Singapore, Singapore (PressExposure) February 17, 2014 -- FinSentS stands for "Financial News and Sentiment Screener", it is a platform dedicated to help traders and investment professionals tracking business information. Instead of simply collecting news and letting people read it, FinSentS' algorithms read for the users. It scans >6,000 sources for ~40,000 companies, as well as major business topics, currencies, commodities and even crypto currencies like bitcoin. Sentiment indicators and advanced visualisations help summarising all necessary information from financial and business news, blogs or Twitter. FinSentS monitors in real-time the velocity at which news or rumours spread, and allow investors to take speedy actions to make new investments or to protect existing ones.
Those familiar with technical analysis can use FinSentS' proprietary sentiment indicators to track over-optimism and over-pessimism areas.
More details can be found on http://www.FinSentS.com.
How Does It Work?
FinSentS News Analytics engine covers in standard major global equities, FX, commodities... it can be extended to any topic or asset class.
It indexes extensively the web or any private source in a way similar to what a search engine does.
Standard or bespoke sentiment algorithms read and analyse unstructured content automatically.
The sentiment data is then correlated to asset prices to ensure consistency.
Users are able to slice and dice through news content, to assess sentiment within a few seconds, and to feed downstream applications.