Dow Jones News Analytics...
…is now also available in the U.S. and Canada. Barely six months after its launch in the European market Dow Jones & Company and Ravenpack AG present an Application Programming Interface (API) for a seamless integration into customers’ trading systems.
Dow Jones News Analytics now also available in the U.S. and Canada.
Munich, October 5th 2007 – The Ravenpack AG, a portfolio enterprise of the Patentpool Group, bases its successful cooperation with Dow Jones & Company on the partnership launch of a „Developer’s Kit“ for Dow Jones News Analytics. This innovative software enables banks and hedge funds to seamlessly integrate news and sentiment data into their own algorithmic trading models by analysing the data together with hundreds of third-party statistical and market analysis programs. Moreover, users of the „Developer’s Kit” benefit from resources such as testing systems, code samples, technical documentation and technical support.
According to the CEO of the Munich based Patentpool Group Dr. Heiner Pollert, who significantly took part in the software’s development in terms of financing and organization, Ravenpack consistently continues its success story. "The algorithmic trading community is constantly searching for more ways to turn news into profits. Dow Jones News Analytics translates the vast database of Dow Jones content into actionable trading data, in flexible formats to fit the customer's business and technological needs. In respond to the high demand heard from Europe and the U.S. our partners are now geographically and technologically broadening Dow Jones News Analytics."