How Fintrax builds a research note

Every note is drafted from the same evidence base: the company’s own regulatory filings (SEC and company filings, linked directly), fundamentals and prices from a licensed market-data provider (prices delayed by at least 15 minutes), and recent news coverage from a licensed news feed. Every factual claim in a note carries a citation back to one of these sources, so you can check it yourself.

If the sources are unavailable or empty for a company, no note is written. We would rather publish nothing than publish something ungrounded.

An AI model drafts each note from the source material above, to a fixed structure that is identical for every company and every reader: what the company does, recent results, the bull case, the bear case, key risks, upcoming events worth watching, and a plain-English summary. The draft is validated against that structure before it is published; a malformed note is rejected, not patched.

The model works under standing instructions it cannot override. It must never:

• make a personal recommendation, or tailor anything to an individual reader;
• state a price target, price forecast, valuation estimate or price range of its own — Fintrax does not produce price predictions;
• invent a number — figures must come from the cited source material or be omitted;
• present any forward-looking view as anything other than uncertain opinion.

Where a note shows price targets, they are the published consensus of professional third-party analysts covering the company, reported as supplied by our licensed market-data provider. They are reported facts about what other analysts estimate — not Fintrax’s opinion on where the price will go, and not a recommendation. Where no consensus data is available for a company, the section is simply omitted.

Every note is date- and time-stamped at the moment it is completed and first published. Notes are versioned: when a note is refreshed, the previous version is kept and the changes between versions are listed, so the record shows what we said and when we said it. Nothing is silently rewritten.

If we discover a factual error in a published note, we correct it in a new version and the change appears in that note’s revision history. To report a suspected error, use the contact page.

Notes refresh roughly daily, on demand: when someone views a company whose note has gone stale, a fresh version is generated against the latest sources and published for everyone. A note may therefore be up to a day old — its date stamp always tells you exactly which version you are reading.

Fintrax Ltd and its director hold no positions in any company covered, and receive no payment, commission or other benefit from issuers, brokers or anyone else with an interest in the securities we write about. Our only revenue is subscriptions from readers. Every note carries this statement in its disclosures.

Fintrax publishes general, impersonal information and education about listed companies. It is identical for every reader; it does not know your circumstances, objectives or risk appetite, and nothing in it is a personal recommendation, investment advice, or an offer or solicitation to buy or sell any security. Fintrax Ltd is not authorised or regulated by the Financial Conduct Authority. Investing carries risk, including the loss of the capital invested — decisions are yours, and if you are unsure you should consider advice from a suitably authorised financial adviser.