Pre-Covid (prior to 2020), OFIP was expected to be implemented in the industry through a large-scale relaunch of Intelligenxe, Inc. with the business plan posted on pre-Covid EP (and summarized at the bottom of this page). This involved keeping OFIP proprietary and protected by patent rights.
Post-Covid (starting in 2021), Intelligenxe has a new business plan: OFIP is now open source – fully disclosed in the following links and freely available to all institutions that would like to use it and benefit from it:
Pre-Covid OFIP Open-source disclosures:
provisional patent application, short videos, presentation and history
OFIP without AI (= old OFIP) @ t = pre-Covid
In the first two decades since its conception, OFIP did not include any AI (Artificial Intelligence). More importantly, even without the use of AI, a well designed OFIP would provide the advantages described at the bottom of this page. In fact, Wikipedia, which has a somewhat analogous model, continues to prove to be very useful even without significant use of AI.
OFIP + AI (= current OFIP) @ t = post-Covid
OFIP Virtual Assembly Line (shown above) can be made more efficient through the use of AI. The intern’s collaborative production in OFIP is somewhat analogous to the Git model. GitHub, in particular, has proven to be a very successful collaborative production model for software development mostly because merging the work of various collaborators/software-developers can essentially be accomplished in a perfect way thus adding value through such integrations.
By contrast, in OFIP Virtual Assembly Line the individual work of each intern can be thought of as an individual Wall Street analyst equity research report (thus mostly text), which, without AI, is very difficult to merge in such a way that the substance (or at least the consensus) of the text pieces being integrated/merged is retained, or accurately represented.
Therefore, the key to performing the integrations of the work/text produced by the collaborators/interns in the most efficient way, that is, so as to maximize investment returns, will be through the use of AI. In particular, LLMs and LangChain models which are related to ChatGPT would be able to extract the substance and consensus of the various texts (individual interns’ research reports).
OFIP + AGI (=new OFIP) @ t = post-Covid
Furthermore, the new OFIP (= OFIP + AGI) is a natural extension of the OFIP + AI described above, in the previous section. In particular, in the new OFIP, OFIP interns are partially or entirely replaced by AI agents.
Finally, it will be therefore very likely that the new OFIP will outperform the current/traditional/legacy models that neither use (old) OFIP or AI for financial analyses.
Pre-Covid BUSINESS PLAN SUMMARY
BUSINESS PLAN (excerpt): Intelligenxe, Inc. – a Company with a Proven Proprietary Business Model that is Expected to Revolutionize the Financial Services Industry
Intelligenxe, Inc. (“the Company”) is a unique company as it has the exclusive right to use the OFIP proprietary business model. This business model enables financial services companies (FSCs), through revenue sharing alliances with the Company, to perform most of their financial activities (including investment research, investment banking, asset management and sales) significantly more thoroughly and efficiently. In particular, the alliances of FSCs with the Company enable FSCs to potentially double their net profit margins, therefore, providing them with a revolutionary competitive advantage in an industry with a secular trend of margins’ pressure, due to fierce competition. The alliances also provide FSCs with other advantages that are expected to make remarkable contributions to solving the major challenges facing the financial services industry (link below). Through the alliances, the Company’s OFIP business model provides these advantages to FSCs by using proprietary methods analogous to those of the open-source Linux operating system and search engine Google. Historically, these other applications have also revolutionized their respective industries and experienced the fastest growth rates in their industries by providing higher quality products/services and at lower cost.
The Large-Scale Development of the Company
The Company is building its large-scale infrastructures for asset management and investment banking and prospecting for entering in revenue sharing alliances with many of the largest and most prominent FSCs. The Company is unlikely to face direct competition from other FSCs as it does not plan to license its OFIP proprietary business model to them. On the contrary, the Company intends to form alliances with the FSCs for them to efficiently share in its outstanding sustainable competitive advantages (link below). As a result, the market for the Company’s business alliances is huge, comprising of most investment banks and brokerages, mutual, pension and hedge funds, private equity and venture captial firms, etc. Therefore, with no direct competition, a huge market, and a proven and scalable business model that offers outstanding sustainable advantages, the Company expects to rapidly form alliances with a large number of top FSCs and thus positively affect a significant market share of the financial services industry.
Revolutionary advantages for FSCs (its alliances’ partners) and the economy
OFIP advantages for “partner FSCs” (Financial Services Companies (FSCs)* implementing the OFIP business model in their operations):
The OFIP business model is very likely to >>
Higher Margins
>> produce work at lower cost and of higher quality for partner FSCs (potentially enabling them 100% net margin increases), a very valuable attribute in an industry with a secular trend of margins’ pressure due to fierce competition.
Higher Returns/Growth
>> produce higher returns for partner FSCs and thus stronger (macro) economic growth through them by inducing more efficient use and allocation of capital in a significant market share of the industry.
Morality/Transparency/Accountability
>> instill morality and increase transparency and accountability in partner FSCs thus significantly helping solve the ethical problems in both corporate governance and Wall Street, which would restore investors’ confidence in the industry.
Chinese-Wall
>> solve conflict of interest problem of Wall Streets’ analysts with respect to working with their investment banking divisions, in partner FSCs.
Minimized Cyclicality
>> reduce the cyclicality of partner FSCs, which is one of their key priorities in this industry that strongly correlates with economic cycles.
Outsourcing
>> make other major contributions to the US economy, including making it more efficient for partner FSCs to outsource cheap labor domestically rather than internationally/offshore.
* The above OFIP advantages are for Wall Street firms; however, similar OFIP advantages apply to Private Equity and Venture Capital firms.