Boston, MA (PRWEB) October 16, 2012
The Boston Predictive Analytics group facilitates informative lectures and networking events to help technologists, entrepreneurs and investors further their understanding and proficiency regarding Predictive Analytics.
McGovern spoke on using text mining for Sentiment Analysis and its importance to the bond market. McGovern stated “Markets are driven by sentiments and tracking sentiments across sectors is a large part of what we do at Capital Market Exchange.” McGovern demonstrated an example of the process of Sentiment Analysis using Rapid Miner, a popular text mining software
Capital Market Exchange is developing a sophisticated classification analysis tools that will facilitate investment managers to make better investment decisions. When complete, this work with enhance the value of the firm’s core product and enable investment teams to detect the changing importance of factors driving bond prices ahead of conventional analytical models.
Capital Market Exchange is the Boston based fixed income analytics platform for institutional investors. Capital Market Exchange quantifies factors driving current bond spreads and generates a common reference point for price calculations from the market consensus. The firm's analytics provides investment teams a view on emerging credit risks, enabling better forward-looking investment analysis and decisions.