Minetta Brook Launches KNEWSAPP.COM web application at Finovate Fall 2014 in New York City

Real-time computational linguistics technology that answers the question “out of everything that is going on in the world of news, blogs & twitter, what should I be reading RIGHT NOW that affects my investment interests?”
 
NEW YORK - Sept. 24, 2014 - PRLog -- NEW YORK – September 24, 2014 – Minetta Brook (www.minettabrook.com) today announced the launch of their second product, the KNEWSAPP.COM web application at Finovate Fall 2014. KNEWSAPP (www.knewsapp.com) employs cutting edge computational linguistics technology that is able to process news streams in real-time to dynamically discover topics, find connections and quantify news. In KNEWSAPP users are able to discover news from what is being written, rather than how many people have read an article, which is what most news aggregators and search engines display today.

Minetta Brook’s machine learning continuously expands our current database of over 260 million tracked topics. This enables KNEWSAPP to identify unusual activity that others would miss: around tickers, people, organizations, key financial terms, locations, etc. KNEWSAPP’s proprietary scores can alert users to news velocity to specific tickers in a watch list or a sector. Stories are scored based on linguistic algorithms to tell the user what news to read right now in relevance to their investment interests or thesis.

The product will be available as limited preview to 100 users. Users can sign-up at www.knewsapp.com to get access to the application.

"We want to change the way news is consumed, not simply find a marginally better way. With KNEWSAPP, we have broken the rules of how news makes the front page today: our NLP algorithms focus on the content & coverage, not readership or clicks. Four months after launching our first product on the Bloomberg Terminal™, we have taken the next big step with the web based product. KNEWSAPP’s users will be the first to catch a relevant important event and be able to leverage the lead time to prepare better.” said the cofounders of Minetta Brook: D Bharadwaj, CEO and Prabhu Venkatesh, Chief Scientist.

“KNEWSAPP can be used as a news analytics & social media analytics tool by hedge funds, portfolio managers, sell-side traders, buy-side traders, analysts, wealth managers, broker dealers etc. to gain an information edge. The ability of KNEWSAPP to measure velocity across traditional news media plus tweets & blogs, in real-time, makes it an indispensable tool in the finance industry.” said Ken Cutroneo, Director of Sales who was formerly at KCG and Head Trader at Obrem Capital Management.

For more information about KNEWSAPP, please visit www.knewsapp.com or contact ken@knewsapp.com.

About KNEWSAPP

KNEWSAPP is a real-time news analytics, monitoring & discovery application for traders & investors that surfaces highly targeted developing news, blogs and tweets from across the world before they become headlines. Our NLP & computational linguistics technology auto-discovers and scores content based on connections within news, blogs, tweets and financial factors. For more information, please visit www.knewsapp.com or follow us on Twitter @knewsapp (http://www.twitter.com/knewsapp).

About Minetta Brook

Minetta Brook is a big data intelligence company that has achieved ‘real-time’ computational linguistics technology. Our team of data experts and technologists are rooted in cutting edge financial technology.

About FinovateFall

FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in New York, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate, and unique format. FinovateFall is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit www.finovate.com.

Contact
Ken Cutroneo
ken@minettabrook.com
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Tags:News Analytics, Computational Linguistics, News Discovery, Blogs & Twitter, NLP
Industry:Financial, Technology
Location:New York City - New York - United States
Subject:Products
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