Wed, Apr 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Eagle Alpha launches Social Sonar a compliance approved Twitterfeed

Wednesday, October 09, 2013

Bailey McCann, Opalesque New York:

Eagle Alpha, a web curation company has launched a new Twitter application for financial firms that is compliance approved. Social Sonar works and looks a lot like TweetDeck, one of the most popular Twitter applications but unlike traditional Twitter apps, is read only and heavily curated to focus primarily on market moving financial news.

With 500m tweets, 200m tweeters and 135,000 new users each day it is becoming increasingly difficult to unearth relevant data. Social Sonar channels intelligence on stocks and global macro topics through lists created by former buy-side analysts and researchers. The company says that both investors and traders will benefit from the service which provides 90 lists of influencers sorted by topic. Tweets are then searchable and stored for up to five years.

"There is a very low signal to noise ratio on the web especially when it comes to financial information," Eagle Alpha CEO and founder, Emmett Kilduff, tells Opalesque. "Employees in banks and hedge funds can't access social media for the most part, but there is valuable information out there that could be helpful."

The service is available to market participants seeking an investment edge including the buy-side, sell-side, corporates and retail investors. Social Sonar provides clear records and audit trails to meet all compliance requirements. According to Kilduff, in the future the company plans to include feeds from other social m......................

To view our full article Click here

Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  4. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac

  5. Agecroft Partners estimates 90% of hedge funds using social media[more]

    The use of social media has increased significantly within the hedge fund industry over the past couple of years. Social media is broadly used by investors as part of their due diligence process on hedge funds, by service providers in their sales efforts to hedge funds, and by hedge funds to enhance