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New Award: RavenPack Wins for Best Machine-Readable News Service

And yet another award in 2018 for RavenPack, this time as a recognition on our Machine-Readable News.

After winning the “Most Innovative New Product” award a few weeks ago for our Text Analytics platform, we won another award, this time for our flagship product called RavenPack News & Social Media Analytics in the “Best Machine-Readable News Supplier” category at the Intelligent Trading Technology Awards 2018.

We are incredibly proud to win this award and for the acknowledgement of all our hard work and dedication in delivering the best products to our clients. Since our move to the cloud last year, our product team was able to enhance our off the shelf Machine-Readable News product. The cloud-based platform opens up access to unstructured data analytics which until now have only been available to the most sophisticated quantitative investors and traders.

Best Machine Readable News Supplier

What is RavenPack Machine-Readable News?

Our Machine-Readable News, known as “RavenPack News & Social Media Analytics”, was launched in 2003. It allows the users to query and visualize data on over a quarter of a million entities, including companies, commodities, currencies and products, with analytics on the roles that entities play in events, and the relevance, novelty and sentiment of the mentions.

RavenPack Machine-Readable News is comprised of content from premium newswires such as Dow Jones, Benzinga, MT Newswires, Alliance News, FX Street, The Fly as well as multiple providers of regulatory news and press releases, and over 19,000 web publications.

Benefits of RavenPack Machine-Readable News

RavenPack Machine-Readable News allows clients to enhance returns, reduce risk and increase efficiency by systematically incorporating the effects of public information in their models and/or workflows.

Features of RavenPack Machine-Readable News

RavenPack News & Social Media Analytics is a sophisticated, 100% machine-readable database derived from unstructured content such as news and social media. Key features include:

  • Entity detection: tracks over 192,000 named entities, such as companies, products, people, currencies, commodities and organizations
  • Event detection: alerts users to key business, geopolitical, and macroeconomic events
  • Sentiment scoring: identifies if an event is positive, negative or neutral using a variety of sentiment techniques
  • Relevance scoring: identifies how relevant entities and events are in documents
  • Entity mapping: provides unique identifiers to easily map to client databases
  • Real-time analysis: data is analyzed within milliseconds and immediately pushed to users
  • Global coverage: source content includes premium news providers, regulatory and press wires as well as thousands of online publications
  • Historical data: over 18 years of millisecond time-stamped data available for backtesting

How to Consume RavenPack Machine-Readable News

Most of the systematic investors will customize the cut of the granular data they need and access it through web APIs or simply download via csv or xlxs files.

Discretionary investors can now benefit from Machine-Readable News thanks to RavenPack data visualization platform and receive alerts in real-time, when for example a sudden sentiment reversal or unusual media buzz occurs.

Do You Want to Know More About RavenPack Machine-Readable News?

For more information on our Machine-Readable News, please send your enquiry to info@ravenpack.com.

Peter Hafez RavenPack Best Machine Readable News Award
Best Machine Readable News Award

Peter Hafez, Our Chief Data Scientist attended the Intelligent Trading Technology Summit and received the award on behalf of RavenPack.

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