FactSet has added State Street’s MediaStats Equity Indicators to its Open:FactSet Marketplace. The MediaStats indicators have been developed in partnership with MKT MediaStats, an academic research firm, and scour 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 filter out noise in the media. Media-derived insights are aggregated to provide broader industry and macroeconomic trends, and help users improve investment decisions.
A-Team Insight Briefs
Alternative data is emerging as a key component of buy-side firms’ efforts to seek out new investment opportunities, for many filling the gap left by the unbundling of sell-side research from execution. By tapping into unique, non-traditional data sets, hedge funds and quantitative fund managers hope to exploit unfound opportunities before they hit the mainstream....
EOSE, a specialist services firm set up a year ago to help financial institutions commercialise their market data, has clocked up its fifth client, the Dubai Gold and Commodities Exchange (DGCX), the largest derivatives exchange in the Middle East. EOSE will support the exchange in enhancing the market data segment of its business, while the...
Now in its 3rd year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...