Aleri and RavenPack Partner to Create Advanced News-Based Signal Generation Machine for Trading

CHICAGO--(Business Wire)--
RavenPack, an independent provider of News Analytics, today announced that they
have partnered with Aleri, a leading provider of enterprise-class complex event
processing (CEP) technology and CEP-based solutions, to develop the first
news-based signal generation machine.

"News Analytics are a rich source of trading signals to the largest and most
successful quantitative fund managers," said Don Williams, Managing Director of
RavenPack. "Until recently, this source of market information has only been
accessible to the largest players. Together Aleri and RavenPack have developed a
news-based signal generation solution that is affordable and easy to implement."

RavenPack's cutting-edge computational linguistics and analytics platform,
delivers news as data, allowing users to easily and quantitatively analyze news
events and their correlation with financial instruments. Within milliseconds,
RavenPack processes news stories from thousands of global media sources and
turns the news into numbers that are automatically delivered as news-derived
factors into Aleri CEP-based trading models. Aleri CEP provides immediate
response to shifts in public sentiment based on news, enabling the immediate
creation of orders or changes to prices.

"We have seen a lot of interest from customers in factoring news into trading
algorithms, but the challenge has been the automated analysis of news - which is
exactly what RavenPack has addressed." said Jeff Wootton, VP of Product
Development. "Clients can use the advanced data modeling capabilities of the
Aleri CEP technology to rapidly test and launch new trading and risk
applications that are driven by the RavenPack news analytics in a fraction of
the time required when using traditional systems and techniques."

By integrating with Aleri`s CEP engine, RavenPack has created a library of
turnkey news factor models that can be used out of the box or as a starting
point for further customization of a clients` proprietary trading approach. The
joint RavenPack/Aleri integrated platform includes real-time analysis of key
news events that are likely to impact market prices, allowing clients to more
easily incorporate news into their trading and risk management strategies.

To demo the integrated solution please contact info@ravenpack.com

About RavenPack

RavenPack is a leading provider of news analytics and machine-readable content.
The company specializes in linguistic analysis of high volume, real-time news
from high-end newswire services. In finance, RavenPack provides dynamically
tagged news feeds and analytics that meet the accuracy and low latency
requirements of today`s markets. For more information about RavenPack visit:
http://www.ravenpack.com

About Aleri

Aleri, a leading provider of enterprise-class complex event processing (CEP)
technology and CEP-based solutions for financial services, provides a high
performance platform to quickly build and deploy real-time data analysis
applications, without compromising data management, scalability, performance, or
security. Built for high throughput with minimal latency, Aleri`s event
processing technology allows customers to analyze and respond instantly to
high-volume, high-speed data to minimize risk and increase competitive
advantage.

Aleri`s CEP powered solutions help translate real-time data into insight,
enabling the financial industry to respond faster to changing conditions and to
make better decisions through more timely information. The Aleri Liquidity
Management System leverages the power of CEP to provide end-to-end real-time
management of cash and liquid assets to reduce short term liquidity risk and
ensure optimal funding. The Aleri Market Liquidity Analysis engine consolidates
and analyzes multiple order book feeds from individual exchanges to provide a
powerful tool for trading in fragmented markets.

Aleri is a global company headquartered in Chicago with offices in Mountain
View, New York, New Jersey, London, and Paris. For more information, visit
www.aleri.com.

Press:
Aleri
Kelly Shumaker, 312-540-7347
kelly.shumaker@aleri.com
or
Cognito
Ishviene Arora, 646-395-6300
aleri@cognitomedia.com

Copyright Business Wire 2009