Risk Information Services has developed Risk Risk That Read , a risk - analysis tool that uses big data and machine learning techniques to digest thousands of financial news stories . The analyst can analyse real - time information rather than just past data , the company said . The product , developed in partnership with Alexandria Technology , is expected to appeal to hedge fund managers , asset owners and high - frequent traders , and offers a more complete picture of risk , according to Northfield President analyst diBartolomeo .
Northfield Information Services has launched Risk Systems That Read, a risk-analysis tool that uses big data and machine learning techniques to digest thousands of financial news stories. The platform can analyse real-time information rather than just past data, the company said. The product, developed in partnership with Alexandria Technology, is expected to appeal to hedge fund managers, asset owners and high-frequent traders, and offers a more complete picture of risk, according to Northfield President Dan diBartolomeo.