Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, March 03 2020 - 08:00
AsiaNet
RavenPack's Strategic Expansion Into Asia Pacific Starts With Australia
SYDNEY, March 3, 2020 /PRNewswire-AsiaNet/ --

- After seeing an increase in demand from customers in the Asia Pacific region, 
RavenPack, the market leader in NLP and big data analytics, has decided to set 
up a dedicated office in Sydney, Australia

Heading up the expansion will be Justin Amos, former Director of Emerging 
Technologies at PwC in Australia and a successful entrepreneur in the financial 
technology sector with 20 years in global capital markets experience. 

RavenPack's expansion into Asia Pacific meets a rise in demand for its data 
analytics from players in the major established financial centers of the region 
as well as emerging economies. 

"We are seeing an increase in demand from the market to directly use 
alternative data in investment models and to complement internal data services 
teams in the design of new products and services. We are focused on building 
RavenPack globally and expanding into Australia is key to our strategy," says 
Armando Gonzalez, CEO of RavenPack.

The company's flagship news sentiment data is used by investors the world over 
to provide orthogonal alpha to their existing investment strategies. 
RavenPack's API also offers a scalable solution to extracting value from 
clients' own internal content resources using the latest in text analytics. 

In the early 2000s, RavenPack became a pioneer in alternative data by creating 
sentiment indicators derived from news and social media that could provide the 
basis for systematic financial trading models. 

Investors cite the quality and deep history of the data, the company's strong 
client focus and aftercare, and its expertise in the field, as key attributes. 

RavenPack has now grown to be a market leader in the field, with over 120 team 
members across its offices in New York, Marbella (Spain), and also now Sydney, 
Australia.

RavenPack Chief Data Scientist, Peter Hafez, will be doing a road trip from the 
end of March to early April in Australia and is available for private sessions 
to share the latest on Natural Language Processing and Derived Sentiment Data, 
and how this can add value to your investment process. Email info@ravenpack.com 
to book your slot.

About RavenPack

RavenPack is the leading big data analytics provider for financial services. 
The company's products allow clients to enhance returns, reduce risk and 
increase efficiency by systematically incorporating the effects of public 
information in their models or workflows. RavenPack's clients include the most 
successful hedge funds, banks, and asset managers in the world.

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Source: RavenPack