Prattle Anlytics' tradable data based on the sentiment of central bank communications is now available on Kuberre's Event Fusion platform.
BOSTON, MA, April 30, 2015 /24-7PressRelease/ -- As part of a continuing strategy to aggregate, manage, filter and alert real time feeds that matter to investors through a seem less interface, Kuberre Systems today announced it will offer its clients the analysis of Central Bank data produced by data firm Prattle Analytics on Kuberre's Event Fusion platform.
Event Fusion, offers real-time alerts about relevant news and information affecting investment holdings. It draws from disparate data sources, culling out news about events that users deem relevant and providing actionable real-time notifications over a wide range of preferred devices. Event Fusion offers a simple process for incorporating market data or news feed subscriptions and bundling them with social media or other unstructured data sources.
This will be the first time Prattle Analytics data will be offered outside of a closely held community of high-end clients. Founded in 2013 by two academics from Harvard and the University of Michigan, Prattle Analytics has been analyzing and scoring written communications and speeches from central banks around the world. The scores are produced by proprietary textual analysis methods that use both deep domain expertise and cutting edge machine learning technology. The end result is comprehensive, unbiased, quantitative data based on each and every central bank communication from 18 central banks throughout the world. Prattle Analytics' clients are using this data to guide critical investing decisions.
"We're very excited about the benefits this new, real-time data offering and our partnership with Kuberre provides to our customers," said Dr. Evan Schnidman, Founder & CEO of Prattle Analytics. "Event Fusion allows us to offer our unique central bank sentiment data in a completely new format. This alert-based approach will not only help data users stay apprised to constantly developing policy decisions, but it will also help their quantitative models perform better as this data arrives in real time."
"We are excited about the partnership and can't be happier to incorporate such a smart data stream, which is based on years of research and quantitative modeling, into the Event Fusion Platform," said Kumar Metlapalli, founder and CEO of Kuberre Systems. "Our focus with Event Fusion is to provide rich real time data contents that have market impact and making it absolutely easy to incorporate into the investment process. With CBA scores, our users now have access to quantitative scores of the commentary from 18 central banks worldwide."
Event Fusion includes an intuitive, drag-and-drop interface that simplifies the creation of alerts and setting of notification preferences. As a cloud-based offering, Event Fusion enables users to access the system quickly with no involvement of IT departments required. In addition to Prattle Analytics' central bank sentiment data, Event Fusion is currently pre-packaged with S&P Capital IQ's Event Driven Alerts (EDA) feed and is nominated for an award from Inside Market Data for best new data product.
About Kuberre Systems, Inc.
Founded in 2001 and headquartered in Wilmington, MA, Kuberre Systems, Inc. is a Data Management & Analytics company, and provides fully managed solutions such as Security Master, Holdings Hub, Risk Analytics, and Performance Attribution to some of the largest capital markets customers worldwide. Based on its Precast Components that include Data Management Software, Workload Automation, and Entity Lineage, etc., Kuberre's solutions are the perfect medium between a buy and build option. For more information on Kuberre Systems, visit: www.kuberresystems.com.
About Prattle Analytics
Founded in 2013 with offices in St. Louis, MO and Cambridge, MA, Prattle Analytics is the leading financial data and analytics company. Prattle Analytics' core product is real-time central bank sentiment data; it also provides a variety of other offerings based on their core text analysis capabilities. As a startup in 2014, Prattle won the Arch Grant competition in St. Louis and has since been building a strong base of customers among elite financial services firms that seek an edge in modeling complex streams of qualitative material. For more information on Prattle Analytics, visit: http://prattle-analytics.com/
Media Contacts:
Kuberre Systems
Robert Garcia
978 203-0453x207
[email protected]
Prattle Analytics
Natty Hoffman
781-375-6706
[email protected]
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