RavenPack News Analytics Now Digests A Larger Chunk of Big Data

London (PRWEB) November 12, 2013

RavenPack, the premier provider of real-time financial news analysis services, has enhanced its flagship RavenPack News Analytics (RPNA) product with over 22,000 online sources of financial news and opinion, and also a new content curation system. The latter will help clients react to information derived only from publications they trust at the earliest possible point in the news cycle.

The new publications include the online editions of newspapers, journals and trade magazines, specialist financial news sites and blogs – all of which means that firms using news analytics to enhance returns from systematic or discretionary applications now have huge depth and breadth of coverage of the world’s financial and geopolitical news.

Because more sources can mean more noise in the data, RavenPack has also developed technology to curate the content – providing clients with a proprietary publisher ranking system, distinguishing between different levels of trust and impact by source, and only producing data relevant to business and finance. In addition, RPNA gives clients the ability to tell which publications lead the news cycle and how the story developed in the media.

“This additional content will provide our clients with many more data points, leading to more and stronger signals for our clients to work with, plus vastly improved data coverage of commodities, smaller companies and emerging economies,” said Armando Gonzalez, RavenPack’s Chief Executive. “We are generating ten times more structured data than we did before – a large slice of ‘Big Data’ - but we’re also helping clients get more out of the data with our content curation capabilities.”

RavenPack News Analytics will include 7 years of historical data from web publications and blogs – adding to the 14 years’ archive of newswires content - a unique proposition for those wanting to find and test signals derived from unstructured content.

About RavenPack:

RavenPack is the leading provider of real-time news analysis services. Professionals rely on RavenPack for its speed and accuracy in analyzing large amounts unstructured news and transforming it into real-time actionable data to support trading, investment and risk management models and decisions. Financial institutions use RavenPack's services to generate better returns by systematically incorporating the effects of news in their trading, investment or risk management processes. The company's clients include some of the best performing quantitative firms in the world.

To learn more about RavenPack, visit http://www.ravenpack.com or e-mail info(at)ravenpack(dot)com

RavenPack Contacts:

Hugh Taggart Tel: +44 (0) 782 783 8282
e-mail: htaggart(at)ravenpack(dot)com

Tania Calvo Tel: +34 952 907 390
e-mail: tcalvo(at)ravenpack(dot)com

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