Aleri and RavenPack Partner to Create Advanced News-Based Signal Generation Machine for Trading

"News Analytics are a rich source of trading signals to the largest and most successful quantitative fund managers," said Don Williams, Managing Director of RavenPack. "Until recently, this source of market information has only been accessible to the largest players. Together Aleri and RavenPack have developed a news-based signal generation solution that is affordable and easy to implement."

RavenPack's cutting-edge computational linguistics and analytics platform, delivers news as data, allowing users to easily and quantitatively analyze news events and their correlation with financial instruments. Within milliseconds, RavenPack processes news stories from thousands of global media sources and turns the news into numbers that are automatically delivered as news-derived factors into Aleri CEP-based trading models. Aleri CEP provides immediate response to shifts in public sentiment based on news, enabling the immediate creation of orders or changes to prices.

"We have seen a lot of interest from customers in factoring news into trading algorithms, but the challenge has been the automated analysis of news - which is exactly what RavenPack has addressed." said Jeff Wootton, VP of Product Development. "Clients can use the advanced data modeling capabilities of the Aleri CEP technology to rapidly test and launch new trading and risk applications that are driven by the RavenPack news analytics in a fraction of the time required when using traditional systems and techniques."

By integrating with Aleri's CEP engine, RavenPack has created a library of turnkey news factor models that can be used out of the box or as a starting point for further customization of a clients' proprietary trading approach. The joint RavenPack/Aleri integrated platform includes real-time analysis of key news events that are likely to impact market prices, allowing clients to more easily incorporate news into their trading and risk management strategies.

To demo the integrated solution please contact info@ravenpack.com.

About RavenPack

RavenPack is a leading provider of news analytics and machine-readable content. The company specializes in linguistic analysis of high volume, real-time news from high-end newswire services. In finance, RavenPack provides dynamically tagged news feeds and analytics that meet the accuracy and low latency requirements of today's markets. For more information about RavenPack visit www.ravenpack.com .

About Aleri

Aleri, a leading provider of enterprise-class complex event processing (CEP)technology and CEP-based solutions for financial services, provides a high performance platform to quickly build and deploy real-time data analysis applications, without compromising data management, scalability, performance, or security. Built for high throughput with minimal latency, Aleri's event processing technology allows customers to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage.

 

Aleri's CEP powered solutions help translate real-time data into insight, enabling the financial industry to respond faster to changing conditions and to make better decisions through more timely information. The Aleri Liquidity Management System leverages the power of CEP to provide end-to-end real-time management of cash and liquid assets to reduce short term liquidity risk and ensure optimal funding. The Aleri Market Liquidity Analysis engine consolidates and analyzes multiple order book feeds from individual exchanges to provide a powerful tool for trading in fragmented markets.

 

Aleri is a global company headquartered in Chicago with offices in Mountain View, New York, New Jersey, London, and Paris. For more information, visit www.aleri.com

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