NEW YORK and LONDON, March 24,
2015 /PRNewswire/ --
RavenPack, the top provider of real-time financial news analysis
services, today announced a partnership with FactSet Research
Systems (NYSE:FDS) (Nasdaq:FDS) to distribute RavenPack Equity
Indicators to FactSet's clients around the world.
(Logo: http://photos.prnewswire.com/prnh/20150323/735882 )
RavenPack Equity Indicators is a powerful dataset that
transforms unstructured news & opinion into structured factor
data to support trading, investment and risk management decisions.
To calculate these indicators, RavenPack sources content from
leading financial newswires, online publishers, news aggregators
and social media. The addition of these factors to the FactSet
workstation will enable users to capture sentiment and media
attention on over 36,000 global companies in their investment and
trading strategies.
"While the RavenPack Indicators turn large amounts of
unstructured news into manageable time series, FactSet delivers
this data in context with traditional market and fundamental data
in a platform where all that data can be easily manipulated and
tested," said Armando Gonzalez,
RavenPack's Chief Executive. "That's an incredibly powerful
proposition for any investor or trader looking to use news data in
their strategies."
"We are pleased to offer RavenPack's unique content set to our
clients, who can now seamlessly incorporate it into their
quantitative models, screens, and other workflows," said
Rick Barrett, SVP, Senior Director -
FactSet Analytics. "Integrating the RavenPack Indicators gives our
clients unique insight from news sentiment and news volume data
which they can leverage to generate alpha, mitigate risk, and
facilitate trading strategies."
RavenPack Indicators are based on RavenPack's award-winning
research and its ability to quantify perceptions on facts and
opinions reported in the media. It includes daily sentiment scores,
news volume counts, and metrics that capture abnormality in the
media across equity markets. In addition to the daily service,
there is more than 15 years of historical data for modeling and
backtesting.
About RavenPack
RavenPack is the leading provider of real-time news analysis
services. Businesses rely on RavenPack for its speed and accuracy
in analyzing millions of news articles and social media posts and
transforming them into real-time actionable data to help generate
better returns, manage risk, or improve efficiency by
systematically incorporating the effects of news in their business
processes.
The company's clients include some of the best performing
quantitative investment firms, banks and financial technology
providers in the world.
To learn more about RavenPack, visit http://www.ravenpack.com,
e-mail info@ravenpack.com or follow us on
Twitter: @RavenPackNews.
About FactSet
FactSet, a global provider of financial information and
analytics, helps the world's best investment professionals
outperform. More than 55,000 users stay ahead of global market
trends, access extensive company and industry intelligence, and
monitor performance with FactSet's desktop analytics, mobile
applications, and comprehensive data feeds. The Company has been
included in FORTUNE's Top 100 Best Companies to Work For, the
United Kingdom's Great Places to
Work and France's Best Workplaces.
FactSet is listed on the New York Stock Exchange and NASDAQ
(NYSE:FDS) (Nasdaq:FDS). Learn more
at http://www.factset.com , and follow us on
Twitter: @FactSet.
Contacts:
Geof Dallennes
RavenPack
gdallennes@ravenpack.com
+34-952-907-390
Rachel Stern
FactSet
rstern@factset.com
+1-203-810-1000
.
SOURCE RavenPack