Algorithmic analytics using NewsEdge bring actionable insights to the financial industry
Roseland, NJ – February 26, 2018 – News aggregation, distribution and Content-as-a-Service (CaaS) experts, NewsEdge, announces that its premium collection of real-time financial news was chosen by YUKKA Lab to be their provider of choice for the anticipated YUKKA News & Trend Lab platform. YUKKA chose the NewsEdge augmented language intelligence platform to feed their text analytics technology as a real-time resource for global financial news.
“For us it is key to have a broad and high-quality offering of professional financial media as the starting point for our augmented language intelligence technology,” states Oliver Berchtold, Chief Business Development & Co-Founder of YUKKA Lab. “Based on this solid foundation, we precisely quantify the mood for markets, companies and topics enabling us to deliver unique trend signals. And that is why after a thorough benchmark we decided to partner up with NewsEdge as they can deliver exactly what we need: high-quality financial news content with global coverage from a broad range of sources through a single API.”
With its roots deep in the financial news industry, NewsEdge has long understood the connection between news and movements in the markets. “It is exciting to work with a company that shares our passion for news and is successfully using the latest in analytic technology to further the value that newsfeeds can provide the finance industry,” shares Brad Scher, NewsEdge President. “YUKKA Lab is providing real insight to its users and we are proud to be a part of it.”
NewsEdge’s news collection has grown to over 18,500 sources from the top brands and trusted resources from web, print and social media. The collection is comprised of global newspapers, press release wires, newswires, press agencies, trade journals, online publishers, industry experts, blogs and curated social media. Through NewsEdge’s proprietary business taxonomy and categorization tagging, NewsEdge feeds can be filtered for relevancy to match each organization’s need making NewsEdge the ideal choice for CaaS requirements.
Acquire Media NewsEdge, a NEWSCYCLE Solutions company, provides an advanced technology platform devoted to delivering breaking news and multimedia in formats that make the content usable and searchable for business professionals in need of reliable information. NewsEdge has clients in the digital publishing, corporate and financial services communities who depend on speedy delivery, cutting-edge technology, reliable 24×7 support, and an ability to handle multiple formats. A variety of delivery options are available for content from thousands of news sources. More than half-a-million news articles daily are aggregated and optimized in near-real time to provide valuable insights and intelligence to business leaders throughout the world. On the Web: acquiremedia.com.