Thomson Reuters | No Other System Comes Even Close

7 May 2012

No Other System Comes Even Close

Thomson Reuters News Analytics (TRNA) wins The Technical Analyst’s 2012 award for Best News Analytics Software.

Caption|REUTERS/Christian Charisius The Technical Analyst awards celebrate excellence in the field of technical analysis and automated trading. And from over 250 nominations, The Technical Analyst judges selected the finalists, runners-up and winners across a range of categories for 2012, including Thomson Reuters, winner for Best News Analytics Software, citing TRNA for its sophisticated news analytics software and superb range of company data.

Thomson Reuters News Analytics is a revolutionary solution that is changing the way the financial community utilizes news. The system converts qualitative, unstructured information into a quantitative data set allowing users – machines and humans alike - to quickly analyze thousands of news stories in less time than it takes to read a single headline.

With news items on over 40,000 companies and 39 commodity and energy topics – the only one of its kind - TRNA goes above and beyond the competition from its highly granular sentiment scores, diverse relevance metrics, sophisticated novelty measurements, to its flexibility for both client inputs and output formats. It is also the only system able to provide real-time professional-grade content from Reuters and select third party newswires with the ability to drill into the full stories, not just the story metadata.

TRNA has been proven many times over to drive alpha and manage investment risk having been widely cited by significantly more notable industry participants than any other capability. Publications by industry leaders such as JP Morgan, Deutsche Bank, as well as in reference manuals like The Handbook of News Analytics in Finance, and academic experts such as Nitish Sinha, Svetlana Borokova, Axel Gross-Klussman, prove that no other system even comes close to TRNA’s capabilities.

With robust analytics across some 82 fields and hosted and deployed modules, users can customize the content sources including Internet news and social media, the types of analytics performed, and the methods of access (API and FTP for real-time, intraday snaps, end of day/week/month updates). Additional features produce near-term market-impact measures for direction, trading volume, and price volatility at the stock, sector, and market levels. When combined with Panopticon’spowerful visualization tools , this solution is a true game-changer for the entire industry.