All posts tagged knowledge discovery

June 14, 2011

MASS Proposal passes first FP7 stage

SemLab has passed the first stage with their MASS proposal for the FP7 call on Digital Content and Languages, a funding scheme of the European Commission.

In this proposal, SemLab and innovative European partner organisations propose to create a functioning multimedia sentiment analysis platform that incorporates automatic semantic analysis of customer feedback from a wide variety of web-based multimedia, and automatic translation of small and large European languages.

In order to understand social customers, companies must understand the (often unknown) languages of their customers. Today’s existing social CRM solutions are monolingual and are not suitable for following consumers’ responses across Europe. By incorporating automatic translation for larger and smaller European languages into the system, MASS can step beyond the current state of the art and deliver a database of social media information and a system that can determine sentiment from different language groups, cultures, and countries from these data.

This will enable companies to tap into a large base of social customer sentiment, and use this in their CRM solutions. By using the latest semantic analysis technologies, the sentiment portrayed in social media can be extracted. Furthermore, smart semantic tools are used to interpret specific web language, such as shortened words or expressions, emoticons, new ‘internet’ language, etc.

 

January 11, 2011

Automated News Analysis on Wall Street

The New York Times recently published an article about the automated news anaylsis tools that are currently being used on Wall Street. The article describes the current trend – and potential – of using semantic analysis tools for analysing news, such as the news information published in news reports, blogs and Twitter feeds.

The technologies described are very similar to SemLab’s ViewerPro technology for automatic semantic analysis of news.

You can find the original article here: NY Times website

 

August 25, 2010

ViewerPro connects to Reuters Market Data System

ViewerPro, Semlab’s news flow algorithms and analytic suite, is now connected to Thomson Reuters Market Data Systems (RMDS). In order to interact and develop emerging news analysis tools, users can utilize a fully integrated RMDS news flow algo, based on SemLab’s superior semantic web technology.

For more information: Reuters RMDS website

 

August 20, 2010

SOLIM project in last phase

The Solim project for spatial reasoning has entered the last phase, in which the technology developed will be implemented into two POC applications for evaluation. The two applications that will utilise the spatial reasoning technology are Picsearch’s Image Searching system and Tilde’s Machine Translation system.

 

February 18, 2010

ViewerPro now covers multiple European stock exchanges

ViewerPro was already connected to news sources such as Thomson Reuters, Dow Jones and various RSS feeds, and has now expanded by covering multiple European stock exchanges.

ViewerPro now incorporates the FTSE AllShare index (London), the AEX (Amsterdam), BEL20 (Brussels), DAX30 (Frankfurt) and the CAC40 (Paris), thereby automatically identifying news events for companies within the UK, the Netherlands, Belgium, Germany and France.

In the nearby future, we will expand further to for example south European stock exchanges.

 

January 28, 2010

ViewerPro Client evaluation CD ready for launch

The finalised copies of the ViewerPro Client evaluation CD are ready to be handed out at the next few meetings that Semlab will attend.

This promotional CD contains a fully functional trial version of the ViewerPro client for financial news analysis, intended for evaluation purposes. This trial includes access to the live DowJones Newswire feed and includes installers for Microsoft Windows and Linux platforms.

 

January 20, 2010

Semlab lecture at Carisma Workshop

Semlab’s Mark Vreijling will lecture at the pre-conference workshop of News Analytics Applied to Trading, Fund Management and Risk Control, at the 1st of February 2010, London.

The lecture, titled Practical Use of News in Equity Trading Strategies will address issues concerning the possibilities of current technologies to quantify the content of news, how news analytics are to be used and the benefits of automatic news analytics for equity trading strategies.

For more information: Carisma Workshop

 

January 20, 2010

Semlab to research News Optimised Risk Management (NORM)

The European Union has approved our NORM proposal. Semlab and a consortium of international partners will start researching News Optimised Risk Management.

In today’s chaotic financial climate, systems for predicting market behaviour and attitudes of financial professionals are under scrutiny. Current market risk assessment characteristics disregard market information that is available from additional sources like, for example, financial news. There are whole new possibilities for producing meaningful market behaviour models by incorporating behavioural and quantitative finance, using the latest techniques and powerful modelling tools. The prevailing market environment can (to some extent) be captured by key innovative techniques of news analytics that quantify news sentiments. The emergence and impact of such behavioural finance is illustrated by the 4-5 Nobel Prizes for Economics awarded in this field in recent years.

This project aims to enhance market risk assessment metrics by using semantically analysed news-based information. This will compensate for inflexibility of existing models with regard to strong market fluctuations or market instability and give more dynamic, more reliable market risk estimation.

 

October 27, 2009

Semlab lecture at Dow Jones meeting in Frankfurt

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Semlab’s director of research, Dr. Mark Vreijling, was invited by Dow Jones to lecture on ‘Semantic analyses for non scheduled event driven trading’ at ‘The Evolution of Trading & Execution’ meeting in Frankfurt am Main, on Wednesday the 18th of November, 2009.

Other speakers include Prof. Dr. Christoph Lattemann (Professor for Corporate Governance & eCommerce, University of Potsdam), Nicole Schröpfer (Business Development Manager, Dow Jones), Klaus Brune (News Editor, Dow Jones).

For more information: Dow Jones Briefing

 

September 24, 2009

Semlab to enhance Market Risk assessment metrics

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Semlab, together with an international consortium of financial experts and supported by several large financial institutions, has submitted a proposal to the EU to enhance market risk assessment calculations by incorporating real time semantically analysed news-based market information.

The aim is to improve market risk metrics, such as the Value at Risk (VaR) and Expected Shortfall (ES). The incorporation of financial news will compensate for inflexibility of existing models with regard to strong market fluctuations or market instability and give more dynamic and more reliable market risk estimation.

The consortium consists of several top level financial experts and software companies as well as cutting edge research institutes.