A-Team Insight Blogs

Advanced Logic Analytics Offers AI Driven Market Sentiment Tool

Advanced Logic Analytics (ALA) has introduced ALASA, a market sentiment tool designed to help investment banks and trading firms make sense of human and market signals from financial data published online.

The solution uses proprietary algorithms, machine learning and natural language processing to gather financial information published online from any number of professional and crowd-based sources. The data is then combined with AI driven sentiment analysis and data mining algorithms to forecast future market direction on over 150,000 instruments including stocks, FX, indices and commodities. A positive or negative sentiment weighting is applied to provide an accurate sentiment-based feed that allows users to track market news, social media and mood data from a variety of inputs.

Nick Ellis, managing director at Advanced Logic Analytics, comments: “ALASA is a powerful tool that supports traders in being more profitable by tuning into the sentiment of the entire market. Our beta testing results have delivered empirical evidence that ALASA provides early indication of unprecedented events before they impact the markets.”

The company is in early discussions with investment firms interested in using the solution, which is available as a desktop tool or via an application programming interface (API).

Leave a comment

Your email address will not be published. Required fields are marked *

*

Share article

Related content

WEBINAR

Recorded Webinar: MiFID II: Data for transaction reporting

Don’t miss this opportunity to view the recording of this recently held webinar. Markets in Financial Instruments Directive II (MiFID II) is complemented by Markets in Financial Instruments Regulation (MiFIR), which builds out transaction reporting requirements with a number of new reporting obligations. The data and data management challenges of reporting include an increase in...

BLOG

Marco Polo New World Works with New Parent Perseus to Enhance Electronic Trading Platform

Marco Polo New World is building out its electronic trading platform to extend high-speed access to more global financial markets with the help of its majority owner Perseus Telecom, a supplier of ultra-low latency connectivity spanning over 70 markets across six continents. The trading firm is a revitalisation of Marco Polo Securities following the acquisition...

GUIDE

Putting the LEI into Practice

Hundreds of thousands of pre-Legal Entity Identifiers (LEIs) have been issued by pre-Local Operating Units (LOUs) in the Global LEI System (GLEIS), and the standard entity identifier has been mandated for use by regulators in both the US and Europe. As more pre-LEIs are issued ahead of the establishment of the global systems’ Central Operating...