Euronext to provide sentiment analysis
03 Nov 2015
Euronext and Heckyl Technologies, a provider of news and data analytic solutions, today announced a partnership to provide sentiment data, market intelligence and trending news on all companies listed on Euronext's markets.
Euronext is the primary exchange in the Euro zone with more than 1 300 issuers worth €3.2 trillion in market capitalisation
Heckyl is a real-time data analytics company that brings brings real-time news, information and market data from companies, businesses and global markets from around the world. Heckyl's key advantage is its technology with sentiment-tagging, news – clustering and discovery engine that present ready-to-use, actionable intelligence in a fast-moving market using conventional and evolving data sets like Open Databases and Social Media. Heckyl covers millions of sources from all over the world pertaining to over 40,000 listed equities, FX, Commodities and Macro Economic Events.
The sentiment data will be free of charge and available for retail investors in the first half of 2016 via Euronext's Market Data app and later on also through web-delivered services.
Through Heckyl Technologies' state of the art proprietary systems, data will be simultaneously gathered from hundreds of thousands of sources from all over the world, such as news websites and blogs, and presented as ready-to-use, actionable intelligence.
The sentiment analysis will allow investors to be alerted to mood changes in a company's value before the price itself moves. ''Heckyl Technologies are one of the most exciting start-ups in London's Level39 fintech hub and this innovative service will enable investors to increase insight in stock market behaviour'', said Lee Hodgkinson, head of markets and global sales at Euronext.
