CubeLogic has added CubeWatch sentiment analysis to its portfolio of business intelligence driven risk management, workflow and reporting solutions. CubeWatch monitors social media and other data sources, and automatically organises, filters, translates, scores and weights data collected to provide risk management practitioners with insight into market, geographical and climate related events in real time. The solution is offered as a standalone product or integrated with CubeLogic’s RiskCubed platform.
CubeWatch is designed to help risk teams proactively mitigate the impact of future credit risk events on a portfolio, allowing firms to reduce risks inherent in open positions by receiving up-to-date sentiment information created by scanning social media sites, such as Twitter, as well as global news and blogs, and to make timely profit generating or loss avoiding decisions.
Lee Campbell, CEO at CubeLogic, says: “We all recognise the value of social media to amplify our own brands, but using it as a new source of market data is a game changer for managing risk.”