NEW YORK, April 28, 2016 (GLOBE NEWSWIRE) -- via PRWEB - Infinigon Group Inc has announced today the launch of its financial application, ECHO™ on the Thomson Reuters EIKON™ platform. Infinigon Group's deep learning AI platform converts social media data streams into early, pre-mainstream, actionable news and analytics on more than twelve thousand publically listed companies.
ECHO™ is first to identify information and trends important to the trading universe – often essential, early information captured from social media and breaking news reports on traditional media that impacts public companies, commodities and currencies.
"ECHO™ not only provides trading-relevant early signals, it also helps eliminate the problem traders often have of being blind to reasons for sudden stock or commodity price fluctuations, thus mitigating risk", said Alicia Belzberg, CEO of Infinigon Group. "The timing is right and we are pleased to be partnering with Thomson Reuters in this newest trading innovation for users of its EIKON™ platform."
"Social media is becoming an essential component to monitor when trying to spot impact-events in financial markets and this application from Infinigon Group in Eikon is designed to provide traders with another way to digest such information quickly and reliably," said Michael Chin, global head of equities, Thomson Reuters. "The addition of Infinigon Group to the expanding list of third party apps in Eikon further demonstrates our commitment towards partnering with innovative companies, and providing open, collaborative solutions that meet the demands of our customers."
ECHO™ is arguably the most advanced social-based real time track-and-trade decision support and risk management tool available; one that is complementary to the traditional trading tools and value adding on all trading desks.
About Infinigon Group
Infinigon Group's deep learning AI platform converts social media data streams into actionable news, providing early, relevant information, and emerging trends around the world ahead of other sources such as conventional media. ECHO™, our premier financial analytics application enhances trading certainty and efficiency and mitigates risk by delivering real-time predictive intelligence to financial professionals on more than twelve thousand listed North American companies, commodities and currencies.
http://www.infinigongroup.com
About Thomson Reuters
Thomson Reuters is the world's leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit http://www.thomsonreuters.com.
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