Brown’s talk was about the Reuters NewsScope Sentiment Engine, which “processes a stream of Reuters English language news items, producing sentiment data for a list of customer determined target companies.” The list of collaborators is intruiging:
- Technology from Infonic to assess author sentiment.
- Stream processing from Streambase.
- Quantitative research from AlphaSimplex, a firm chaired and founded by Andrew W. Lo, director of MIT’s Laboratory for Financial Engineering.
- And of course Reuters’ own Calais Web service.
I have no idea how valuabe the results are, but I intrigued at the ambition of putting all of these pieces together to support financial-market trading, Given the rocky history of quantitative trading, I’m curious to hear about their results.