RavenPack, a provider of big data analytics to financial institutions, is adding a new source to its analytics platform by partnering with Alliance News, a real-time newsroom dedicated to the UK market.
Alliance News focuses on UK listed stocks, economic issues, central bank decisions and breaking currency news. It aims to uncover stories and carry out fact checks in order to provide a reliable source of information for making decisions.
RavenPack announced that it has incorporated the full historical news archive from Alliance News and will process all new content published in real-time as part of its big data analytics services.
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“In order for UK focused investors to make good investment and trading decisions using big data analytics, the underlying content must be timely, relevant and consistent,” said Armando Gonzalez, CEO of RavenPack. “By adding Alliance News to our content analysis platform, we help our clients uncover news and check facts affecting the UK in the timeliest manner.”
“We have long known RavenPack as an innovator in the field of news analytics, and Alliance News distinguishes itself with its universal coverage of all London Stock Exchange quoted companies,” said Alliance News Chief Executive Tom Waite. “The Brexit vote and its fallout have created a highly news-driven market in London, so the quick Alliance News reporting on corporate actions, broker ratings and public policy is more influential than ever.”
Back in February RavenPack launched a partnership with financial media outlet Benzinga to expand coverage of small and large-cap companies, M&A, IPOs, rumors, and more.