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BlackRock grew its securities lending revenue to $151 million for Q2 2016, up from $157 million in the same quarter last year... Read more

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Data Explorers launches robot journalist
23 January 2012 | London | Reporter: Anna Reitman
Data Explorers has partnered with Narrative Science to create the world's first securities lending newswire using an artificial intelligence system.

Narrative Science helps companies create editorial content at a speed and scale that was not previously feasible. The company’s artificial intelligence system takes raw data and transforms it into narrative content including stories, insightful business reports, tweets and more.

Data Explorers is currently in the final stages testing the system internally and expects to go live on the site in the next couple of weeks. The authoring technology will be able to write 20 articles a day about short selling and institutional investor holdings identified by some three million intraday transactions in its database.

Jonathan Morris, COO of Data Explorers, said, “Narrative Science enables a relatively small financial data organisation to create its own bespoke newswire”. The newswire will also be made available on third party market data providers, Bloomberg, Capital IQ and FactSet.



BlackRock enjoys sec lending growth
BlackRock grew its securities lending revenue to $151 million for Q2 2016, up from $157 million in t Read more

BNY Mellon's Jeannine Lehman to retire
Jeannine Lehman is retiring from BNY Mellon at the end of the summer, the bank has confirmed... Read more

Northern Trust settles and enjoys higher spreads
Northern Trust will have to pay $46.5 million to settle securities lending litigation, while the ban Read more

Securities lending deserves own contract, says Funston
Rising costs and a greater diversity of providers is leading pension funds to request unbundled cont Read more

SWIFT selected for intraday liquidity reporting
Deutsche Bank global transaction banking has selected the SWIFT Scope solution for intraday liquidit Read more

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