Bespoke and GSMC announce market intelligence partnership

Bespoke now brings GSMC’s agentic market intelligence directly into the investment workflow - surfacing material changes, explaining what is driving them, connecting them to deeper research, and turning signals into actionable workflows.

Through its partnership with GSMC’s market signals and alternative research, Bespoke combines forward-looking frontier intelligence with robust public market data - fundamentals, prices, news, filings, and company research - and a firm’s own investment criteria to unlock novel investment insights and workflows.

The result is a living intelligence layer over the investor’s book: continuously monitoring the companies, securities, and themes that matter to your clients; identifying what has materially changed; ranking those changes by portfolio relevance; and giving advisors a direct path from signal → insight → action.

GSMC: a new layer of market intelligence

GSMC uses synthetic prediction markets and agentic forecasting to continuously evaluate what can change a company's prospects, including demand, supply, contracts, production, policy, and macro conditions. It also maps the network around each company (suppliers, customers, policy dependencies, geographic exposure), so a supplier outage or a tariff two steps removed shows up on the names you hold.

With GSMC, Bespoke adds a forward-looking research signal alongside consensus, sell-side coverage and an advisor's own view. Market Signals continuously reads across filings, news, company research and supply-chain data to identify what is changing, how much it matters, and where the underlying outlook is moving.

The result is a persistent layer of awareness - a safety net for material changes that might otherwise be missed, and a systematic way to go deeper when a signal warrants deeper research. Every underlying forecast settles against a published filing or other dated source on a set date, so there is a traceable path from the change detected to the evidence behind it.

Example: Vistra. Between August 4 and September 1, GSMC's forecast for Vistra's 2026 adjusted EBITDA didn't move at all, holding to the tenth of a point. Over the same four weeks, the probability that Vistra has more than 4,500 MW of nuclear power contracted fell 6.5 points for 2028 and 11.4 points for 2029. Vistra announced no filing or contract in that period that would explain it. Meanwhile, the stock slipped from about $145 to about $138, even though Q2 EBITDA grew 31% year over year and guidance was reaffirmed. The signal was reading a change further out in the outlook, where reported results don't yet reach.

*For illustration only, not investment advice.

This creates a broader field of awareness around every position: not just what happened to the company, but what is changing around it, where that change is occurring, and when it may begin to matter.

From market signals to portfolio intelligence

Signals are evaluated for relevance, and raised in context for investors. We map those changes to the securities your clients actually own, combine them with our existing market intelligence across 10-Ks, 10-Qs, earnings, filings, market data and research, and layer in each firm's configurable investment context.

The result is intelligence that is: forward-looking + portfolio-aware + ranked + synthesized + contextualized.

The key difference is not simply access to more signals. It is knowing which signals matter to your book - and why.

• Portfolio-aware. Signals are mapped to the companies, securities, themes and exposures that matter to each portfolio.
• Prioritized. Materiality is combined with portfolio exposure and relevance to determine what deserves attention.
• Synthesized. Multiple underlying signals are distilled into a coherent view rather than presented as a stream of disconnected readings.
• Contextualized. Signals sit alongside filings, earnings, news, market data, research and the firm's own investment context.
• Traceable. Advisors can move from the top-level insight into the underlying drivers, evidence and research supporting it.

GSMC creates the signal. Bespoke determines why it matters to you and plugs it into your workflows.

The intelligence stack

1. Proprietary Signals GSMC's forward-looking intelligence - continuously measuring changes in the fundamentals and expectations surrounding companies and markets.

2. Bespoke Intelligence Bespoke synthesizes those signals with market data, news, filings, research, and the firm's own investment context.

3. Decisioning + Action The resulting intelligence is ranked against actual portfolio exposure and connected to the investor's existing workflows.

Together, this creates forward-looking signals + investment research + firm context in one continuous intelligence layer.

A dynamic intelligence layer over your book

Traditional research infrastructure is largely organized around information: filings, earnings, news, research reports and market data. Frontier market intelligence adds another dimension: continuous awareness of what is changing beneath the surface.

A company can look unchanged in a conventional research workflow while deep fundamental drivers - the expectations around its supply, demand, contracts, production, policy exposure or other drivers are already moving. GSMC captures these signals by filtering roughly 20,000 news articles a day and market data through its synthetic markets. Bespoke is designed to surface those changes in the context of the portfolios that are exposed to them.

The same underlying development can therefore become a different signal for different advisors, households or portfolios - depending on what they own, how much they own, and what their investment context says matters.