Acuity Trading to use Crux Informatics for financial data processing
Sentiment trading services provider Acuity Trading has announced a new partnership with data solutions company Crux Informatics. The move will see Acuity Trading utilise the data processing clout of Crux Informatics to further unlock the world’s news content from unstructured data into actionable trading tools and intelligence.
The company said that the partnership will take Acuity Trading’s market leading NLP technology, AI trading software signals and data analysis to the next level. Acuity combines expertise in news, technology and computational science to provide market professionals with alternative views of the markets. Acuity analyzes news content from Dow Jones Newswires, which includes content from The Wall Street Journal and Barron’s, to assess underlying market sentiment towards global financial instruments.
Andrew Lane, Co-Founder, Acuity Trading, said:
“Exciting times lie ahead for our team. Partnering with Crux Informatics is the natural next step for Acuity Trading as we scale our data services and enable more investors to streamline their onboarding process. The combination of Crux’s data processing powers and operational support interwoven with our unique data sets will empower traders to discover individual alpha for competitive advantage.”
Acuity Trading is a financial technology company, extracting and analysing rich sentiment data from global news sources to provide online brokers, investors and market professionals across the investment community with an alternative and unique view of the markets. Founded in 2013 and headquartered in London, Acuity Trading uses sophisticated Machine Learning and Natural Language Processing technology to analyse millions of news items, including Dow Jones Newswires, on a daily basis and quantify the mood of the market towards any given tradable instrument including global themes affecting the market.
Brokers which have implemented Acuity’s sentiment trading platform for clients includes ADSS, OANDA, Admiral Markets, Hantec Markets, and Equiti.