RavenPack provides Big Data Analytics derived from unstructured data to top hedge-funds and banks worldwide. These global institutions recognize the value in this type of data when making financial decisions. This talk will explain some of the key use-cases of our analytics, and will showcase a platform that we have developed which allows us to make our data accessible to all as an on-demand service.
Big data analytics as an on demand service by Kevin Crosbie.
1. RavenPack International
RavenPack News Analytics
Big Data Analytics as an On Demand Service
Kevin Crosbie, May 20, 2016
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
3. The Role of Data Analytics in Decision Making
PWC Study:
Only 29% use Data
4. The Role of Data Analytics in Decision Making
Key Obstacles
● Lack of skill/expertise
● Quality/completeness
● Timeliness of data
5. RavenPack International
● Our approach to Big Data
● Key Client Applications
● Unifying Big Data
● Self-Service Data
Presentation Outline
6. RavenPack at a Glance
RavenPack is the leading provider of real-time news and sentiment analytics in
financial markets
Company Facts:
• Founded in 2003
• 50 Full time employees
• Offices in NY, London, & Marbella
The RavenPack Name?
In Norse mythology, the most knowledgeable of all gods, Odin, had two ravens scouring the world for
information and returning with it every night.
The name RavenPack is derived from Odin’s ravens, a “pack” scouring the world for information and making
sense of it all.
Our Vision:
Make unstructured content actionable for
financial professionals
10. Structured data from News and Social Media
Type of Analytic Shire Plc AbbVie Inc. Explanation - 5 out of 46 data fields
Relevance Score 100 100 Calculate the relevance of any entity in the story
Event Detection Acquisition Failed Classification of potential market moving event
Entity & Role Detection Acquiree Acquirer Identify entity and its potential role in the story
Novelty Score 100 (most novel event) Answers if the news is new or “novel” over time
Sentiment Score 21 41 Calculate sentiment using various techniques
Unstructured
Content
• Newswires
• Social Media
• Press Releases
• Reg. Filings
• Web content
Shire plc: AbbVie Terminates Offer for Shire DUBLIN, Oct. 20, 2014
PRNewswire
In light of the AbbVie Board's decision to change its recommendation and to advise its shareholders to vote against
its offer, Shire believes that there is now no realistic prospect of AbbVie completing its Offer…
Sample Story
Sample Analysis
Daily FTP
Updates
Downloadable
Historical Archive
API
Real-time
Key Features:
• Real-time data delivery
• 16+ yrs of historical data
• 41k stocks, 200 countries, all
major FX and commodities
• Event-level, story-level and
sentiment-level analytics
Client Proprietary Trading & Risk Models
11. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
12. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
13. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
14. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
15. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
16. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
17. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
18. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
19. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
20. Structured data from News and Social Media
Entity Recognition
Event Detection
Relevance Scoring
Novelty Scoring
Sentiment Scoring
Temporal Information
Media Buzz
Relationships
Opinions
Sentiment Indicators
26. Data for Investing and Financial Decision-making
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
Quantitative & Algorithmic Trading
• Enhanced algorithmic trading execution
Discretionary Trading Applications
• Front office decision making tools
Portfolio Selection
• Find stocks in the media spotlight
Event based trading
• Buy on the rumor, sell on the fact
27. Data for Investing and Financial Decision-making
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
Quantitative & Algorithmic Trading
• Enhanced algorithmic trading execution
Discretionary Trading Applications
• Front office decision making tools
Portfolio Selection
• Find stocks in the media spotlight
Event based trading
• Buy on the rumor, sell on the fact
28. Data for Investing and Financial Decision-making
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
Quantitative & Algorithmic Trading
• Enhanced algorithmic trading execution
Discretionary Trading Applications
• Front office decision making tools
Portfolio Selection
• Find stocks in the media spotlight
Event based trading
• Buy on the rumor, sell on the fact
29. Data for Investing and Financial Decision-making
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
Quantitative & Algorithmic Trading
• Enhanced algorithmic trading execution
Discretionary Trading Applications
• Front office decision making tools
Portfolio Selection
• Find stocks in the media spotlight
Event based trading
• Buy on the rumor, sell on the fact
30. Data for Investing and Financial Decision-making
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
Risk Management
• Control for headline or event risk
Market Surveillance/Compliance
• Investigate insider trading
Competitor Analysis
• Stay on top of competitor activity
Supply-chain Analysis
• Monitor companies in the supply chain
31. Data for Investing and Financial Decision-making
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
Risk Management
• Control for headline or event risk
Market Surveillance/Compliance
• Investigate insider trading
Competitor Analysis
• Stay on top of competitor activity
Supply-chain Analysis
• Monitor companies in the supply chain
32. Data for Investing and Financial Decision-making
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
Risk Management
• Control for headline or event risk
Market Surveillance/Compliance
• Investigate insider trading
Competitor Analysis
• Stay on top of competitor activity
Supply-chain Analysis
• Monitor companies in the supply chain
33. Data for Investing and Financial Decision-making
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
Risk Management
• Control for headline or event risk
Market Surveillance/Compliance
• Investigate insider trading
Competitor Analysis
• Stay on top of competitor activity
Supply-chain Analysis
• Monitor companies in the supply chain
34. Self-service Data Analytics
Gartner’s Magic Quadrant for
Business Intelligence and
Analytics Platforms
● Access to self-service tools
● End-to-end analytical platforms
● Next-generation data discovery
● Natural-language generation
Complete view for decision making?
35. Third Party Content
Organization
Press Releases
Corporate Website
Competitor Activity
Social Media Presence
Proprietary Data
Sales Data
Shipping/Satellite Info
Internet Traffic
CRM
Crowd Sourced Data
Public Information
Anonymized Data
Online Purchases
An Organization’s Big Data
Credit and Valuations
36. Insight from Big Data
Brand Tracking
Competitor Insight
Supply Chain Tracking
Customer Churn
Trading
Organization Data
Mapping/Transformation
Relationships
RavenPack Data
Enrichment
42. Upload
Data
Server
* Process
* Map
* Deliver
* Research
* Email
* Transcripts
* Sales Data
* Marketing
* CRM
* Competitors
Public API
Private
Cloud
Business
Data
Data
Platform
Unify data across the enterprise
Big Data Platform
43. RavenPack International
Summary
ravenpack.com | info@ravenpack.com | AMERICAS Tel: (646) 277-7339 | EMEA-APAC Tel: +44 (0) 782 783 8282
● 80% of Big Data is unstructured
● There is value in unstructured data
● Big Data is used for 29% of decisions
● Data democratization needs data unification