ALA Wins Best Stock Market Tool in 2018 FinTech Breakthrough Awards
– Offering Unparalleled Access to Critical Investment Insights
Advanced Logic Analytics Ltd (ALA), the AI data science business focused on investment applications for the global financial market, is pleased to announce that its market sentiment tool – ALASA – has won the FinTech Breakthrough Award for Best Stock Market tool 2018.
FinTech Breakthrough is an independent organisation that recognises the top companies, technologies and products in the global FinTech market today. It is the premier awards program founded to recognise the FinTech innovators, leaders and visionaries from around the world in a range of categories. The 2018 FinTech Breakthrough Award program attracted more than 3,000 nominations from across the globe.
“We are delighted that ALASA has been recognised as a leading product in the 2018 FinTech Breakthrough Awards,” said Pim Dale, CEO and co-founder of Advanced Logic Analytics.
“Being able to offer highly accurate sentiment allows our customers to track market mood across thousands of alternative data inputs – from financial market data, news and social media – instantly. Customers can now harness the wisdom of experts and the crowd to make informed financial decisions and gauge the investor sentiment on any given stock. We are honoured to be part of the AI data driven investor transformation.” He continued.
ALASA market sentiment is a financial news aggregator with sentiment analysis to forecast future market direction. ALASA helps banks, investment and other trading firms achieve a market edge and boost investment performance by harnessing the wisdom of experts and crowds. It helps investors make sense of human and market signals faster and more extensively than ever before.
ALASA uses Natural Language Processing (NLP) to analyse financial content published online – from market news and social media – on more than 150,000 assets (stocks, forex, indices and commodities).
ALASA is available via desktop or API.