Category Archives for Press

Ignore the hype and focus on machine learning objectives, say buy-side tech experts

Advancements in machine learning and artificial intelligence (AI) may be improving trading strategies, but at the cost of transparency and interpretability, according to panellists at this TradeTech FX Europe. Ian McWilliams, investment analyst at Aberdeen Asset Management, detailed how the understanding of what machine learning technologies are capable of is being distorted by a lack […]

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Gold mine, or minefield? – Risk.net

“Global exchanges make millions of dollars packaging data about deals taking place across their markets. Data and related services made up a fifth of total exchange revenues last year – the second largest revenue generator behind trading, clearing and settlement services.”   Read the full article at: Risk.net

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Wall Street, Hedge Funds Add Social Media to Research Menu

Wall Street is taking another step toward making social media as core to investment research as quarterly sales reports. M Science LLC, which sells alternative data research to big hedge funds, said last week that it is acquiring TickerTags Inc., a social-media tracking firm startup based in Dallas. Investment managers are increasingly looking to use […]

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Ray Tierney joins iSentium as President and COO

iSentium, the global leader in extracting value from social sentiment feeds like Twitter and Stocktwits, has hired Financial Services veteran Ray Tierney, as President and COO. Mr. Tierney will report to iSentium CEO, Gautham Sastri. Tierney’s resume includes lengthy tenures at Morgan Stanley & Co., Morgan Stanley Investment Management and Bloomberg spanning his 36 years […]

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Startups are setting up funds based on what is trending on Twitter

Startups that have built businesses parsing Twitter data to find buy and sell signals on stocks are looking to move into the investment game. Miami-based startup iSentium and New York-based Market Prophit are among the companies looking to bring market sentiment into real-time trading for the ordinary investor.  They are also now looking to launch exchange-traded funds.  Gautham […]

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