RavenPack, has unveiled its new providing for buyers, specializing in buying and selling indicators derived from large information. The brand new service harnesses large information expertise from a large spectrum of mediums, together with internet, information, social media, regulatory filings, and others.
The brand new providing caters to buyers of all calibers with such capabilities beforehand solely utilized by quantitative hedge fund and asset managers. With RavenPack’s newest launch nevertheless, conventional buyers will have the ability to make the most of the identical instruments, garnering the identical kind of entry to large information because the trade’s leaders.
Armando Gonzalez, CEO of RavenPack, commented: “The flexibility to construct customized indicators on the RavenPack platform is a game-changer for discretionary and basic buyers who worth logic and information. Till now, our core instruments and methods have solely been out there to the most important quantitative hedge funds and funding banks. Creating indicators from large information sources is now easy and intuitive – and accessible for many monetary professionals.”
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The launch is essential because it depends on RavenPack’s large information expertise with out the necessity to depend on information scientists or others. The flexibility to domesticate and course of 1000’s of information units in actual time was beforehand an attribute out there to primarily hedge funds. By using RavenPack’s new providing, the method is vastly simplified and streamlined, rapidly disseminating social media and information shops.
Investor reliance on large information is among the most key tendencies in 2017 as monetary venues, asset managers, and personal buyers alike are all trying to achieve entry to sentiment indicators and information set processing. As we speak’s launch helps cater to this demand, aiming to assist interpret enterprise and macroeconomic tendencies in addition to bettering buying and selling efficiency.
Specifically, RavenPack’s new large information providing will permit discretionary and basic buyers a spread of latest utilities. This contains the development of buying and selling indicators by way of a simplified person interface whereas additionally permitting buyers to simply make the most of plug large information into extra conventional methods.
Moreover, the brand new providing options capabilities that assist determine market tendencies and patterns visually by charting sentiment indicators improved pricing information. Customers may also obtain indicators into conventional instruments utilized by analysts and merchants together with Excel, R, Python, and Matlab.