakers adjust governmental policies to reflect the true price of pandemic risks and exposures and asset managers insulate portfolios from currently non-hedged risks.
Policy-making for uncertain events is a difficult, challenging process that impacts almost every major country across the globe. Our technology has the potential to improve the lives of billions of people struggling with the economic impacts of pandemics through better government policy, more insights into investments, and guidance on best practices for a robust and sustainable economic recovery.
Our proposed solution is designed and built primarily for three audiences: financial professionals, government policymakers, and policy research think tanks. These tools will be housed under Oxyml’s “Voltsail” product line. Financial professionals include financial planners, portfolio managers, and family offices looking to understand the risks their portfolios
and their clients’ portfolios face during different economic scenarios such as pandemics. The aforementioned tools expand access to financial planning and allow everyday citizens to make informed decisions regarding the risks in their portfolios during a pandemic.
During times of financial crisis such as a pandemic, governments need to make crucial decisions about what sectors to bail out, what kind of aid to give, the conditions on such aid, and which sectors to decline to bail out. Giving public funds to private companies to survive pandemics and other actions such as placing companies in receivership are often
highly controversial and divisive within communities and constituencies. With our AI-driven tools, these agencies can get projections about the impact of such government interventions. These tools will provide taxpayers with transparent access to the risks associated with these investments and answers to how and why governments are using public funds.
- Pilot: A project, initiative, venture, or organisation deploying its research, product, service, or business/policy model in at least one context or community
- Artificial Intelligence / Machine Learning
- Big Data
- GIS and Geospatial Technology
- Software and Mobile Applications
Our technology will be provided free of charge to government agencies across the globe through our Voltsail platform. In addition to our software offering Oxyml will provide support, training, and workshops on best practices for our software application. This will allow governments and agencies to understand pandemic risks and challenges without having to purchase, license, and analyze costly data packages.
Oxyml will also share insights gained through the development process with universities and research institutions. This will support new research on artificial intelligence, quantitative finance, policy, and data analytics.
Our company will also waive licensing and use fees for all patents and intellectual property developed through the use of Trinity challenge funds. This will remove legal barriers to developing new technology systems that would otherwise impede research and progress.
Analytics and technology to identify nuanced, technical market risks have historically only been available to sophisticated investors associated with quantitative hedge funds. Everyday citizens across the globe have been left behind from the quantitative revolution in finance, and as a result, are not able to properly manage and understand pandemic risks. From restaurants unable to understand the challenges and capital needs they will face to travel companies without proper insurance coverage, these risks tend to be varied and nuanced and have cost millions of jobs across the globe. Our technology enables people to have access to this analysis and results free-of-charge and on-demand anywhere in the globe with an internet connection and includes data support for free for over 99% of countries across the globe.
Our technology will identify the best ways to save jobs and craft policies going forward. Research studies from Refinitiv and Standard and Poor's have both identified the dire need for better analytics on financial data to help people across the globe. Our technology aims to bridge this gap to help governments and citizens with the greatest need.
Within 1 year Oxyml anticipates launching some limited offerings in the United States and the United Kingdom, primarily targeted at government agencies. Oxyml will also file for patents and begin the process of removing legal barriers through patent licensing, typically at no cost to most entities and organizations.
Within 2 years Oxyml anticipates expanding to South Korea and Vietnam. Oxyml also anticipates beginning a roll-out of our technology to non-government agencies on a free-to-use no-cost basis.
Within 3 years Oxyml anticipates extending our consumer offerings to South Korea and Vietnam and beginning the process of expanding into other markets. Additional functionality and features will continue to be added and supported over time throughout our development process.
Oxyml measures performance using three primary methods: quantitative data from anonymized user logs, user survey data, and qualitative information from focus groups with early adopters and key user groups.
User logs are fully cleaned and anonymized before use, and never leave Oxyml's own servers. These logs are then analyzed for factors such as usage time, run speed, packet transmissions, and other factors to analyze user interactions with our products. These results are never shared externally except when requested by law enforcement.
Surveys are sent to our users to assess how our users view our offerings and what added features they want to be added to our platform. These are typically sent out once per quarter and allow for various forms of feedback including Likert scales and text-based responses.
Finally, Oxyml conducts focus groups with key adopters and users to see how users interact with our products and services and understand key use cases. This allows for adjusting user experience, design, and product roadmaps for our technology.
- United Kingdom
- United States
- Korea, Rep.
- United Kingdom
- United States
- Vietnam
Deploying our technology across various countries poses difficult legal and cultural challenges.
Each country tends to have different regulations regarding financial technology services. As such, this limits our ability to expand our offering to different countries and regions even though we have the technical feasibility to do so. In order to address this, Oxyml plans to work diligently with our legal team on a staged global roll-out.
Our technology also needs to be localized for each country in which we operate. These include factors such as currency data conversion, translation, compliance, and other factors that will create difficulties in each country we launch our product.
Oxyml anticipates these barriers will pose challenges in expanding our global reach but are not insurmountable in nature.
- Hybrid of for-profit and nonprofit
Oxyml LLC
Solarbeam Capital LLC
Alphabet Incorporated
Oxyml is a research and development company dedicated to using responsible artificial intelligence tools to improve the lives of people across the globe. Developing new and highly innovative AI technology is an arduous process that requires a strong commitment to advancing our current understanding of the nature of data, algorithms, and complex systems.
The Trinity challenge provides us an opportunity to collaborate with Trinity Challenge partner firms and institutions to develop joint research collaborations. This allows us to share our findings and our unique innovations with partner firms and to play a role in shaping AI policy for the greater good.
By partnering with Trinity challenge members, Oxyml can generate new discoveries and systems that would not otherwise be possible without these collaborations. This also allows us to give back to communities across the globe by sharing our research insights. By working together on best practices we can deploy our newest tools and systems across the globe to communities that are facing the most difficult and challenging economic and policy questions regarding pandemic response.
Oxyml would like to continue our partnerships with Google, Microsoft, and LSE while pursuing additional research collaborations with other Trinity partners. These partners include Tsinghua University, the University of Cambridge, The University of Melbourne, Facebook, and Imperial College London.
By collaborating on research partnerships we hope to share our insights and experience with other Trinity members while also gaining insights from the aforementioned research institutions on new techniques that we can use in our technology.
Chief Technology Officer