Mobius utilizes natural language capabilities like ChatGPT and connects it to Facteus’ database of real-time US consumer transactions, the largest in the world
Facteus, a leading data-as-a-service (DaaS) with the world’s largest databases of consumer transactions, is proud to provide actionable insights by transforming this immense wealth of data into valuable information for businesses and financial institutions. Today, Facteus announced it will be presenting its newest product, Mobius, at the Eagle Alpha Unbound Conference in New York City on June 6th.
“Having well over a decade of experience in the alternative data space, I am excited to see the power of Mobius and the potentially revolutionary impact it could have making complex datasets, like transaction data, more accessible to a broader range of end users.”
Facteus’ Mobius interface converts everyday language questions into data queries, bridging the gap between humans and large language models like ChatGPT, to extract answers from Facteus’ transaction data sets. In simpler terms, Mobius helps to connect questions with relevant data in order to provide accurate answers. Because Facteus boasts one of the largest consumer transaction data sets, the accuracy of Mobius’ answers will be unmatched.
“ChatGPT has opened the world’s eyes to the vast amount of data. As the leading transaction data provider with the largest set of data in the alternative data space, we’ve created Mobius to take it another step further by connecting this data and turning it into usable insight,” stated Jonathan Chin, Co-founder of Facteus. “Historically, we’ve been required to rely on developers and engineers to perform data queries. Now, from analysts and investors to restaurants and retail, Mobius connects anyone – technical or non-technical – to the data through a simple question and answer session. Essentially, with Mobius, the world’s largest US consumer transaction database is at your fingertips.”
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As shown in this video, queries are quickly and seamlessly pulled by Mobius, from the average transaction amount at Target by generation to increase of egg prices over the last year. Without the need for coding, databases, or spreadsheets, Mobius can provide comprehensive insights like Market Share Reports, Cross-Shopping Reports, Competitor Reports, and beyond, by simply asking a question.
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“Our Eagle Alpha team is delighted to have Facteus demoing Mobius first for our Conference,” stated Niall Hurley, CEO of Eagle Alpha. “Having well over a decade of experience in the alternative data space, I am excited to see the power of Mobius and the potentially revolutionary impact it could have making complex datasets, like transaction data, more accessible to a broader range of end users.”
