The Prime View magazine is pleased to present a trailblazer in the FINTECH industry; founded by Louis Mendelsohn, this remarkable company is Vantagepoint A.I.
Founded in 1979, Vantagepoint A.I. was the first company in the world to offer traders the power of artificial intelligence for their home computers. Louis Mendelsohn has been dedicated to levelling the playing field for independent traders, helping them to control their own destinies, and creating the freedom of life lived on one’s own terms. Their patented, predictive technical analysis forecasts and patented Global Intermarket Analysis help traders in over 160 countries trade smarter and be their own trading guru. They no longer need someone to send them trade signals, they aren’t reacting to the headlines, they aren’t getting caught in trades for too long or missing out on prime opportunities because they are hobbled by lagging data.
A Family Commitment to Excellence
Lane Mendelsohn, Louis Mendelsohn’s son, has taken the role of President of Vantagepoint A.I. He is recognized expert in his own right in the financial space and has continued to grow the company his father founded. Lane has been involved in the world of trading since childhood, he was passionate about the markets from the time he could read and has been actively involved in the company since he was a child. Lane has worked in every aspect of the company and today leads with a comprehensive understanding of controlled growth, superior customer care, and a company culture that maintains the core values of teamwork, innovation, communication, passion, purpose, positivity, integrity, and respect.
STRAIGHT FROM PRESIDENT’S DESK
This story begins with Lane Mendelsohn’s father, Louis Mendelsohn. He was the first person to introduce strategy backtesting to the financial markets. He created the FinTech industry with the release of the first version of his software.
“As a child I was at his side, formatting the big floppy discs for traders to use on their home computers (most of which did not have a hard drive!) at a time when very few people actually had a “microcomputer.” Over the years, I held every position in the company related to sales and marketing. I built our first website. I also become a Charted Technician through CMT at 13 years old. That was a huge accomplishment and has been part of my success over the years. I was fascinated by the financial markets and I continue to be – I’m always working to improve my own knowledge and carry that innovation into our company so we can use it for the good of traders around the world.”
“My father took an early interest in Artificial Intelligence and how it could be used to automate repetitive tasks, he wanted people to have more time for what matters to them and for innovation. Today, our company provides patented, predictive market forecasts created by using artificial intelligence to traders around the world. I’m very proud of that. Our predictive forecasts reliably help traders anticipate market movements up to 3 days in advance with up to 87.4% accuracy. We’ve been training our neural networks for over 30 years and our forecasts just continue to grow in accuracy. We safeguard our traders by ensuring that we can forecast a market with a minimum of 70% accuracy before it is incorporated into our software; each year we are adding more and more markets as the machines are learning faster. Our software is performing valuable analytic functions for our traders so they can trade with calm, assured confidence even when the markets are extremely volatile.
Since my father stepped back from the daily operations of the company, I have been leading our team with a focus on our growth, product improvements and new capabilities for our traders. We are dedicated to growing our family of traders and our team without ever sacrificing the quality and customer care we are known for”, explained Lane Mendelsohn.
THE INNOVATIVE TEAM AT VANTAGEPOINT
The team at Vantagepoint is exceptional and Mendelsohn works hard to support them in all they do including driving Vantagepoint’s unique company culture. The team is fiercely dedicated to their core values which guide every decision they make and every action they take. The team is all-in on Teamwork, Innovation, Passion, Purpose, Positivity, Communication, Respect, and Integrity. As a natural extension of those core values, the team is also dedicated to giving back to their community. Vantagepoint A.I. regularly donates a portion of its profits to Shriners Hospitals for Children, The Children’s Cancer Center, and many small, local charities that are often overlooked by large corporate giving programs.
COPING WITH TODAY’S “NEW MARKETS” AND STRATEGIZING FOR THE FUTURE
The financial markets are very volatile right now; anyone trading in the financial markets will acknowledge it’s been quite a rollercoaster. Independent traders are being pushed and pulled not only by the ups and downs of the market but also by a huge disparity of opinions about what’s next. VantagePoint software gives traders the power of artificial intelligence with a predictive moving average. Traders have the tools at their fingertips to get off the rollercoaster and start looking at the markets from a data-driven predictive perspective. VantagePoint also helps traders find hidden opportunities in the markets with their Global Intermarket Analysis and their IntelliScan feature. But probably the greatest protection their software can offer any kind of trader is their predictive market high and low each day. Traders can trade more confidently when they see where to set their stops, what the momentum looks like, and how strong the trend is that they’re trading. Most VantagePoint traders say they can’t imagine trading without that edge!
THE TOUGHEST DECISION MADE
We asked Lane what the toughest decision is that he’s had to make along the way. He said, “Like most people running a company, the pandemic forced us to take a whole new approach to the business. Vantagepoint had a very vibrant in-office culture. It was tough on everyone when we had to deploy our team to work from home. Since then, we’ve worked to find new ways to hold the fabric of culture together while we’re physically apart. It’s worked really well and I credit my leadership team for their flexibility and innovation. Because the team has been able to adapt so well, I’ve made the difficult decision to maintain a remote working model. I do miss some of the excitement of our daily office atmosphere but I also want to ensure my team is safe, healthy, and protected. It was a difficult choice but truly the best one for taking care of my Vantagepoint family.”
WHAT’S ON THE VANTAGEPOINT HORIZON
Vantagepoint is known for its high-calibre customer care. The company has been growing quickly but with great care. Lane and his father both believe in a controlled growth model. This mindful approach to growth is a contributing factor to why Vantagepoint has been around for over 40 years and maintains an A+ Better Business Bureau rating. “Yes, we’ll continue to grow, expand, innovate and bring even more functionality to our traders,” says Lane, “but we are fiercely committed to ensuring our growth includes being able to provide the services, training, and level of support we believe is required of us and that our traders deserve!” That said, they are looking for all-stars to join the team on a regular basis and they will continue to expand – always with the utmost care.
GIVING BACK MEANS MORE THAN WRITING A CHECK
As mentioned before, Vantagepoint A.I. regularly donates a portion of their revenue to Shriners Hospitals for Children and The Children’s Cancer Center. But there’s more to their philanthropy! The team involves their patient ambassadors in their Vantagepoint family too – they join into their events, fun contests, and quarterly meetings. The team also supports local food banks, homeless shelters, veterans’ programs, and other local charities where they know they can make a difference in people’s lives in their community.
“For businesses in the fintech space that are looking to establish themselves and offer a service to people, my first advice is to help make your customers’ lives easier. Give people something that is useful, practical, and helpful. In the world of software, you can design all kinds of shiny widgets and cool interfaces, but at the end of the day does it make people’s lives better? It’s also important to have integrity in business; we hear so many horror stories from traders and we work to do our best to take good care of our customers – we call them our Vantagepoint family, and we mean it. Our customers’ success with our software is our true measure of our own success!” shared Lane Mendelsohn. “Our third generation of family leadership is already in training. My girls (12 and 8) understand how important our traders are, how vital our team is, and what principles we are dedicated to in our business. I can’t wait to see what innovations they bring to our company!”