DPA-AFX Mulls Adapting Video News for Data Terminals
German financial news provider DPA-AFX is planning to target its economic and financial video content at financial institutions as an additional input to investment decisions, after launching an English-language video news service this week.
DPA-AFX has produced German-language video content for the past five years, but took the decision to create English-language content in order to further internationalize its offering, following the launch of English-language versions of its International ProFeed and Compact real- and near-time financial newswires in 2011 (IMD, April 11, 2011).
The video content is currently available on third-party financial websites and news portals -- such as the website of German newspaper Handelsblatt -- but the news provider is considering adapting the service so it can be integrated into financial data terminals after being approached by an unnamed bank earlier this year, says Martin Kalverkamp, managing director at DPA-AFX.
"We don't currently sell the German-language content to financial professionals, but we are having conversations with a large bank to deliver this content in English into a terminal platform so that a closed user group within that bank can access it," Kalverkamp says.
The English news video content focuses on financial markets in Europe, and comprises two reports each trading day covering four topics: "Stock of the Day," which focuses on one stock and provides information on its latest movements; "Europe in a Minute," which details the major news of the day; "European Markets Overview," which covers the main market movers in equities, currencies, commodities and interest rates; and "Top Headline," which delivers a snapshot view of news.
Kalverkamp says the Flash-based video content -- which can also be integrated into third-party apps for iPhones and other smartphones -- was created in response to customer demand, after clients responded positively to alternative distribution methods such as audio and podcasts. "Of course, if you read text and articles you can get a lot of information, but [video]... is easier to consume, is available on-demand, and gives a multimedia extension to financial news," he adds.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Chris Edmonds takes the reins at ICE Fixed Income and Data Services
Edmonds is now leading ICE’s fixed income and data business as the rush to provide better data and analytics in fixed income builds.
Deutsche Börse democratizes data with Marketplace offering
Deutsche Börse Group is set to unveil its Marketplace, a one-stop data shop designed to simplify and streamline data acquisition and consumption for its clients, while also surfacing data from across the firm to its own users. Jan Stiebing and Sven…
DSB says industry is ready to meet UPI mandate ahead of deadline
The Unique Product Identifier will be required for certain OTC derivatives in the EU at the end of April, following US adoption in January.
Mapping a successful data journey: strategy, execution and sustainability
A well-planned data journey can positively impact an organization’s long-term trajectory. However, it is important to have clarity not only in the strategy but also in successful execution and sustainability for the long haul, argues data veteran Subbiah Subramanian.
The IMD Wrap: The growing data catalogue space
With their potential to manage costs and surface strategic datasets, it’s no wonder Max gets excited about data catalogs. This week, he takes a look at a new startup entering the space.
LSEG to sunset Redi EMS in favor of Tora
Sources say competitors will look to seize on the decision to win over Redi’s sizeable US client base.
The IMD Wrap: Taking stock of inventory management
With market data and associated costs typically representing a firm’s third-largest expense, there’s a lot of incentive to manage data and its usage more efficiently. Max flings open his fridge to illustrate what’s new in this space.
Most read
- Deutsche Börse democratizes data with Marketplace offering
- Sell-Side Technology Awards 2024: All the winners
- Sell-Side Technology Awards 2024: Best implementation at a sell-side firm—FlexTrade Systems