RavenPack launches RPNA 4.0

RavenPack has announced the launch of RavenPack News Analytics (RPNA) 4.

First Published by e-Forex News: October, 2014

Armando Gonzalez

Armando Gonzalez

RavenPack has announced the launch of RavenPack News Analytics (RPNA) 4.0, with significant advances in its news analytics and event detection capabilities, enabling quantitative analysts and data scientists to accelerate the discovery of relationships between news and financial markets. RPNA 4.0 brings new sentiment indicators, farther-reaching event novelty analytics and an expanded taxonomy focusing on macroeconomic and geopolitical risks. New data packages and delivery mechanisms help reduce the time needed to discover and test new strategies or techniques that may enhance alpha generation, mitigate risk or help identify potential market abuse and insider trading. 

“Version 4.0 nearly doubles the number of market-moving events we detect, capturing more of the nuances in natural language towards a tradable instrument, hence the potential for increased alpha - or more effective surveillance and risk management,” said Armando Gonzalez, RavenPack’s Chief Executive.