Wharton's WRDS adds RavenPack News Analytics for news and social media

Wharton Business School’s Wharton Research Data Services (WRDS), the leading data research platform and business intelligence tool for corporate, academic and government institutions worldwide, has announced the addition of RavenPack News Analytics to its data offerings.

A part of the Wharton School of the University of Pennsylvania, WRDS provides the leading business intelligence, data analytics, and financial research platform for global institutions dedicated to providing comprehensive thought leadership and historical analysis. WRDS is a powerful computing platform that provides unparalleled access to global financial data, research utilities, and insight into the latest innovations in academic research, and is trusted for data access and insights that accelerate impactful research and enhance learning.

In an era of big data that can be difficult to incorporate into research, RavenPack News Analytics creates organized data that can be used across multiple financial fields, including asset management, risk and compliance and research. RavenPack News Analytics helps users track relevant information on tens of thousands of companies, government organizations and influentials; monitor accumulation of adverse sentiment, detect headline risk, or reduce false positives from market abuse; and anticipate business, economic, and geopolitical events that are hard to predict.

Robert Zarazowski, Managing Director of WRDS, had the following to say:

WRDS is really pleased to offer RavenPack News Analytics to our academic subscribers. Helping researchers get the key information they need is an essential part of our work in an era of big data, and RavenPack News Analytics will be a terrific addition to our existing datasets.

CEO of RavenPack Armando Gonzalez added:

It’s no secret that news and social media have a profound effect on business and financial markets. Researchers rely on our data to push the boundaries in financial studies. We are excited to partner with WRDS and provide their users with the ability to incorporate our 15 years of analytics data into their models.

RavenPack’s News Analytics notes:

  • Access unique aspects to quantitative and fundamental research; control for news and social media in academic research.
  • Granular analytical data on all companies providing information on a variety of dimensions such as events, sentiment, relevance, and novelty.
  • Analytics on 175,000+ entities.
  • Coverage for 2000+ event categories.

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