Prattle Launches Upgraded Corporate Analytics Platform for Finance Professionals

BOSTON, July 25, 2018 /PRNewswire/ -- Prattle, the leading provider of automated investment research solutions for asset managers, research analysts and other finance professionals, has added new analytics on corporate communications to its Equities Analytics platform. The updated platform now includes predictive sentiment data and automated research reports on official corporate communications issued by more than 3,000 companies.

"Prattle now provides users access to comprehensive, unbiased insights into virtually every publicly available corporate communication. This automated research allows asset managers to broaden coverage, mitigate bias and optimize investment outcomes in a cost-effective manner," said Evan Schnidman, CEO of Prattle. "We're thrilled to introduce a product with the potential to improve the way investment research is done."

Utilizing the same proprietary algorithmic process as the existing Prattle Equities Analytics platform, the new corporate communications features offer greatly expanded functionality to quantitative analysts as well as fundamental and quantamental investors. Users can now view sentiment scores for virtually every primary source corporate communication, including press releases and other material released on corporate websites, issued by more than 3,000 publicly traded companies. This allows users to closely monitor company language patterns without the labor-intensive process of manually reading every release.

"These corporate communications can be interpreted as 'breadcrumbs' between earnings calls, providing insight into the upcoming earnings call for each company as well as broader trends in corporate sentiment," continued Schnidman. "Automating this traditionally manual research process allows users to identify important trends in corporate communications while simultaneously overcoming research industry challenges, like human cognitive bias, that are compounded by compressing margins."

Prattle's industry-leading technology algorithmically evaluates the historical relationship between each individual company's language and price movement to assess how newly-released communications are likely to impact that company's stock price. Customizable subscriptions are available, and users can access the data in a variety of formats including API and an interactive web portal, as well as the new Prattle Equities mobile app. Both the portal and mobile app have an alert feature allowing users to integrate Prattle Equities Analytics seamlessly into their existing workflow.

About Prattle
Prattle is a research automation firm that quantifies market-moving language using proprietary machine learning and natural language processing technology. Prattle provides predictive central bank and equities analytics that give clarity to investors struggling with a flood of unstructured information. Founded by experts in textual analytics and economic forecasting, Prattle is backed by top-tier Wall Street and Silicon Valley investors and has drawn interest from leading investment banks and asset managers. Prattle produces its data using Portend, a proprietary data science software platform. For more information, visit www.prattle.co.

SOURCE Prattle

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