BUSINESS WIRE – State Street MediaStats scours more than 100,000 media sources as well as other big data sources to estimate future price changes and risks pertaining to individual equities, country equity indexes, and foreign exchange rates. The indicators use natural language processing and machine learning algorithms to account for biases and helps filter out noise in the media based on an extensive body of founding partners’ research.
GLOBE NEWSWIRE – The Brokereach service has been significantly enhanced visually and is now enriched with new third-party integrations. At the same time, it remains a cost-free web trading platform, with the broker paying a small fee for FIX connectivity.
Rowland Park – Of course, Refinitiv (formerly known as Reuters) and Bloomberg terminals have been a mainstay of trading desks for decades, but now firms are using algorithms to transform headlines into data which can be utilized by both human traders and algorithms, to drive trading decisions. … The volume and lack of innovation in the world of financial research means that it is very difficult for market participants to effectively handle and consume the information they are receiving, leading to less-effective outcomes. … The opportunity now is to use smart technology to transform the liability of information overload in financial research into the asset the analysis was designed to be in the first place.
Monica Summerville – A common approach to data architecture in financial services has been to utilize a data technology stack comprising a collection of approaches – for example, historic data in a relational database, recent data in a columnar database, and real-time data in some sort of event processing software engine. To obtain a consolidated view, connections must be made directly to various systems; an approach that gets increasingly complex over time.
S&P Global Market Intelligence announced the launch of Textual Data Analytics (TDA), a sophisticated new data offering which applies Natural Language Processing to generate sentiment scores and behavioral metrics based on company transcripts
RSRCHXchange’s virtual library will be accessible through PitchBook’s Research Center, which includes PitchBook’s best-in-class research on private asset classes and emerging technology sectors as well as Morningstar equity research. Together, PitchBook and RSRCHXchange will create one of the most comprehensive online research marketplaces covering both the private and public financial markets. Additionally, this integration enables RSRCHXchange providers to easily extend their reach to a large and growing private market client base leveraging their existing research feed, access controls and intellectual property protection.
Lynn Martin – “With this expansion, MSCI will license and integrate ICE Data Services’ market leading fixed income pricing and reference data into MSCI’s products and services,” says Diana Tidd, Head of Index at MSCI. “MSCI and ICE have developed a strong relationship over the past decade, and we look forward to providing our clients with more access to ESG and fixed income data and tools.”
Douglas Christensen – Transparency has led to cost pressures and a reduction in research spending, which has had the unintended consequence of brokers and banks scaling back on the cost of coverage and ultimately has led to diminished output of published research.
Business Wire – Founded in 2015, Carbon Delta is a global leader for climate change scenario analysis. Together, MSCI and Carbon Delta will create an extensive climate risk assessment and reporting offering for the institutional market, providing global investors with solutions to help them better understand the impact of climate change on their investment portfolios and comply with mandatory and voluntary climate risk disclosure initiatives and requirements.