Image Credit- businesswire.com
Liquidnet is a automated investment research solutions provider has acquired Prattle for financial professionals as part of the continued expansion of its AI investment analytics platform.
By obtaining Prattle, Liquidnet, is an institutional trading and equities network, now has admittance to its proprietary Natural Language Processing (NLP) and Machine Learning (ML) system.
The system is capable to produce analytics which procedures sentiment and predicts the marketplace collision of content that is obtainable to the public, such as central bank and corporate communications like company earnings and press releases.
This systems allowing asset managers to understand & anticipate market movements, According to the statement : Prattle, which was launched in 2014, provides prognostic analytics on approximately three thousand publicly traded companies and 15 central banks.