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Armando Gonzalez, RavenPack

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RavenPack launches big-data analytics and visualisation platform

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RavenPack, a big data analytics provider for financial services, has launched a self-service data and visualisation platform that enables financial professionals to analyse unstructured data for investing and trading and to support risk management and compliance.

The platform allows users to monitor market-moving events, and quickly surface insights by combining a wide variety of data sets, including stock prices, geopolitical events, newsflow, social media activity, payments data, weather, apps, and data from the internet of things.
 
By using RavenPack’s proprietary sentiment analysis technology, investors can generate predictive insights and evaluate investment opportunities in real time.
 
The new platform allows both systematic and discretionary or fundamental users to: access curated content from a wide variety of sources; create and download custom datasets; analyse proprietary text documents, emails, IMs, PDFs, or any textual content; and visualise data and share insights across their organisation.
 
“RavenPack has become a vital source of information for quantitative investors,” says Yin Luo, vice chairman of Wolfe Research and Wall Street’s top-ranked quantitative analyst (six years in a row by the Institutional Investor Equity Research Survey). “The new RavenPack platform bridges the gap between systematic and fundamental investment managers exploring market anomalies and looking for an edge from unstructured big data.”
 
The company has secured USD5 million backing from Draper Esprit, a venture firm involved in the creation, funding and development of high-growth technology businesses. The money raised from Draper Esprit will fast-track RavenPack’s mission to transform the way investors gain insights from unstructured data. International investment banking firm EOC Partners acted as adviser to RavenPack on the transaction.
 
“Our new product and backing from Draper Esprit strengthens our ability to democratise analytics on big data in capital markets,” says Armando Gonzalez (pictured), CEO of RavenPack. “The new platform opens up access to unstructured data analytics which until now have only been available to the most sophisticated quantitative investors and traders.”
 
“RavenPack’s core value lies in turning unstructured big data into real-time actionable insight to generate significant results. This is particularly relevant for banks, hedge funds, and asset managers who are fast becoming data hoarders. Their new platform will empower investors across the board to better understand volatile markets. We’re excited to be investing in a fintech company with a brilliant track record and look forward to working with them as they become an important cornerstone in the big data ecosystem,” says Simon Cook, CEO of Draper Esprit.

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