Spectral's Monitr Announces Launch of Market News Analysis Platform for Investors
October 22 2014 - 7:50AM
Business Wire
Monitr provides a significant advantage to investors by
uncovering the news and information, in real time, that are
influencing markets and the equities that are most impacted
positively or negatively at any given time.
Spectral Capital Corporation, (FCCN.QB), announced today that
portfolio company Monitr has launched its financial market news
analysis platform and service. The Monitr platform finds,
aggregates and analyzes thousands of news articles and opinions
daily, calculating the sentiment, trend and impact on equities,
sectors and indices for each article or social media post in real
time. The Monitr service provides analysis for over 7,000 publicly
traded companies, major indices like the S&P500, Dow Jones and
Russell 2000 and exchanges including the NYSE, Nasdaq and TSX.
Over the past decade, there has been an enormous increase in the
production and distribution of financial news and opinion. The
amount and flow of new information reporting and commenting on
equities and markets has moved well beyond the consumption
abilities of even the most advanced financial organization or
retail investor. Monitr, leveraging the power of the cloud and its
proprietary algorithms, aims to provide these investors and traders
with the tools, data and services that will allow them to follow
and analyze all the news, from all markets for all equities. Monitr
users have a significant advantage by being able to uncover the
news and information that are influencing markets and the equities
that are most impacted positively or negatively at any given
time.
The Monitr service is web-based making it easy to access from
any desktop device or tablet. The service provides easy to
interpret market visualization tools, competitor comparisons,
portfolio management along with fine-grained analysis for equities,
industries and sectors for the past 30 days. In addition to tools
to follow, monitor and interpret market news, trends and sentiment,
Monitr provides daily updates, real time alerts and signals via
email and Twitter.
"Monitr is a very ambitious project and now that it is available
to the public, it has the potential to be a game-changer for
individual investors, as well as financial institutions and hedge
funds," said Jenifer Osterwalder, Spectral CEO. "The use of
technology has become integral in making informed investment
decisions, and Monitr provides groundbreaking analysis of what, up
until now, has been an underutilized market signal - news and
opinion."
Immediate enhancements planned for Monitr include further
development of the Monitr Rank algorithm, as well as refinement of
the algorithms underlying the analysis of sentiment and the
calculation of audience impact for news mentions. Enhancements to
existing algorithms will bring even more precision to the analysis
available on the Monitr platform.
"We know, based on early feedback, that Monitr is already an
essential tool for professionals in financial markets. We are
focused on making Monitr a need-to-have tool for every investor who
strives to make data-driven investment decisions," commented Dennis
Lutsky, Monitr founder and CEO.
In addition to individual accounts, Monitr is available to
larger financial institutions via customizable data feeds and on
the web as Software as a Service (SAAS).
For more information and to sign up for Monitr's free or paid
services, visit www.monitr.com
ABOUT SPECTRAL:
Spectral Capital (FCCN) is a publicly traded technology startup
accelerator that invests primarily in emerging and fast growth
technology markets. We offer shareholders an ideal way to invest in
early stage startups with the added benefit of investment liquidity
through public exchanges. We acquire companies that are developing
technologies and solutions to challenging business problems and
needs. Spectral guides and mentors each new venture, keeping them
on track and focused on growth. Spectral Capital has offices and
operations in North America and Europe.
ABOUT MONITR:
Monitr is a technology and financial data services company.
Monitr specializes in the analysis of news, opinion and social
media to determine the aggregate sentiment and trends of equities,
commodities and currencies across world markets. It offers these
services direct to customers on the web as Software as a Service
and via customized data feeds for financial institutions and hedge
funds.
PRESS RELEASE FORWARD LOOKING STATEMENT:
This press release contains forward-looking statements (as
defined in Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended)
concerning future events and the Company's growth and business
strategy. Words such as "expects," "will," "intends," "plans,"
"believes," "anticipates," "hopes," "estimates," and variations on
such words and similar expressions are intended to identify
forward-looking statements. Although the Company believes that the
expectations reflected in such forward-looking statements are
reasonable, no assurance can be given that such expectations will
prove to have been correct. These statements involve known and
unknown risks and are based upon a number of assumptions and
estimates that are inherently subject to significant uncertainties
and contingencies, many of which are beyond the control of the
Company. Actual results may differ materially from those expressed
or implied by such forward-looking statements.
Factors that could cause actual results to differ materially
include, but are not limited to, changes in the Company's business;
competitive factors in the market(s) in which the Company operates;
risks associated with operations outside the United States; and
other factors listed from time to time in the Company's filings
with the Securities and Exchange Commission. The Company expressly
disclaims any obligations or undertaking to release publicly any
updates or revisions to any forward-looking statements contained
herein to reflect any change in the Company's expectations with
respect thereto or any change in events, conditions or
circumstances on which any statement is based.
Spectral Capital CorporationJenifer OsterwalderTel: +41 79 764
86 10contact@spectralcapital.com
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