Nasdaq Intelligence Desk Integrates Market Prophit’s Analytics Capabilities

Market Prophit, a provider of real-time stock market sentiment analysis of social media conversations, has just licensed its platform to the Nasdaq’s Market Intelligence Desk, according to a Nasdaq statement.

The integration will see a reinforcement of Nasdaq's Market Intelligence Desk utility, which aims to provide touch-points for trading analysis and market information. The advent of Market Prophit’s solutions will help strengthen the utility’s scope, whilst benefiting from a deep range of data and predictive Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term – pillars of Markit Prophet’s solutions suite.

According to Igor Gonta, CEO of Market Prophit in a recent statement on the licensing, "Financial, market moving news is breaking more often in social media channels such as Twitter. Our platform delivers that real-time intelligence via proprietary sentiment analytics, our smart financial Tweeter scoring and recommendation engine, which identifies relevant people to follow, as well as a vast array of real-time alerts.”

“We are pleased that Nasdaq has chosen Market Prophit's platform as its provider of social media analytics intelligence to help them stay abreast of market moving information," he added.

Market Prophit is a financial analytics company specializing in big data, capable of delivering real-time, meaningful intelligence to a broad spectrum of investors via sophisticated natural language processing (NPL), predictive analytics, and powerful visualizations of sentiment analysis.

Just yesterday, Nasdaq announced the implementation of its Index Calculation System, a comprehensive solution designed to help provide marketplaces with an index calculation platform for computing Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term, multi-currency indexes.