The
KPMG Hub for Entrepreneurship (or "Khube") is a
department set up solely to seek out and support start-up
companies, primarily FinTechs. I had a chance to sit down with one
of the chosen start-ups, a Metz-based company called SESAMm which is
working on the marriage of big data and stock tips. Co-founder and
president Sylvain Forté spoke to me about his company and
his experience in Luxembourg.
First, though, I asked him for a description of his
company in 140 characters:
SESAMm is an innovative FinTech startup which develops stock
market forecasting algorithms based on social media big data
analysis.
Can you describe the context into which SESAMm
fits?
There are two big elements in trading: fundamental analysis,
which is to say the analysis of the companies themselves, how
they're priced, their balance sheets, etc., and technical
analysis, which is all about statistics: using historical prices to
decide what the future is going to hold for a
