Thomson Reuters, Finatext Ally for 'Social' Data
The service will initially focus on social media coverage of Japan-listed stocks before expanding into other instruments and markets.
The solution, dubbed Social Indicator, will be carried via Thomson Reuters’ Knowledge Direct Wealth Management from June, and will analyze and convert vast amounts of social data into numerical data, and provide this back to investors as investment data and trade ideas, aimed at individual investors.
The vendors will also look at expanding its coverage of non-Japanese Stocks and other offerings to other markets in Asia.
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